Bitcoin Adoption: El Salvador’s Biggest Bank Is Accepting Bitcoin

The mass adoption of Bitcoin and digital assets has been set as the main goal of the crypto space.

There have been a lot of moves made in this direction, and they continue, taking the mainstream adoption of digital assets on the right path.

As you probably know by now, the crypto market was suddenly crashed the other day, just following the news that El Salvador made Bitcoin a legal tender.

Bitcoin Magazine also noted that “The world is about to change forever as today is the last day on planet Earth where #bitcoin won’t be legal tender somewhere.”

Bitcoin has made it to the mass media for a long time, and Forbes noted what’s been happening in El Salvador as well.

Fast-food giant McDonald’s has started accepting BTC as a form of payment in El Salvador after the country became the first to adopt the crypto as legal tender.

Forbes posted a relevant quote:

El Salvador’s biggest bank accepts BTC

The Block Crypto online publication just revealed that clients of El Salvador’s largest bank, Bancoagrícola, will now be able to pay down their loans and credit card bills in bitcoin.

People can also now use BTC to purchase goods and services from merchants connected to the bank’s payment gateway.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.