Explainer: El Salvador’s bitcoin push: What does it mean for cryptocurrency? – Reuters

Explainer: El Salvador’s bitcoin push: What does it mean for cryptocurrency? – Reuters

El Salvador has become the first country in the world to adopt bitcoin as legal tender, with President Nayib Bukele touting its use for its potential to help Salvadorans living abroad to send remittances back home. read more

Here's what the move means for bitcoin as a mainstream currency - and emerging markets such as El Salvador:

WHAT DOES THE LAW SAY?