El Salvador President Nayib Bukele is tabling a Bill in the country’s senate to legalise Bitcoin as legal tender and become the first country to formally adopt the digital currency and be used alongside the US$, which the nation has used as its official unit of currency since 2001. Some 70% of the population does not have a bank account, and 20% of the country’s GDP comes from remittances sent by migrants to family members.
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