Bitcoin Law

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:legislation
gptkbp:article1 Bitcoin is unrestricted legal tender with liberating power, unlimited in any transaction.
gptkbp:article7 Every economic agent must accept Bitcoin as payment when offered by whoever acquires a good or service.
gptkbp:country gptkb:El_Salvador
gptkbp:currency gptkb:Chivo_Wallet
gptkbp:date 2021-06-08
gptkbp:dateEnacted 2021-09-07
gptkbp:excludes those lacking access to required technology
gptkbp:firstCountryToAdoptBitcoinAsLegalTender gptkb:El_Salvador
https://www.w3.org/2000/01/rdf-schema#label Bitcoin Law
gptkbp:internationalResponse concerns from IMF and World Bank
gptkbp:legalTender gptkb:Bitcoin
gptkb:United_States_dollar
gptkbp:numberOfArticles 16
gptkbp:officialName Ley Bitcoin
gptkbp:passedBy gptkb:Legislative_Assembly_of_El_Salvador
gptkbp:proposedBy gptkb:Nayib_Bukele
gptkbp:publicReaction controversial
gptkbp:purpose make Bitcoin legal tender in El Salvador
gptkbp:regulates gptkb:Banco_Central_de_Reserva_de_El_Salvador
Superintendencia del Sistema Financiero
gptkbp:bfsParent gptkb:El_Salvador_Bitcoin_initiatives
gptkbp:bfsLayer 7