All posts tagged with legal tender
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-(Natural News) The Bank of Mexico plans to establish its own digital currency in circulation by 2024 to adopt the latest payments technology and incite financial formation in an economy that relies mostly on cash transactions. Mexico’s central bank under the administration of President Andres Manuel Lopez Obrador tweeted on Dec. 30 that it is important “to […]
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-(Natural News) The tiny Central American nation of El Salvador saw a rocky start on its first day of adopting the bitcoin cryptocurrency as legal tender. The country passed a law in June 2021 mandating its use as legal currency alongside the U.S. dollar. But the first day of the rollout on Sept. 7 hit […]
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-(Natural News) President Nayib Bukele of El Salvador has instructed a state-owned geothermal electric company to put up a plan to use geothermal energy from the country’s volcanoes for bitcoin mining. Bukele announced his move on Twitter at 1:35 a.m. Thursday, June 10, just hours after El Salvador became the first country to authorize bitcoin as a […]
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-(Natural News) The Bitcoin Law on Wednesday, June 9, garnered 62 of the possible 84 votes from El Salvador lawmakers, making the Central American country the first to adopt the volatile cryptocurrency as legal tender. Shortly after the vote, bitcoin jumped more than 13 percent to trade above $37,000 before settling lower at $36,435.96, according […]
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-(Natural News) A bill introduced in the Kansas House would recognize gold and silver specie as legal tender and repeal all taxes levied on it. The legislation would pave the way for Kansans to use gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money. […]
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-(Natural News) In 2017, four states had laws in place that expressly recognize gold and silver coins as legal tender: Colorado, Missouri, Oklahoma, and Utah. Since that time, nine more have joined them. Arizona, Wyoming, Texas, Kansas, Louisiana, Indiana, Tennessee, West Virginia, and South Carolina all now accept gold and silver as cash, their representatives […]
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