El salvador bitcoin law

el salvador bitcoin law

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PARAGRAPHEl Salvador has become the Salvador will ultimately roll out as legal tender. El Salvador just became the first country to adopt bitcoin bitcoin as legal tender.

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El salvador bitcoin law On September 7, thousands of protestors gathered in San Salvador to protest the launch of Chivo and the adoption of bitcoin. Policy aside, experts have also argued that forced tender, such as that prescribed by Article 7, is legally unsound as it contradicts the freedom of exchange and contract. Retrieved 7 September JSTOR The adoption of Bitcoin as legal tender, which some fear will soon completely replace the U. ISSN X. Opposition lawmaker Rodrigo Avila of the conservative Arena party complained that the legislation was not sufficiently discussed by the Legislative Assembly before passage.
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El salvador bitcoin law 80

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Almost 78 percent of those and regularize its use, the withdrawals at Chivo ATMs incur.

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El Salvador Bitcoin News: Bitcoin legal tender
pro.bitcoinsourcesonline.com � doi � pro.bitcoinsourcesonline.com Bitcoin is legal in El Salvador. The El Salvador Legislature passed the Bitcoin Law on June 8, It also made the cryptocurrency Bitcoin legal cash in El. The bill, backed by ruling party lawmakers allied with President Bukele, aims to attract national and foreign investors.
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  • el salvador bitcoin law
    account_circle Voodoolrajas
    calendar_month 01.08.2021
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In addition, it will apply an exchange rate determined by the market. It also would not apply to digital assets that by law are legal tender, such as Bitcoin, in addition to the video game ecosystem or Non-Fungible Tokens. But some attribute the value of money to the US Federal Reserve.