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Questions tagged [el-salvador]

collects questions regarding the adoption and use of bitcoin in El Salvador

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What are the implications of El Salvador's legal tender law to bitcoin's legal classification in other countries?

It is my understanding that foreign currencies have a specific legal framework in many jurisdictions, for example that an exchange from one currency into another is not subject to tax. At the same ...
Vojtěch Strnad's user avatar
2 votes
3 answers

How will Salvadorans make Bitcoin payments?

Bitcoin has been declared legal tender in El Salvador. This means that shops and businesses will have to accept Bitcoin payments. Ignoring the price swings, how will that work in practice? Given the ...
Corkey's user avatar
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