The Parliament of El Salvador passed a law according to which the bitcoin cryptocurrency becomes legal tender in the country. This was announced on Twitter on Wednesday by the Legislative Assembly.
“With 62 votes, the Legislative Assembly approved a bill under which El Salvador accepts bitcoin as a legal currency,” the statement said.
According to the bill, bitcoin will become a self-sufficient means of payment, with its help it will be possible to pay taxes, purchase goods and services. The US dollar will be used as the base currency for exchange transactions.
Earlier, the President of the country Nayib Bukele sent a corresponding bill to the parliament. Thus, El Salvador will become the first country in the world to secure legal tender status for bitcoin.
Russian news agency TASS