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El Salvador's experience with Bitcoin Interest in Central Bank Digital Currencies Picks Up in Latin America and the Caribbean While Crypto. El Salvador became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El. The Central American country's bitcoin portfolio has made a profit Latin America. Nicaragua Grants Asylum to Convicted Former Panamanian.

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Restricted some legal restrictions on the usage of bitcoin. The Independent. A growing number of crypto investors are also trying to persuade other governments to create semi-autonomous zones that double as laboratories for economic experimentation, claiming it will stimulate growth and enrich nearby communities. Another hope for the chivo wallet was that it would help save hundreds of millions of dollars in remittance fees.