El Salvador has given the green light to SpendTheBits (STB) to operate as a Bitcoin service provider in the country. STB, a cryptocurrency payment firm powered by the XRP Ledger, has secured official registration to offer its services in the nation. With this move, STB aims to help local businesses accept Bitcoin and other digital currencies as payment methods, thus promoting their adoption in the country. This decision aligns with El Salvador’s recent move to make Bitcoin legal tender, reflecting the growing trend of acceptance of digital currencies worldwide.
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