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Are bitcoins accepted in El Salvador?
Answer (En)
Yes, El Salvador became the first country in the world to adopt Bitcoin as legal tender in September 2021. Under the Bitcoin Law, businesses must accept Bitcoin along with the US dollar, which remains the official currency of the country. The implementation of Bitcoin in El Salvador has been a controversial topic and has generated various opinions. While some see this as a step towards financial inclusion and innovation, others express concerns about cryptocurrency volatility and potential impacts on the economy. It is important to note that the situation may evolve, and it is advisable to check local updates and regulations if you are considering using Bitcoin in transactions in El Salvador. Additionally, Bitcoin acceptance may vary between establishments, so it is advisable to confirm with specific merchants.
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