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Expert Analysis

El Salvador's Use Of Bitcoin Complicates US Commercial Law

By Joe Carlasare and Eric Fogel ( June 11, 2021, 3:53 PM EDT) -- On June 8, El Salvador passed a bill proposed by President Nayib Bukele recognizing Bitcoin as legal tender. El Salvador is the first sovereign nation to formally recognize Bitcoin as currency, alongside the U.S. dollar. The law will go into effect in the next few months....

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