El Salvador President Nayib Bukele speaks during a news conference in San Salvador, El Salvador, June 6, 2021. REUTERS/Jose CabezasEl Salvadors President Nayib Bukele said on Saturday that he will send a bill to Congress next week to make bitcoin legal tender in the country.”In the short-term this will assist and produce tasks provide financial inclusion to thousands outside the formal economy,” Bukele said in a video revealed at the Bitcoin 2021 conference in Miami.Strike, a mobile payments app that released in El Salvador in March, stated in a declaration that it invited the legislation and was dealing with the nation to use bitcoin innovation a success. “This is the shot heard round the world for bitcoin,” Strike founder and CEO Jack Mallers was estimated as saying at the Miami conference.”Adopting a natively digital currency as legal tender offers El Salvador the most protected, efficient and internationally incorporated open payments network on the planet,” Mallers said.Our Standards: The Thomson Reuters Trust Principles.