Al Salvador is rushing in the new Bitcoin Law to comply with the International Monetary Fund deal: Report
The legislation is said to be a previous mandate that companies accept bitcoin for payments.
According to what was reported, the Al -Salvador Conference agreed to rapid legislation to amend its bitcoin laws to comply with an agreement with the International Monetary Fund to control its exposure.
The draft law was ratified by the Legislative Assembly in the country just minutes after President Nayb Bokil sent to the legislation, Reuters I mentioned On January 29
El Salvador concluded a $ 1.4 billion loan deal with the International Monetary Fund in December, as the agency requests a government agency to expand its participation in Bitcoin (BTC) and make BTC optional and volunteer for private sector traders.
Read more