On June 8, 2021, the Legislative Assembly of El Salvador approved the Bitcoin Law, making the Central American country the first nation in the world to accept it as legal tender.
El Salvador’s BItcoin Law has a special character, that is, it prevails over other laws that may contradict it. In addition, it forces the acceptance of bitcoins as a form of payment and promises automatic convertibility by the State, through the Development Bank of El Salvador (Bandesal).
These were the main reasons for incorporating our company in Salvadoran territory.