US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption

US House of Representatives to Consider Legislation on El Salvador’s Bitcoin Adoption

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U.S. representatives Norma J. Torres (D-Calif.) and Rick Crawford (R-Ark.) on Monday introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act, looking to mitigate risks to the U.S. financial system from El Salvador’s adoption of bitcoin (BTC) as legal tender.



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