Tag: Business

What Is the Current Situation of Bitcoins in El Salvador?

What Is the Current Situation of Bitcoins in El Salvador?

Bitcoin is a digital currency that can be transferred from person to person over the internet. The current situation of bitcoin in El Salvador is complicated as regulations are not yet clear. However, there are still a lot of people using it for both personal and business purposes. El Salvador officially recognized Bitcoin as a legal payment method in 2016, which allowed it to be used for tax payments and other financial transactions. However, since no regulations read more