On 9 June 2021, the El Salvador government published in the official gazette legislation making the digital currency “bitcoin” legal tender within El Salvador. Among other things, bitcoin may be used to make tax payments.
The legislation will go into effect 90 days after its publication; however, since the official gazette was not made available to the public until 11 June 2021, the 90 days is calculated from 11 June 2021, and, thus, the legislation will be effective as from 9 September 2021.
Source Deloitte
