El Salvador in Central America became the first country in the world to recognize Bitcoin as a digital currency. Within 90 days of its enactment, digital currency exchange will become legal.
The dollar, the current currency, will remain. Cryptocurrency, a digital currency, is an imaginary currency created using the encryption technology of computer technology. Bitcoin is the most popular cryptocurrency. The value of a bitcoin was $ 35,197 yesterday (Rs 25.67 lakh).
English Summary: El Salvador approves Bitcoin as legal tender