Legal Tender

(Bloomberg Finance LP)
Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender
The municipality wants businesses to accept crypto in everyday transactions.
(Bloomberg Finance LP)

Crypto Markets Beginning to Bounce Back
Crypto Markets Beginning to Bounce Back
Bitcoin and other major cryptocurrencies are trending higher Friday, but what’s behind the bounce? Peter Marber, Chief Investment Officer at Aperture Investors, discusses his...
Crypto Markets Beginning to Bounce Back

A Chivo ATM in San Salvador (Camilo Freedman/Getty Images)
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
Users of the state-run bitcoin wallet have complained about duplication of identity and the disappearance of funds.
A Chivo ATM in San Salvador (Camilo Freedman/Getty Images)

The Arizona legislature will consider a bill to make bitcoin legal tender in the state. (Carol M. Highsmith/Buyenlarge/Getty Images)
State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona
The U.S. Constitution doesn't allow individual states to create their own legal tender, however.
The Arizona legislature will consider a bill to make bitcoin legal tender in the state. (Carol M. Highsmith/Buyenlarge/Getty Images)

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Salvadoran Ambassador to US: Bitcoin Challenges Your Authority
Other countries will “follow our leadership” on bitcoin, Mayorga tells CoinDesk TV.
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Bitcoin should not be used as legal tender in El Salvador, IMF says
Bitcoin Should Not Be Legal Tender in El Salvador: IMF
The financial institution said the Central American country’s plans to acquire more bitcoin will require a “very careful analysis” of implications for its financial stability....
Bitcoin should not be used as legal tender in El Salvador, IMF says

ECB (Shutterstock)
ECB’s Panetta Says CBDCs ‘Likely’ to Be Legal Tender: Report
However, this status “should not be taken for granted.”
ECB (Shutterstock)

Salvadoran President Nayib Bukele. (YouTube, modified by CoinDesk)
El Salvador’s Bitcoin Law Is About Self-Determination
Today, bitcoin became legal tender in the Central American nation.
Salvadoran President Nayib Bukele. (YouTube, modified by CoinDesk)

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El Salvador Doesn't Need a Bitcoin Mandate
The Bukele administration should consider not enforcing, or eliminating, Article 7 of its new law. Let Bitcoin flourish on its own merits.
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