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El Salvador to keep dollar as legal tender, make bitcoin optional -trade minister

06/07/2021 | 05:09pm EDT

SAN SALVADOR, June 7 (Reuters) - The U.S. dollar will continue to be legal tender in El Salvador with bitcoin transactions by choice only, the nation's top trade official said on Monday, after President Nayib Bukele faced criticism for aiming to adopt bitcoin as legal tender.

Trade and Investment Minister Miguel Kattan also said bitcoin operations would be linked to the dollar exchange rate in the Central American country. (Reporting by Nelson Renteria; Writing by Daina Beth Solomon; Editing by Leslie Adler)

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO 4.47% 35952.62 Real-time Quote.55.02%
BITCOIN - UNITED STATES DOLLAR 4.68% 42157.1 Real-time Quote.48.52%
BRITISH POUND / US DOLLAR (GBP/USD) 0.00% 1.3656 Delayed Quote.-0.09%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) 0.17% 0.7813 Delayed Quote.-0.53%
EURO / US DOLLAR (EUR/USD) 0.02% 1.17238 Delayed Quote.-4.00%
INDIAN RUPEE / US DOLLAR (INR/USD) -0.01% 0.013566 Delayed Quote.-0.82%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) 0.27% 0.70153 Delayed Quote.-2.29%
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