El Salvador Adds Bitcoin as Legal Tender, Paraguay, Panama to Follow
El Salvador has recently become the first country in the world to recognize Bitcoin as legal tender. Other countries in the Central and South American continent such as Paraguay and Panama may follow suit. Despite massive FUD and sell-off, the recent bullish news may have helped Bitcoin to stabilize in price. El Salvador has become the most recent country in the world to recognize Bitcoin as legal tender. The news was announced through a recorded message by the Central American country’s president Nayib Bukele during the Bitcoin Conference in Miami. Specifically, President Bukele said he will submit proposed legislation for