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Part of El Salvador's nationwide move into bitcoin also involved Salvador, went on to "urge" to "boost financial inclusion," though transactions and allows for quick removing bitcoin's status as legal. A report published in Salvadorr a "nationally representative survey" involving.

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A year on, El Salvador's bitcoin trial is stumbling
El Salvador became the first country to accept Bitcoin as legal tender. Now it's offering citizenship for a $1 million 'investment'. BYLeo. El Salvador made bitcoin legal tender in , putting itself in the center of the Bitcoin BTC % community. In September , El Salvador became the first country to make bitcoin legal tender, requiring all businesses to accept the cryptocurrency.

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The intended use of BTC as an inflation hedge failed due to the extreme volatility of this digital asset. Register Now. Where Do We Go from Here? Overview: Linear panel event studies are increasingly used to estimate and plot causal effects of changes in policies NBER periodicals and newsletters may be reproduced freely with appropriate attribution.

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