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El Salvador leads world in adopting bitcoin as official currency

President Nayib Bukele, who has pushed for adopting the cryptocurrency, says it will help Salvadorans save about $400m the government calculates is spent annually on commissions for remittances, while giving access to financial services to the unbanked.

"Like all innovations, El Salvador's bitcoin process has a learning curve," he said on Twitter. "Not everything will be achieved in a day, or in a month."

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bitcoin, el salvador