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El Salvador becomes first country to adopt Bitcoin as an official currency

The Verge

As of today, Bitcoin is an official currency of El Salvador alongside the US dollar, after the Central American country became the first to adopt the cryptocurrency as legal tender. The law means citizens will be able to pay taxes in Bitcoin, and shops will be able to display prices in the digital currency.

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The International Monetary Fund tells El Salvador it shouldn’t use Bitcoin as legal tender

The Verge

El Salvador introduced Bitcoin as a legal tender alongside the US dollar in 2021. The International Monetary Fund’s executive board has recommended El Salvador no longer use Bitcoin as a legal tender , citing potential risks to financial stability and consumer protection. Illustration by Alex Castro / The Verge.

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Bitcoin will soon be an official currency in El Salvador

The Verge

El Salvador has passed a resolution to make Bitcoin a legal currency, which makes it the first country to do so ( via The Guardian ). According to the law, citizens will be able to use Bitcoin to do everything from paying taxes and paying off debts to buying goods and services. Illustration by Alex Castro / The Verge.

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Panama may soon follow El Salvador in making cryptocurrencies legal tender

TechSpot

In a series of tweets posted by Gabriel Silva, the Panamanian congressman shared a video of himself giving an overview of the "Crypto Law" he's backing, a PDF detailing the bill, and a more friendly presentation for those that might think the PDF is too long to read.

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Research Friday: Legal Structure Alternatives to Lead Social Change

ASU Lodestar Center

For-Profit with a Social Overlay: Under this classification we have the for-profit organizations that by law or by definition are expected to work for the common good. Different from for-profit structures, these organizations are required by law to have a social mission, which potentially can increase public support for their business.

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Dear Sophie: What can we do to help employees who are Ukrainian citizens?

TechCrunch

Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” Sophie Alcorn. Contributor. Share on Twitter. She connects people with the businesses and opportunities that expand their lives.

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Trump defies U.S. judge’s order, deports hundreds of immigrants to El Salvador

Fast Company Tech

The Trump administration has transferred hundreds of immigrants to El Salvador even as a federal judge issued an order temporarily barring the deportations under an 18th century wartime declaration targeting Venezuelan gang members, officials said Sunday. Flights were in the air at the time of the ruling. District Judge James E.