Bitcoin Law of El Salvador

The purpose of this law is to regulate bitcoin as legal tender, unrestricted with liberating power, unlimited in any transaction and to any title that public or private natural or legal persons require to carry out.

El Salvador Facts and Laws

Legal system: based on Spanish law, with traces of common law; constitution adopted 1962; military coup on 15 October 1979; judicial review of legislative acts in the Supreme Court; legal education at University of El Salvador; accepts compulsory ICJ jurisdiction, with reservations