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In El Salvador, blockchain technology goes beyond cryptocurrencies

By Fátima Romero

The adoption of Bitcoin as a legal tender in El Salvador in September 2021 grabbed attention.

Still, its use is almost nil, as the University Institute of Public Opinion of the Central American University (Iudop) showed in a recent survey.

At the same time, its risks have been a cause for alert by different organizations inside and outside the country.

And two US senators, James Risch of Idaho and Bob Menendez of New Jersey introduced "a bill to require reports on the adoption of cryptocurrencies as legal tender in El Salvador" on May 11.

The legislation . . .

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