Quote from: kriptomadness on June 24, 2021, 08:06:44 AM

El Salvador has become the world’s first nation to tender Bitcoin when it accepted Bitcoin as a payment in June 2021.

I thought it was japan, because I remember that japan made a similar announcement in 2017 or 2016. Anyway, japan also has a law on bitcoin

Quote from: https://complyadvantage.com/knowledgebase/crypto-regulations/cryptocurrency-regulations-japan/

Japan currently has the world’s most progressive regulatory climate for cryptocurrencies and recognizes Bitcoin and other digital currencies as legal property under the Payment Services Act (PSA). Following those regulations, crypto exchanges in Japan are required to be registered and comply with traditional AML/CFT obligations. Japan is the world’s biggest market for Bitcoin and, in December 2017, the National Tax Agency ruled that gains on cryptocurrencies should be categorized as ‘miscellaneous income’ and investors taxed accordingly.

Source: https://complyadvantage.com/knowledgebase/crypto-regulations/cryptocurrency-regulations-japan/

Quote from: kriptomadness on June 24, 2021, 08:06:44 AM

Soon after that, President Nayib Bukele directed a State-owned power station to supply cheap, renewable energy to Bitcoin mining firms obtained from volcanoes in the country.

what is the price of electricity in El Salvador?

Quote from: kriptomadness on June 24, 2021, 08:06:44 AM

The decision by El Salvador to tender Bitcoin could be a win for the crypto market and the country itself.

It's good news for people in El Salvador, because el salvador exchanges will be able to access el salvador banks without having to go through headaches.