Bitcoin Law in El Salvador

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:legislation
gptkbp:controversy public protests
IMF criticism
concerns about money laundering
volatility of Bitcoin
gptkbp:country gptkb:El_Salvador
gptkbp:date 2021-06-08
gptkbp:dateEnacted 2021-09-07
gptkbp:establishes gptkb:Chivo_Wallet
Bitcoin Trust
gptkbp:excludes technological limitations
gptkbp:firstCountryToAdoptBitcoinAsLegalTender gptkb:El_Salvador
https://www.w3.org/2000/01/rdf-schema#label Bitcoin Law in El Salvador
gptkbp:legalTender gptkb:Bitcoin
gptkb:US_Dollar
gptkbp:numberOfArticles 16
gptkbp:officialName Ley Bitcoin
gptkbp:passedBy gptkb:Legislative_Assembly_of_El_Salvador
gptkbp:proposedBy gptkb:Nayib_Bukele
gptkbp:purpose make Bitcoin legal tender
gptkbp:regulates exchange between Bitcoin and US Dollar
government support for Bitcoin adoption
obligations of financial institutions
tax payments in Bitcoin
use of Bitcoin for payments
gptkbp:relatedTo gptkb:IMF
gptkb:Nayib_Bukele
gptkb:US_Dollar
gptkb:Chivo_Wallet
Bitcoin Trust
gptkbp:requiresBusinessesToAccept gptkb:Bitcoin
gptkbp:bfsParent gptkb:Bitcoin_Beach
gptkbp:bfsLayer 8