🇭🇳 The president of El Salvador, Nayib Bukele, through the Ministry of Economy, presented to the Legislative Assembly a project with which he seeks to reform the Law on the Issuance of Digital Assets enacted last year and also modify the application of the Bitcoin Law. .
⚖️ The National Digital Assets Commission would be the entity in charge of applying the new Bitcoin Law. There is an annex with new obligations that exchanges must comply with, which, among other things, will have to be registered and implement anti-money laundering measures.
📄 The project establishes preventive regulations to reduce risks in the market and increases penalties for those who operate without authorization. In fact, it applies the freezing of funds and the seizure of assets, in case irregularities are detected.
👀 Bukele's new project comes a few days after the International Monetary Fund (IMF) highlighted progress in talks with the Government of El Salvador.
And what do you think about this?🤔
#bitcoin #elsalvador #bukele
le4ndr0
npub1wq…hmur3
2024-08-28 20:13:25
Author Public Key
npub1wqv2r8v57g79qxr27y30d4a5frzxe78us5alt7h7mv6xqk84q3csahmur3Published at
2024-08-28 20:13:25Event JSON
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"content": "🇭🇳 The president of El Salvador, Nayib Bukele, through the Ministry of Economy, presented to the Legislative Assembly a project with which he seeks to reform the Law on the Issuance of Digital Assets enacted last year and also modify the application of the Bitcoin Law. . \n \n⚖️ The National Digital Assets Commission would be the entity in charge of applying the new Bitcoin Law. There is an annex with new obligations that exchanges must comply with, which, among other things, will have to be registered and implement anti-money laundering measures. \n \n📄 The project establishes preventive regulations to reduce risks in the market and increases penalties for those who operate without authorization. In fact, it applies the freezing of funds and the seizure of assets, in case irregularities are detected. \n \n👀 Bukele's new project comes a few days after the International Monetary Fund (IMF) highlighted progress in talks with the Government of El Salvador.\n\nAnd what do you think about this?🤔\n\n#bitcoin #elsalvador #bukele\n\n",
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