#Giveaway  on last slide

El Salvador Legislators Pass Law Allowing Bitcoin Bond Sales

Scribbled Arrow

TRENDING GLOBALLY

-: FOLLOW US :-  @theinsaneapp

The El Salvadorian Legislative Assembly approved a law regarding the issue of cryptocurrency, which will pave an avenue for Bitcoin bonds pushed by President Nayib's buckle.

-: FOLLOW US :-  @theinsaneapp

The new law creates a legal order that provides legal certainty for transfers that involve any digital asset that is used to make public offerings within El Salvador.

-: FOLLOW US :-  @theinsaneapp

The plan also establishes a new government agency that will manage the digital assets of El Salvador.

-: FOLLOW US :-  @theinsaneapp

Bitcoin bonds are in development from at least the beginning of 2022.

-: FOLLOW US :-  @theinsaneapp

Bitcoin is already legal in the country.

-: FOLLOW US :-  @theinsaneapp

The opposition claimed that the rules encourage the laundering of money and tax evasion.

-: FOLLOW US :-  @theinsaneapp

They also encourage more outstanding debt, according to El Salvador.

-: FOLLOW US :-  @theinsaneapp

Service providers of digital assets that operate in El Salvador would have to be registered and comply with various rules under the proposed law.

#GIVEAWAY BY INSANE

Do you know that we give away around $250 USd in cash prizes every week?

Let’s grow together!