bitcoin law


Policy

IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin

The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

Policy

El Salvador Watchdog to Investigate Government Bitcoin Purchases, ATMs

The Court of Accounts received a complaint on Sept. 10 from the regional human rights and transparency organization Cristosal.

San Salvador, El Salvador (Mauricio Cuéllar/Unsplash)

Policy

Anti-Bitcoin Demonstrations Rage in El Salvador During Nation’s Independence Day

Protesters set fire to a bitcoin ATM and marched through the streets of the capital San Salvador.

(Adam Wilson/Unsplash)

Markets

Bitcoin Use Will Be 'Totally Optional' in El Salvador, Finance Minister Says

According to Alejandro Zelaya, businesses will not be penalized if they do not accept bitcoin.

El Salvador President Nayib Bukele

Markets

Moody’s Lowers El Salvador Rating, Maintains Negative Outlook Partly Due to Bitcoin Law

The rating agency said that the law and other policy decisions had “weakened governance” and increased tensions with other countries.

El Salvador President Nayib Bukele

Markets

Paraguay Proposed Bitcoin Law Includes Crypto Registration: Report

The bill reportedly seeks to regulate ownership and registration of crypto as well as crypto mining operations.

Bandera de Paraguay. (Alex Steffler/Wikimedia Commons)

Markets

El Salvador Could Face 'Limitation' on Bitcoin's Use as Medium of Exchange: JPMorgan

The bank points to bitcoin's illiquid nature, volatility and U.S. dollar conversion risk as major limitations for its use as legal tender.

JPMorgan

Markets

Survey Suggests Most Salvadorans Wary of Bitcoin as Legal Tender

The poll, which took the results from 1,233 people between July 1 and July 4, also showed 46% knew "nothing" about bitcoin.

Salvadoran President Nayib Bukele

Markets

US Diplomat Voices Hope for Resolution in IMF, El Salvador Financing Tensions: Report

Victoria Nuland, U.S. undersecretary for political affairs, met with President Nayib Bukele on Wednesday.

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Markets

El Salvador's Bitcoin Law Effective September, E-Wallets to Get $30 Worth of Crypto

President Nayib Bukele made the announcement during a national address on Thursday.

El Salvador President Nayib Bukele

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