Cryptocurrency Q&A
Is bitcoin a legal currency in El Salvador?
Is bitcoin a legal currency in El Salvador?
Tommaso
Sat Mar 01 2025
|
6
answers
1307
I'm wondering if Bitcoin has been officially recognized as a legal currency in El Salvador. I'd like to know if it's legal to use bitcoin for transactions in that country.
Previous
Is BNB available in the US?
Next
Does Shiro Neko (Shiro) outperform the broader crypto market?
6 answers
Nicola
Mon Mar 03 2025
Bitcoin achieved legal tender status in El Salvador, a move met with significant domestic and international skepticism.
Was this helpful?
270
58
Lucia
Sun Mar 02 2025
These remittances are a crucial source of income for many Salvadoran families, often incurring substantial costs.
Was this helpful?
69
98
emma_lewis_pilot
Sun Mar 02 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts.
Was this helpful?
272
89
noah_harrison_philosopher
Sun Mar 02 2025
President Nayib Bukele's administration argued that Bitcoin would expand financial inclusion for Salvadorans.
Was this helpful?
217
29
SamuraiCourageous
Sun Mar 02 2025
For many, this meant access to banking services for the first time, addressing a long-standing issue of financial exclusion.
Was this helpful?
148
54
Load 5 more related questions
