El Salvador's Bitcoin Bill Raises 'Issues': IMF Spokesperson - CoinDesk

CoinDesk 2 weeks ago

Is Bitcoin legal in El Salvador?

El Salvador passed a new law on Wednesday that would make the small Central American country the world's first to deem bitcoin legal tender, a move that analysts say risks putting its economy at the mercy of the digital currency's sharp swings. ... “Bitcoiners around the world, the time has come. The Wall Street JournalEl Salvador Becomes First Country to Approve Bitcoin as Legal Tender

Is Bitcoin legal tender?

Under the law, bitcoin must be accepted by firms when offered as payment for goods and services. Tax contributions can also be paid in the cryptocurrency. Its use as legal tender will begin in 90 days, with the bitcoin-dollar exchange rate set by the market. NBC NewsEl Salvador makes bitcoin legal tender in world first

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Meanwhile, so-called meme stocks — companies like AMC Entertainment that have seen a surge in interest from individual investors prompted by social media — have continued their wild ride. AMC recently took the unusual step of admitting in regulatory filings that its stock could be overvalued. CNBCAs Clover Health joins the 'meme stock' trend, here’s what investors need to watch out for

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