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El Salvador became the first country to adopt cryptocurrencies as legal tender, marking a historic milestone in global financial evolution. This bold move opens up new opportunities for economic growth, financial inclusion, and technological innovation.

Background:

El Salvador, with a growing economy and a young and technologically advanced population, has been exploring alternatives to boost its economic development. The adoption of cryptocurrencies as legal tender is an innovative strategy to attract investment, encourage e-commerce and improve efficiency in financial transactions.