One plaintiff says El Salvador's president failed to consider the law's harmful effects.
“Tether is no longer a part of anything,” Jack Mallers said on the “What Bitcoin Did” podcast.
The Bukele administration should consider not enforcing, or eliminating, Article 7 of its new law. Let Bitcoin flourish on its own merits.
The financial institution cited environmental concerns.
Following El Salvador, opposition politician Gabriel Silva says he is seeking consensus to make cryptocurrency legal tender in Panama.
Tras lo ocurrido en El Salvador, el político opositor Gabriel Silva dice estar buscando consensos para promover que sean de curso legal y atraer empresas del sector.
Bitcoin holders elsewhere could suck up all the dollars in El Salvador "like a vacuum cleaner."
Capital can mean a source or flow. What type of world will flow from bitcoin?
The government requested a consultancy from the Central American Bank for Economic Integration (CABEI).
El Salvador's move to make bitcoin legal tender offers an opportunity to prove that cryptocurrency can power renewable energy development, says CoinDesk's chief content officer.
Latin American leaders have faced decades of repression by the United States. Bitcoin gives them a way to fight back.
At the same time, the BIS executive cast doubts on the cryptocurrency as a "means of payment."
Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."
President Nayib Bukele is moving on multiple fronts to make El Salvador an unlikely bitcoin mecca.
Una supermayoría de la legislatura de ese país votó a favor de la adopción del bitcoin como moneda de curso legal en la madrugada del miércoles.