El Salvador Congress backs $150 million fund for bitcoin ahead of adoption

El Salvador Congress backs $150 million fund for bitcoin ahead of adoption

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-el-salvador-bitcoin/el-salvador-congress-backs-150-million-fund-for-bitcoin-ahead-of-adoption-idUSKBN2FW1UE

El Salvador's Congress on Tuesday approved a law to create a $150 million fund to facilitate conversions from bitcoin to U.S. dollars ahead of the Central American country's planned adoption of the cryptocurrency as legal tender next week.