 El Salvador has become the first country in the world to adopt Bitcoin as legal tender after Congress approved President Naib Bukele's proposal to embrace cryptocurrency. With 62 out of 84 possible votes, lawmakers voted in favor of the move on Tuesday, June 8 to create a law to adopt Bitcoin despite concerns about the potential impact on El Salvador's program with the International Monetary Fund. Bukele has touted the use of Bitcoin for its potential to help Salvadorans live in abroad. The send remittances back home while saying the US dollar will also continue as legal tender. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.