Search results
Results From The WOW.Com Content Network
Bitcoin was made legal tender in the country through the Bitcoin Law, which was passed on 8 June 2021, [42] [43] and took effect on 7 September 2021. [ 44 ] [ 45 ] During the first month, the Salvadoran Foundation for Economic and Social Development reported that 12 percent of Salvadoran consumers have used the cryptocurrency, however, 93 ...
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 ...
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 ...
Unlike El Salvador’s move this week to adopt bitcoin as legal tender, Ukraine’s crypto law does not put bitcoin on an equal footing with the hryvnia, the country’s national currency.
In 2021, El Salvador became the first country to adopt Bitcoin as legal tender, mandating that businesses accept the leading cryptocurrency as a form of payment and rolling out a digital wallet ...
The following other wikis use this file: Usage on af.wikipedia.org Bitcoin in El Salvador; Usage on ar.wikipedia.org بيتكوين; قالب:الوضع القانوني للبيتكوين
Bukele implemented a plan to adopt Bitcoin as legal tender in the country, with the idea that citizens would use crypto, rather than fiat currency, as a form of payment.
The legal status of cryptocurrencies varies substantially from country to country and is still undefined or changing in many of them. At least one study has shown that broad generalizations about the use of bitcoin in illicit finance are significantly overstated and that blockchain analysis is an effective crime fighting and intelligence ...