El Salvador is now on its third day with bitcoin being legal tender in the country There have so far been numerous testimonies of how the law has worked so far With residents posting evidence of the ease of spending bitcoin in the country since the implementation Stores have also implemented bitcoin payments in the country With the likes of McDonalds and Starbucks now accepting bitcoin payments in El Salvador

Despite the disappointing verdict for the proposal of the Winklevoss TwinsBitcoincentric ETF crypto experts still hope that regulators will begin to change their outlook on this emerging industry

As crypto markets saw some recovery on Tuesday decentralized finance tokens and applications have once again started swelling in value Decentralized exchange dex trade volumes have increased a great deal as daily swap volumes stemming from Ethereumbased dex applications have doubled since Monday

El Salvador is now on its third day with bitcoin being legal tender in the country There have so far been numerous testimonies of how the law has worked so far With residents posting evidence of the ease of spending bitcoin in the country since the implementation Stores have also implemented bitcoin payments in the country With the likes of McDonalds and Starbucks now accepting bitcoin payments in El Salvador