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As of today, Bitcoin is an official currency of ElSalvador 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.
ElSalvador introduced Bitcoin as a legal tender alongside the US dollar in 2021. The International Monetary Fund’s executive board has recommended ElSalvador no longer use Bitcoin as a legal tender , citing potential risks to financial stability and consumer protection. Illustration by Alex Castro / The Verge.
ElSalvador 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.
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.
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.
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.
The Trump administration has transferred hundreds of immigrants to ElSalvador 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.
The Supreme Court on Thursday said the Trump administration must work to bring back a Maryland man who was mistakenly deported to prison in ElSalvador , rejecting the administration’s emergency appeal. from deporting Abrego Garcia to ElSalvador in 2019, finding that he faced likely persecution by local gangs.
The firing of immigration judges when we need more judges to enforce our immigration laws by this administration is a perfect example of hypocrisy, said Matt Biggs, president of the International Federation of Professional and Technical Engineers, in an emailed statement to Beyond the Border.
Webby Award for Law : Knight First Amendment Institute Website by Tierra Innovation. Webby People’s Voice Award for Law : Urban Justice Center by Superunion. Webby Award for Best Individual Editorial Feature - Media Company : In ElSalvador, violence is driving girls to kill themselves by Univision News Digital.
Jared Kushner, former President Donald Trump’s son-in-law who acted as a senior advisor during Trump’s time in the White House, was apparently interested in the idea of whether the federal government should make a cryptocurrency in 2018. Kushner acted as a presidential advisor in the Trump administration.
Senators Jamie Raskin and Adam Schiff then joined forces a week later for a similar event, this one about Trumps alleged abuses of the law. Newsom has since sued Trump over his spate of tariffs, while Maryland Senator Chris Van Hollen traveled to ElSalvador last week to meet with a constituent who was wrongly deported to a terrorist prison.
That's a bad enough idea for the federal government as a whole as we saw when the US lost 3 million jobs over Trump's first term but an especially horrifying thought when applied to a law enforcement agency. For ICE, Amazon isn't just a model to aspire toward, but a valued partner.
The Supreme Court has allowed the Trump administration to use a 1798 wartime law, the Alien Enemies Act , to deport Venezuelan migrants it accuses of being gang members, ending the temporary halt on deportations ordered by a federal district judge. use a wartime law when it’s not at war? What is the Alien Enemies Act?
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