Bitcoin Becomes Official Legal Tender of El Salvador as Nation Bets on Crypto

El Salvador has become the first nation to officially make bitcoin legal tender. Ahmed Shabana, managing partner at Parkpine Capital, joined Cheddar’s Closing Bell to discuss the significance of a country of nearly 7 million people accepting crypto as a form of payment. He noted that if the “experiment” is successful in El Salvador, other countries could begin to adopt the same practice.
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