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El Salvador's Bitcoin ($BTC) Adoption Could Cost Western Union Millions, Here's Why

source-logo  coingape.com 09 September 2021 15:55, UTC

El Salvador created history in June after the country’s congress passed the Bitcoin Bill making it a legal tender in the country. The country celebrated Bitcoin Day on September 7 as BTC was officially integrated into the country’s monetary system. President Bukele said that the decision to shift to Bitcoin was done to offer banking services to over 70% of un-banked Salvadorians.

coingape.com