Brazil’s Senate has passed the country’s first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto
Category: Bitcoin Law
New bill aims to ‘mitigate risks’ to US from El Salvador’s Bitcoin LawNew bill aims to ‘mitigate risks’ to US from El Salvador’s Bitcoin Law
A bipartisan group of senators introduced legislation in the U.S. Senate which seeks to mitigate perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency. The proposed
El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpersEl Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers.
El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P GlobalEl Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.
El Salvador’s bonds suffer as Bitcoin Law takes effectEl Salvador’s bonds suffer as Bitcoin Law takes effect
Bond investors appear to be betting against El Salvador’s controversial Bitcoin Law, but other factors need to be taken into account.
El Salvador says merchants must process BTC transactions — or they may face actionEl Salvador says merchants must process BTC transactions — or they may face action
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions.
70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent.
Legislative Assembly of El Salvador approves $150M Bitcoin TrustLegislative Assembly of El Salvador approves $150M Bitcoin Trust
El Salvador’s government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed “Chivo” wallet.
Draft El Salvador Bitcoin banking regulations releasedDraft El Salvador Bitcoin banking regulations released
El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin.
Group of Salvadorans Take to the Streets to Protest El Salvador’s New Bitcoin LawGroup of Salvadorans Take to the Streets to Protest El Salvador’s New Bitcoin Law
While some Salvadorans situated near Playa El Zonte beach like the new bitcoin tender law implemented by Nayib Bukele’s regime, a number of other citizens dislike the law. This week,