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legal tender

A Chivo ATM in San Salvador (Camilo Freedman/Getty Images)
Business
El salvador
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
Users of the state-run bitcoin wallet have complained about duplication of identity and the disappearance of funds.
A Chivo ATM in San Salvador (Camilo Freedman/Getty Images)
By Andrés Engler
Feb 1, 2022 at 8:43 p.m. UTC
Feb 1, 2022
El SalvadorAlphaPointBitcoinLegal TenderDigital WalletsNayib Bukele
(Carol M. Highsmith/Buyenlarge/Getty Images)
Business
Regulators
State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona
The U.S. Constitution doesn't allow individual states to create their own legal tender, however.
(Carol M. Highsmith/Buyenlarge/Getty Images)
By Brandy Betz
Jan 28, 2022 at 9:30 p.m. UTC
Jan 28, 2022
RegulatorsBitcoinLegal TenderArizona
El Salvador’s Ambassador to the United States Milena Mayorga said other countries may follow its leadership on adopting bitcoin as legal tender, on CoinDesk TV's "First Mover." (CoinDesk TV)
Business
Bitcoin
Salvadoran Ambassador to US: Bitcoin Challenges Your Authority
Other countries will “follow our leadership” on bitcoin, Mayorga tells CoinDesk TV.
El Salvador’s Ambassador to the United States Milena Mayorga said other countries may follow its leadership on adopting bitcoin as legal tender, on CoinDesk TV's "First Mover." (CoinDesk TV)
By Helene Braun
Nov 24, 2021 at 7:23 p.m. UTC
Nov 24, 2021
BitcoinEl SalvadorLegal TenderCoinDesk TVUnited StatesDollar
(Archivo de CoinDesk)
Policy
El salvador
Según el FMI, bitcoin no debería ser de curso legal en El Salvador
La institución financiera dijo que los planes del país centroamericano de adquirir más bitcoin requerirán un “análisis muy cuidadoso” de las implicaciones para su estabilidad financiera.
(Archivo de CoinDesk)
By Andrés Engler
Nov 23, 2021 at 9:35 p.m. UTC
Nov 23, 2021
El SalvadorBitcoinNayib BukeleIMFInternational Monetary FundLegal Tender
(CoinDesk archives)
Policy
Imf
Bitcoin Should Not Be Legal Tender in El Salvador: IMF
The financial institution said the Central American country’s plans to acquire more bitcoin will require a “very careful analysis” of implications for its financial stability.
(CoinDesk archives)
By Andrés Engler
Nov 23, 2021 at 7:42 p.m. UTC
Nov 23, 2021
IMFInternational Monetary FundEl SalvadorBitcoinLegal TenderBitcoin BondsNayib Bukele
ECB (Shutterstock)
Policy
Cbdcs
ECB’s Panetta Says CBDCs ‘Likely’ to Be Legal Tender: Report
However, this status “should not be taken for granted.”
ECB (Shutterstock)
By Jamie Crawley
Nov 9, 2021 at 12:01 p.m. UTC
Nov 9, 2021
CBDCsECBLegal Tender
Salvadoran President Nayib Bukele. (YouTube, modified by CoinDesk)
Business
El salvador
El Salvador’s Bitcoin Law Is About Self-Determination
Today, bitcoin became legal tender in the Central American nation.
Salvadoran President Nayib Bukele. (YouTube, modified by CoinDesk)
By Daniel Kuhn
Sep 7, 2021 at 4:01 p.m. UTC
Sep 7, 2021
El SalvadorBitcoinNayib BukeleLegal TenderOpinion
wilson-edilberto-santana-suarez-yda2cDBZOGc-unsplash
Policy
Opinion
El Salvador Doesn't Need a Bitcoin Mandate
The Bukele administration should consider not enforcing, or eliminating, Article 7 of its new law. Let Bitcoin flourish on its own merits.
wilson-edilberto-santana-suarez-yda2cDBZOGc-unsplash
By Nic Carter
Jun 18, 2021 at 4:48 p.m. UTC
Jun 18, 2021
OpinionEl SalvadorLegal Tender
El Salvador President Nayib Bukele
Markets
Policy
It's Official: El Salvador's Legislature Votes to Adopt Bitcoin as Legal Tender
A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.
El Salvador President Nayib Bukele
By Nikhilesh De
Jun 9, 2021 at 6:13 a.m. UTC
Jun 9, 2021
PolicyCryptocurrencyBitcoinEl SalvadorLegal Tender