More / Bitcoin Reddit - 3 years ago
In 2001 the USD became the currency of El Salvador. Last night, the adoption of Bitcoin as another legal tender passed. As per the document below, I believe this means any company operating in these countries will have to accept Bitcoin, by law...
More / Bitcoin Reddit - 3 years ago
In 2001 the USD became the currency of El Salvador. Last night, the adoption of Bitcoin as another legal tender passed. As per the document below, I believe this means any company operating in these countries will have to accept Bitcoin, by law...
More / Bitcoin Reddit - 3 years ago
In 2001 the USD became the currency of El Salvador. Last night, the adoption of Bitcoin as another legal tender passed. As per the document below, I believe this means any company operating in these countries will have to accept Bitcoin, by law...
More / Bitcoin Reddit - 3 years ago
In 2001 the USD became the currency of El Salvador. Last night, the adoption of Bitcoin as another legal tender passed. As per the document below, I believe this means any company operating in these countries will have to accept Bitcoin, by law...
Cryptocoins News / CoinJournal - 3 years ago
The Bitcoin Law mandates that all businesses must accept Bitcoin payments if they can do so.
Making Bitcoin legal tender has anchored El Salvador into the history books
El Salvador has approved a law adopting Bitcoin as legal tender, becoming the fir...
Cryptocoins News / NewsBTC - 3 years ago
Let’s not kid ourselves, a person like Steve Hanke has enormous incentives to defend the status quo. He’s benefited tremendously from it. It could be argued that his livelihood depends on Bitcoin failing. A project to make it legal tender...
Cryptocoins News / The Cointelegraph - 3 years ago
Bitcoin is now officially legal tender in a sovereign state for the first time, but can it exit its bearish price phase? Bitcoin (BTC) headed toward $35,000 on Wednesd...
by COINS NEWS - 3 years ago
The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transacti...
Cryptocoins News / The Cointelegraph - 3 years ago
President Nayib Bukele’s "Bitcoin Law" was passed by the Salvadoran Legislative Assembly. The bill introduced by the president of El Salvador to make Bitcoin (BTC) le...
More / Bitcoin Reddit - 3 years ago
https://preview.redd.it/5e6h5wx0t5471.jpg?width=1275&format=pjpg&auto=webp&s=851da235b897e30270890af4a2b5893b801185c4 https://preview.redd.it/gcghaq53t5471.jpg?width=1247&format=pjpg&auto=webp&s=7b60fa288d6636b8...
More / Bitcoin Reddit - 3 years ago
El Salvador president submits the bill to the Congress for making Bitcoin legal tender! Source: https://twitter.com/nayibbukele/status/14024425972353105 https://preview.redd.it/q31hdqp5g5471.jpg?width=1275&format=pjpg&auto=webp&s=8a...
More / Bitcoin Reddit - 3 years ago
In Slush Pool we have mined a message celebrating El Salvador's plan to make BTC a legal tender into the #Bitcoin blockchain for all of eternity. Block 686604 "Diario El Salvador 6/Jun/2021 Bitcoin tendra validez legal". Link to b...
Cryptocoins News / NewsBTC - 3 years ago
The adoption of the Bitcoin Standard by nation-states has begun. El Salvador will become the first country to declared BTC a legal tender. The announcement was made recently; the crypto space and its industry are still processing its impact.
Although...
by COINS NEWS - 3 years ago
According to Andrea Tosato, a lecturer and researcher on commercial law at the University of Nottingham, Bitcoin may be legally classed as money in the US if recognized as legal tender by El Salvador under UCC § 1-201. I am no expert on law, but this...
More / Bitcoin Reddit - 3 years ago
On its face, it’s obviously great for Bitcoin if El Salvador adopts it as its legal tender. There are, however, nuances in the internal revenue code that make this news much bigger than most realize. Most know that when trading foreign currencies gai...
