Miss El Salvador Features Bitcoin in Miss Universe 2023
The Miss Universe contestant from El Salvador this year has surprised viewers by featuring bitcoin as part of her national costume. El Salvador has adopted the cryptocurrency as legal tender and has passed a 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, surprised viewers Wednesday night with her choice of costume. Guajardo walked onto the stage in the 71st Miss Universe National Costume Show wearing a costume representing “the evolution of the Salvadoran currency,” the Miss Universe El Salvador official Instagram account described, adding that the outfit is designed by Francisco Guerrero.
Miss El Salvador’s national costume features cacao beans, the colón, the U.S. dollar, and the Bitcoin symbol. Originally, cacao was used as currency in El Salvador. The colón became the official currency of El Salvador from 1892 until it was replaced by the U.S. dollar in January 2001. The costume’s predominant colors 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 legal tender in El Salvador alongside the U.S. dollar. El Salvador became the first country to make the world’s largest cryptocurrency legal tender in September 2021. Since then, the country, led by the pro-bitcoin president Nayib Bukele, has purchased thousands of BTC for its treasury. In November last year, Bukele announced that his country will buy bitcoin every day.
On Wednesday, the Salvadoran legislative assembly passed the digital asset issuance law that was proposed last November. It includes a new regulatory framework for the issuance of bitcoin-backed Volcano bonds. “This new digital asset regulatory framework paves the way for its much anticipated Volcano token issuance,” according to Bitfinex, which will be a technology provider for the nation’s Volcano token. Tags in this story Alejandra Guajardo, Alejandra Guajardo bitcoin, Alejandra Guajardo El Salvador, el salvador bitcoin, El Salvador btc, El Salvador digital asset law, Miss El Salvador, Miss Universe 2023, Nayib Bukele
What do you think about Miss El Salvador showcasing bitcoin in Miss Universe 2023? Let us know in the comments section below. Kevin Helms
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Man Pleads Guilty to Stealing Bitcoin "Seized" by US Government FEATURED | 4 days ago SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer "Possibility of Economic Loss" FEATURED | 4 days ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena Next articleBinance Now Authorized in 7 EU Countries — Sweden Becomes Latest Member State to Give Approval Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether