El Salvador’s President Nayib Bukele made the announcement during a national address on Thursday.
El Salvador’s bitcoin (BTC, +2.92%) law, which is expected to make the crypto legal tender within the country, is set to come into effect on Sept. 7, Reuters reported Friday.
El Salvador’s President Nayib Bukele made the announcement during a national address on Thursday, per the report.
The government will use the Chivo e-wallet, preloaded with $30 of bitcoin for everyone who downloads it, elsalvador.com reported.
Source Link