These Senator’s ACES Act Allows The U.S. To Meddle In El Salvador’s Business
Everything surrounding the ACES act is almost comedic. U.S. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the “Accountability for Cryptocurrency in El Salvador” AKA the ‘‘ACES Act.’’ It’s bipartisan legislation that would allow the U.S. to produce a full report on El Salvador’s post-Bitcoin Law situation. Related Reading | Crypto Regulation: U.S. Senator […]
Related News
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law. El Salvador president Nayib Bukele reacted to the news that the recently proposed Accountability for Cryptocurrency in El Salvador Act (ACES) had passed the U.S. Senate Foreign Relations Committee and will now head to a full Senate vote. The 40-year old national leader responded emotionally on Twitter:Never in my wildest dreams would I have thought that the US Government would be afraid of what we are doing here. pic.twitter.com/QgJPa70mn0— Nayib Bukele (@nayibbukele) March 23, 2022 On....
Nasdaq listed engineering company ZK International (ZKIN) is proud to announce a partnership between xSigma collectibles–their blockchain-based subsidiary– and ACES, a top American baseball agency, to launch NFTs on behalf of their Athletes using MaximNFT. Formed in partnership between xSigma and Maxim magazine, MaximNFT is a marketplace for buying, selling, and creating new Non-Fungible Tokens (NFTs). Users can find the platform’s website at maximnft.com MaximNFT’s most recent deal will have ACES’s athletes represented on their platform through the power of NFTs. ACES is a Brooklyn-based....
Three U.S. Senators proposed a bill which would commission a lengthy report detailing the inner workings of El Salvador’s Bitcoin Law and a subsequent action plan to mitigate risk. A bipartisan group of senators introduced legislation in the U.S. Senate which seeks to mitigate perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency.The proposed Accountability for Cryptocurrency in El Salvador Act (ACES) aims to “mitigate potential risks to the U.S. financial system” such as money laundering and terrorism funding.The bill was introduced by Republican Senators Jim....
PRESS RELEASE. The propelling demand for NFTs doesn’t look like slowing anytime soon and India’s Antier Solutions is all prepared to ride the tide. As one of the earliest entrants into the business, the blockchain development company has marked an impressive feat in a short time. With a comprehensive portfolio of NFT development solutions, the company is backing start-ups and corporates to launch their tokens, wallets and exchanges all over the world. “Non-fungible tokens – popularly known as NFTs – have sparked a new wave of innovation. They represent a new....
With El Salvador’s Bitcoin Law poised to take effect, we speak with a prominent Salvadoran entrepreneur about his thoughts on the development.