El Salvador Seeks World Bank Help To Adopt Bitcoin

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Tom Stewarton 17/06/2021|
1 min read
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Adding to our previous article, El Salvador has sought assistance from the World Bank to adopt Bitcoin as legal tender. Finance Minister Alejandro Zelaya of El Salvador has said that they are seeking guidance on rules and implementation. Making Bitcoin a legally accepted tender is a revolutionary move, however comes with a complex implementation as tax, legalities and exchange all must be configured. Read our previous article on the matter, and also El Salvador’s search for renewable energy for bitcoin mining here.