The Miss Universe contestant from El Salvador this yr has stunned viewers by that includes bitcoin as a part of her nationwide costume. El Salvador has adopted the cryptocurrency as authorized tender and has handed a brand new regulatory framework for the issuance of its long-awaited bitcoin-backed Volcano bonds.
Bitcoin Showcased in Miss Universe 2023
The Miss Universe 2023 contestant from El Salvador, Alejandra Guajardo, stunned viewers Wednesday night time along with her selection of costume. Guajardo walked onto the stage within the 71st Miss Universe Nationwide Costume Present sporting a fancy dress representing “the evolution of the Salvadoran foreign money,” the Miss Universe El Salvador official Instagram account described, including that the outfit is designed by Francisco Guerrero.
Miss El Salvador’s nationwide costume options cacao beans, the colón, the U.S. greenback, and the Bitcoin image. Initially, cacao was used as foreign money in El Salvador. The colón grew to become the official foreign money of El Salvador from 1892 till it was changed by the U.S. greenback in January 2001. The costume’s predominant colours are gold, silver, and bronze.
Esta noche, Miss Universo El Salvador, Alejandra Guajardo, representa la historia de las monedas del país, desde el colón hasta el #Bitcoin, en su traje nacional. pic.twitter.com/q5tVbytJXl
— Noticiero El Salvador 🇸🇻 (@NoticieroSLV) January 12, 2023
Now bitcoin is authorized tender in El Salvador alongside the U.S. greenback. El Salvador grew to become the primary nation to make the world’s largest cryptocurrency authorized tender in September 2021. Since then, the nation, led by the pro-bitcoin president Nayib Bukele, has purchased hundreds of BTC for its treasury. In November final yr, Bukele introduced that his nation will buy bitcoin every day.
On Wednesday, the Salvadoran legislative meeting handed the digital asset issuance legislation that was proposed final November. It features a new regulatory framework for the issuance of bitcoin-backed Volcano bonds. “This new digital asset regulatory framework paves the way in which for its a lot anticipated Volcano token issuance,” in response to Bitfinex, which will likely be a expertise supplier for the nation’s Volcano token.
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