El Salvador

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

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

Jay L. Zagorsky

Research Scientist, The Ohio State University


The Big Picture
Explore and monitor how Financial and Monetary Systems is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

El Salvador

Have you read?

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

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

How is the World Economic Forum promoting the responsible use of blockchain?

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:

El SalvadorFinancial and Monetary SystemsEconomic Progress


Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

El Salvador has adopted Bitcoin as official legal tender - but will other countries follow?

Tim Fries

September 30, 2021

About Us
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2022 World Economic Forum