From September 7, Bitcoin will become the decision of Salvador's fiat exchange market.

06月
25
2021-6-25 10:58
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According to data from Golden Ten, the Salvadoran parliament on Wednesday (local time) approved the presidential proposal for bitcoin, making the country the first country in the world to use bitcoin as a fiat currency. Bitcoin has become a national currency since September 7 and the exchange rate with the US dollar is determined by the market. The President of El Salvador has stated that the government and the central bank do not currently hold bitcoin. Brandon Thomas, partner at Grayline Group consulting firm, said: "Whether it's going to snowball as a model or it can only be known temporarily to history."

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2021-6-25 10:52

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