El Salvador

This country has just made bitcoin legal tender. Here’s what it means

a picture of a bitcoin next to an american one hundred dollar bill featuring bill franklin on the front

Panama is considering following El Salvador’s lead. Image: Unsplash/Bermix Studio

Jay L. Zagorsky
Research Scientist, The Ohio State University
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El Salvador

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These are the countries that use cryptocurrencies the most. Image: Statista

Ashley Lannquist, Project Lead, Blockchain and Distributed Ledger Technology, World Economic Forum

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El SalvadorFinancial and Monetary SystemsEconomic Progress
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El Salvador has adopted Bitcoin as official legal tender - but will other countries follow?

Tim Fries

September 30, 2021

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