Today, El Salvador has become the first country to legalize bitcoin as a legal tender. The lawmakers in the South American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law.

The president of El Salvador, Nayib Bukele, tweeted,

The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out

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