At Miami Conference, El Salvador's President Announced He Wants Bitcoin To Be Legal Tender In His Country

Miami FL

07 June, 2021

12:48 PM

Description

CBS Miami June 7, 2021 At the Bitcoin 2021 conference in Wynwood over the weekend, El Salvador President Nayib Bukele announced that he wants to make the cryptocurrency legal tender in his country. In a recorded message played at the conference, Bukele said would he send proposed legislation to do that to the country's congress. The 39-year-old president, who has maintained approval ratings above 90% and made Twitter his preferred way of communicating, characterized it as an idea that could help El Salvador move forward. CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.