Bitcoin (BTC) will become a legal tender in El Salvador officially on September 7, and the government is now betting big on the cryptocurrency.
El Salvador Sets Up A $150 Million Bitcoin Trust Fund
The El Salvador government has shown its commitment to Bitcoin after setting up a $150 million trust fund. The trust fund was approved by the finance commission of El Salvador’s Legislative Assembly, and it is expected to be used to support the country’s plan to make BTC a legal tender.
El…
Source link
