Arizona might be the latest place to make Bitcoin legal tender, if a new bill put forth by US Senator Wendy Rogers passes. The bill defines “legal tender” as “Any medium of exchange that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes, and dues.” It defines […]

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To mitigate austerity and resolve debt, Puerto Rico should follow in El Salvador’s footsteps and make bitcoin legal tender.

The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund and start charging fees for services provided by the government’s Chivo digital wallet. IMF’s […]

A senator from Arizona has introduced a bill that would allow the state to adopt bitcoin as legal tender. The bill, if passed, would require citizens and businesses in Arizona to accept bitcoin as payment alongside the U.S. dollar. However, the chances of this legislation succeeding are quite low because the United States Consitution currently […]

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Bitcoin may soon become a legally recognized currency in a state within the US. Wendy Rogers, an Arizona state senator, has proposed a bill to make Bitcoin legal tender within the state. The bill, if passed, will expand the state’s definition of legal tender to include Bitcoin. Rogers has previously stated her commitment to making

The post Just-In: Bitcoin May Soon Be A Legal Tender in Arizona appeared first on CoinGape.