Historical Events tagged with "remittances"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Economics & Industry
Bitcoin Officially Recognized as Legal Tender
September 7th, 2021 3 years ago
El Salvador became the first country to adopt Bitcoin as legal tender, allowing citizens to use it for goods and services alongside the US dollar. The initiative is led by President Nayib Bukele, who advocates for financial inclusion and aims to enhance remittances, which are crucial for the Salvadoran economy. This move created global attention, raising discussions about cryptocurrencies' role in emerging economies and the future of traditional banking.
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