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El Salvador plans to make cryptocurrency legal tender.

El Salvador's president says he will make the Bitcoin cryptocurrency legal tender in the country.

If his plan is backed by congress, the Central American country would be first in the world to formally adopt the digital currency.

It would be used alongside the US dollar, El Salvador's official currency.

President Nayib Bukele says Bitcoin will make it easier for Salvadorans living abroad to send payments home.

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