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Cryptocurrencies, central banks, and the Caribbean

Cryptocurrencies, central banks, and the Caribbean

In less than three months’ time, El Salvador intends becoming the first country in the world to make Bitcoin its official currency alongside the U.S. dollar. The country’s President Nayib Bukele, a populist and media savvy disruptor, says that his decision will generate employment, enable the financial inclusion of tens of thousands of the country’s citizens who operate outside the formal economy, and enable its large diaspora in the U.S.








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