tldr; The government of El Salvador has presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country. The bill also proposes the issuance of blockchain bonds, with a minimum investment of $100. The Central American nation’s goal is to raise $1 billion and stimulate the advancement of numerous crypto projects.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I’m thinking of heading down there this coming summer. Will be interested to see if anyone uses crypto on the streets, or of it’s just a bunch of government hype.
adoption and creates a framework for other countries to follow
Bullish on the savior!
This is gonna go either terribly bad or amazingly good
He needs to pull something off because he’ll be looking pretty stupid to everyone that isn’t involved in crypto
Crypto, the universal currency in the future. Bin the euro, bin the dollar, bin the pound…
Interesting.
I’m wondering what peoples opinions would be if the US wanted to create a legal framework for all crypto assets?
tldr; The government of El Salvador has presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country. The bill also proposes the issuance of blockchain bonds, with a minimum investment of $100. The Central American nation’s goal is to raise $1 billion and stimulate the advancement of numerous crypto projects.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Take notes US Congress
When crypto recovers, El Salvador is going to clean up
All crypto are crypto and bitcoin would fall under it. You can’t create regulation just for bitcoin alone.
So… we can then claim that moons are a legal currency in El Salvador, right?
Bullish for crypto!
Moving to El Savador
I want my volcano bonds ????
I’m thinking of heading down there this coming summer. Will be interested to see if anyone uses crypto on the streets, or of it’s just a bunch of government hype.
This dude is more ballsdeep into crypto than I ever will. Got respect the hustle.
Better to avoid fraud.
It looks like El Salvador is planning to develop its crypto policy.