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Category : International
Published on: September 12 2021
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· El Salvador has become the first country in the world to accept bitcoin as legal tender.
· The government of El Salvador claimed that the move would give many citizens of the country access to bank services for the first time. Furthermore, trading in cryptocurrency will help the country save about $400 million in fees that are levied by banks and financial institutions on money sent home by expats.
Important facts
About El Salvador
v El Salvador, officially the Republic of El Salvador, is a country in Central America. It is bordered by Honduras to the northeast, Guatemala to the northwest, and the Pacific Ocean to the south.
v Capital: San Salvador
v President: Nayib Bukele
India approved a ₹7,000 crore scheme to promote domestic manufacturing of sintered rare earth permanent magnets and reduce import dependence.
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Read More....China launched “Just Mission 2025,” a large-scale military exercise around Taiwan, prompting the island to deploy its forces in response.
Read More....Two-time Olympic medallist P. V. Sindhu has been elected Chair of the BWF Athletes’ Commission for 2026–2029, representing players globally.
Read More....Rajasthan launched e-Swasthya Samvad, a digital platform to enhance transparency, coordination, and accountability in medical education.
Read More....Jayshree Ullal, CEO of Arista Networks, became the richest Indian-origin professional manager globally with a net worth of ₹50,170 crore in 2025.
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