Economy

El Salvador: Opposition Protests Bitcoin Becoming Legal Tender

Thousands of people opposed to the populist government of El Salvador President Nayib Bukele staged demonstrations in the country’s capital city, San Salvador, on Sunday in which they denounced his recent legalization of Bitcoin as a national currency, the Associated Press (AP) reported Monday.

A Chivo Wallet Bitcoin ATM burns during a protest against President Nayib Bukele's policies on Independence Day in San Salvador, on September 15, 2021. - Thousands of Salvadorans demonstrated on Wednesday to demand that President Nayib Bukele respect the separation of powers and reject the introduction of bitcoin as legal …