On Wednesday, 9 June, El Salvador officially recognised bitcoin as legal tender.the country’s Congress approved President Nayib Bukele's proposal to embrace the cryptocurrency, a move that delighted the currency's supporters.
"It will bring financial inclusion, investment, tourism, innovation and economic development for our country," Bukele said in a tweet shortly before the vote in Congress

With 62 out of 84 possible votes, lawmakers voted in favour of the move to create a law to adopt bitcoin, despite concern about the potential impact on El Salvador's programme with the International Monetary Fund.
"If you go to a McDonald's or whatever, they cannot say we're not going to take your bitcoin, they have to take it by law because it's a legal tender," Bukele said in an online conversation he held with crypto-currency industry figures in parallel to the debate in Congress.
BEACH INSPIRATION
It was not immediately clear how long Bukele had been working on the bitcoin plan, but he said on Wednesday he was inspired by a project called Bitcoin Beach that introduced the cryptocurrency in an El Salvador beach town last year.
El Salvador will promote training and mechanisms to allow access to bitcoin transactions, the law said.

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