The Impact Of El Salvador Recognizing Bitcoin As “Legal Tender” On U.S. Law
By EsqSocial Corporation 08/06/21
Last Saturday, El Salvador’s President Nayib Bukele announced he was proposing bill that recognizes Bitcoin as “legal tender.” If enacted, El Salvador will become the first sovereign nation to formally recognize Bitcoin as its national currency, alongside the United States Dollar. Bukele's political party holds a supermajority in congress, giving this proposed bill a high probability of becoming law......
By: SmithAmundsen LLC