El salvador’s populist millennial president nayib bukele has said that he would be making the bitcoin cryptocurrency legal tender in the central american country. “next week i will send to congress a bill that will make bitcoin a legal tender in el salvador,” said 39 year old bukele in a recorded message played at a bitcoin conference in miami in the us. El salvador has become the first country to make bitcoin legal tender, a move president nayib bukele hailed as a historic step towards financial inclusion and economic growth for the poor central.
The digital currency can be used in any transaction and most businesses will have to accept payment in bitcoin. the u.s. dollar will continue to be el salvador’s main currency. Bukele to meet imf thursday. proposes bitcoin mining using volcanic energy. san salvador, june 9 (reuters) el salvador became the first country in the world to adopt bitcoin as legal tender. By marcos aleman. published 12:14 pm pdt, june 9, 2021. san salvador, el salvador (ap) — el salvador’s legislative assembly has approved legislation making the cryptocurrency bitcoin legal tender in the country, the first nation to do so, just days after president nayib bukele made the proposal at a bitcoin conference. The tender process is steps 5 and 6 of the procurement process. it usually begins when the buyer has approached the market. step 1: the tender opportunity has been released. after preparing the tender documents, the buyer formally issues the tender documents and asks for responses.
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