Bipartisan Senate Proposal Raises Alarm Over El Salvador’s Bitcoin Adoption

Bipartisan Senate Proposal Raises Alarm Over El Salvador’s Bitcoin Adoption

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Senators Jim Risch, Bob Menendez and Bill Cassidy’s Accountability for Cryptocurrency in El Salvador (ACES) Act would require a State Department report on mitigating risks to the U.S. financial system from El Salvador’s adoption of bitcoin as legal tender.

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