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

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CoinDesk 10 June, 2021 - 02:33pm 28 views

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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