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 El Salvador will adopt bitcoin as legal tender, president says By Mitchell McCluskey and David Goldman, Business Updated 1608 GMT (0008 HKT) June 6, 2021 Bitcoin miner CEO: Industry is moving toward carbon neutral FaceTime. IDs. Do Not Disturb. See Apple's latest updates Here's what Bezos' trip to space will look like Here's what it's like to house hunt in one of the craziest markets in the country Facebook VP: We are applying the most severe penalty we have on Trump Atlanta ( Business)El Salvador could become the first county to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced in a video recording shown during the Bitcoin 2021 conference held in Miami. "Next week I will send to congress a bill that will make bitcoin a legal tender," Bukele said, according to the conference's organizer, Bitcoin Magazine. Bukele, a 39-year-old, right-wing populist who rose to power in 2019, has a strong majority of 56 out of 84 seats since a landslide victory in legislative elections last March. That means passage of the bill is likely. Bukele said El Salvador partnered with digital finance company Strike to establish the logistics of the decision. "Over 70% of the active population of El Salvador doesn't have a bank account. They're not in the financial system," Strike CEO Jack Mallers said. "They asked me to help write a plan and that they viewed bitcoin as a world-class currency and that we needed to put together

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