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El Salvador’s world-first adoption of bitcoin hits snags

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Reuters

By Anthony Esposito and Nelson Renteria SAN SALVADOR (Reuters) – El Salvador on Tuesday became the first country to adopt bitcoin as legal tender, although it suffered teething problems when the government had to unplug a digital wallet to cope with demand. President Nayib Bukele, who pushed for adoption of the cryptocurrency, says it will help Salvadorans save $400 million https://www.reuters.com/world/americas/migrant-families-wary-el-salvador-becomes-first-adopt-bitcoin-2021-09-06 a year on commissions for remittances, while giving access to financial services to those with no bank account….

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