Bitcoin is Now Legal Currency in El Salvador | Market Volatility | [English]

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"El Salvador officially adopted bitcoin as a legal currency on Tuesday, becoming the first country to do so. However, several hours into the first day, the launch of Chivo, the government's digital wallet app that allows Salvadoran citizens to transact in the volatile cryptocurrency, suffered snags and the price of bitcoin fell as much as 10% as of early Tuesday afternoon."

https://www.cbsnews.com/news/bitcoin-el-salvador-legal-currency/

Disclaimer: I am not a financial advisor. Humza Khan does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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