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The decision did not see bitcoin as currency nor bond under the current Banking Act and Financial Instruments and Exchange Law, prohibiting banks and securities companies from dealing in bitcoins. The decision also acknowledges that there are no laws to unconditionally prohibit individuals or legal entities from receiving bitcoins in exchange ...
According to a survey done by the Central American University 100 days after the Bitcoin Law came into force: 34.8% of the population has no confidence in bitcoin, 35.3% has little confidence, 13.2% has some confidence, and 14.1% has a lot of confidence. 56.6% of respondents have downloaded the government bitcoin wallet; among them 62.9% has ...
Now, in some parts of the world without a solid financial infrastructure, crypto is starting to be used as an actual currency. In places like Venezuela and Nigeria, bitcoin and "stablecoins" — a ...
In January 2024, the first 11 US spot bitcoin ETFs began trading, offering direct exposure to bitcoin for the first time on American stock exchanges. [ 59 ] [ 60 ] In December 2024, bitcoin price reached $100,000 for the first time, as US president-elect Donald Trump promised to make the US the "crypto capital of the planet" and to stockpile ...
Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this f Donald Trump Speaks On Bitcoin Mining, Wants 'All The Remaining Bitcoin To Be ...
Six articles of the Bitcoin Law were modified and three others were repealed. Under the new rules, bitcoin is no longer considered "currency," though it remains "legal tender." Another change ...
The Bitcoin Law [6] (Spanish: Ley Bitcoin, pronounced [ˈlej biðˈkojn]) [7] was passed by the Legislative Assembly of El Salvador on 8 June 2021, giving the cryptocurrency bitcoin the status of legal tender within El Salvador after 7 September 2021. [8] It was proposed by President Nayib Bukele. The text of the law stated that "the purpose of ...
Donald Trump has been elected as the 47th President of the United States, defeating his Democratic opponent Kamala Harris. Trump’s victory propelled Bitcoin (CRYPTO: BTC) to a new all time high ...