Financial Crisis: U.S. Financial Regulators Oppose Strict Cryptocurrency Regulation

According to the Cointelegraph, the President of El Salvador, Nayves Bukele, said an almost "100%" way the bill would push fiat Bitcoin tonight. In a conversation on Twitter with 22,000 listeners at 5 a.m. UTC, he said the bill was currently under discussion, but he was hoping it would be tonight as his party holds 64 of the 84 votes. He said he would meet with the International Monetary Fund (IMF) on Thursday. The government can also advertise an official (but not mandatory) Bitcoin wallet. The government wants to include Bitcoin in its balance sheet, but this requires separate legislation. Those who invest 3 BTC in El Salvador will receive permanent residence. The trust fund was created to cover the risk that traders accept Bitcoin.