Wednesday, February 8, 2023
  • Login
BlaQue Crypto News
CRYPTO MARKETCAP
No Result
View All Result
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
BlaQue Crypto News
No Result
View All Result

US Senate to vote on a invoice about El Salvador’s Bitcoin Regulation

by BlaQue Crypto
April 7, 2022
in Regulations
Reading Time: 2 mins read
A A
0
Home Regulations
Share on FacebookShare on Twitter


El Salvador president Nayib Bukele on Wednesday expressed disappointment on the US authorities for what he termed as concern of the nation’s work round its Bitcoin Regulation.

Bukele’s feedback got here after information that the US Senate was set to vote on a invoice bearing on El Salvador’s Bitcoin adoption.

The invoice dubbed “Accountability for Cryptocurrency in El Salvador (ACES) Act,” handed the committee stage and would go to a vote earlier than the US Senate.

‘ACES’ was launched in February and is being fronted as a buffer in opposition to any would-be dangers related to El Salvador’s adoption of BTC as authorized tender.

“By no means in my wildest goals would I’ve thought that the US Authorities could be afraid of what we’re doing right here,” Bukele said in a remark.

Per the laws,  US lawmakers are ‘fearful’ El Salvador’s Bitcoin Regulation may pose dangers to the US monetary system. Promoters of the invoice are reportedly pushing it as a part of a regulatory framework to assist mitigate the potential dangers, together with felony organisations and even the empowerment of China.

If voted into regulation, the State and Treasury Departments will probably be anticipated to look into methods to forestall such from taking place.

By no means in my wildest goals would I’ve thought that the US Authorities could be afraid of what we’re doing right here. pic.twitter.com/QgJPa70mn0

— Nayib Bukele (@nayibbukele) March 23, 2022

The US Senate’s vote is one more mark on the more and more increasing circle of these to specific concern or look to oppose El Salvador’s adoption of Bitcoin as a authorized tender. The IMF and World Financial institution have beforehand spoken about it, with the IMF earlier this 12 months asking El Salvador to “drop” its Bitcoin Regulation.

However regardless of all these, the nation continues to march ahead with the ‘experiment’, together with the launch of a $1 billion Bitcoin bond.





Source link

Tags: billBitcoinBitcoin NewsBlaQueBlaQue CryptoCrypto NewsLatest Crypto NewslawSalvadorsSenatevote
Previous Post

Small Cap Altcoins Proceed To March Forward Of Bitcoin And Ether Beneficial properties

Next Post

Fed Chair Powell Says Crypto Requires New Guidelines, Citing ‘Threats’ To US Monetary System

Related Posts

Regulations

Indonesia will launch its nationwide crypto bourse by June

February 3, 2023
Regulations

UK Treasury publishes session paper for upcoming crypto regulation

February 5, 2023
Regulations

Web service suppliers in Nepal requested to dam crypto-related web sites

January 12, 2023
Regulations

US Banking Committee chairman suggests banning cryptocurrencies

December 21, 2022
Regulations

Tel Aviv court docket permits Israel to grab crypto in over 150 blacklisted wallets

December 23, 2022
Regulations

Banks should get approval earlier than providing crypto, says NYDFS

December 17, 2022
Next Post

Fed Chair Powell Says Crypto Requires New Guidelines, Citing 'Threats' To US Monetary System

Bitcoin Virtually Hits $44,000 With Terra $125 Million BTC Buy Tempo Up

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Hackers steal over $4.7M from Uniswap V3 LPs by way of phishing assault

July 14, 2022

Underrated cryptocurrencies you may get on June 22: TITAN, WAVES and XCN

June 23, 2022

OpenSea Mails Prospects, Warns Of Potential Phishing Emails Due To Knowledge Leak

June 30, 2022

Meta May Launch Quest 3 in 2023, Analyst Says

January 23, 2023

Moralis Tasks – Construct an In-Sport Unity NFT Store » Moralis » The Final Web3 Growth Platform

May 14, 2022

Your January E-newsletter for All Issues BitPay and Crypto

January 27, 2023

OneCoin disaster supervisor Frank Schneider to face trial within the US

December 9, 2022

Exodus provides WalletConnect help for Ethereum, Polygon, and BSC : ethereum

July 29, 2022

Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Greenback – Economics Bitcoin Information

February 8, 2023

The Curious Case Of The $4M Webaverse Hack

February 8, 2023

Unpacking India’s CBDC Pilots as Nation Prepares for Digital Rupee

February 8, 2023

Nokia makes use of the Metaverse to attach distant breweries, practice plane techs

February 8, 2023

Financial institution of America Is Making ready for Potential US Debt Default, Says CEO Brian Moynihan – Economics Bitcoin Information

February 8, 2023

Bitcoin Miner Stronghold Broadcasts Settlement Adjustments with WhiteHawk Finance, Foundry

February 8, 2023

First Nations artist Archie Moore to symbolize Australia at 2024 Venice Biennale

February 8, 2023

The Graph (GRT) Value Prediction: GRT Breaks Its resistance, Is $0.25 A Risk?

February 8, 2023
Facebook Twitter LinkedIn Instagram Pinterest Tumblr TikTok Youtube RSS
BlaQue Crypto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at BlaQue Crypto News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • Decentralized Finance
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 BlaQue Crypto News.
BlaQue Crypto News is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOINS
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • METAVERSE
  • WEB3
  • DEFI
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT

Copyright © 2022 BlaQue Crypto News.
BlaQue Crypto News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 23,189.00 0.84%
  • ethereumEthereum (ETH) $ 1,670.37 1.77%
  • tetherTether (USDT) $ 1.00 0.09%
  • bnbBNB (BNB) $ 330.65 0.03%
  • usd-coinUSD Coin (USDC) $ 0.999410 0.2%
  • xrpXRP (XRP) $ 0.400568 0.78%
  • binance-usdBinance USD (BUSD) $ 0.999906 0.23%
  • cardanoCardano (ADA) $ 0.397294 2.04%
  • dogecoinDogecoin (DOGE) $ 0.091684 0.14%
  • matic-networkPolygon (MATIC) $ 1.28 3.83%