El Salvador - First Country to adopt Crypto !

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It’s official : El Salvador has become the first country to adopt BTC as legal tender.

 

“Supermajority” in favor of the Bitcoin Law: receiving 62 out of 84 of the legislature’s vote.

 

The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out”.

“Prices can now be shown in bitcoin, tax contributions can be paid with the digital currency, and exchanges in bitcoin will not be subject to capital gains tax.”

The Price of Bitcoin was up 5% after the vote, with daily-high at 34.240$

You can have more info HERE :D

Regulation and Society adoption

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