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US lawmakers goal perceived dangers of crypto adoption in El Salvador with reintroduced invoice

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US lawmakers goal perceived dangers of crypto adoption in El Salvador with reintroduced invoice

Two U.S. senators from reverse sides of the political aisle have reintroduced 2022 laws geared toward mitigating the perceived dangers posed by El Salvador’s adoption of as authorized tender.

Congress paperwork present Idaho Sen. James Risch and New Jersey Sen. Bob Menendez launched “a invoice requiring reporting on the adoption of cryptocurrency as authorized tender in El Salvador” on Could 11. The laws gave the impression to be a second try on the legal responsibility regulation for cryptocurrency in El Salvador. , that Risch launched in February 2022only a few months after the Salvadorian bitcoin regulation got here into pressure.

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