Another Salvadoran congressman wants to block the bill to take Bitcoin

Another Salvadoran congressman wants to block the bill to accept Bitcoin - Coin News


Another Salvadoran congressman has established an effort to thwart President Nayib Bukele’s bitcoin (BTC) approval bill — and has awakened with an attorney as part of his campaign.

Another Salvadoran congressman wants to block the bill to take Bitcoin

As reported, two legislators from the opposition Farabundo Martí National Liberation Front (FMNL) celebration last week filed a proposal to amend President Nayib Bukele’s Bitcoin approval bill that was passed in the nation. after it received majority support. It has also been released in the Official Gazette of the executive, which means that without last-minute intervention, the bill will be enacted in about two months.

The FMNL MPs’ proposal will be considered by an internal committee. And now judges may also have a billing proposal to take into account.

According into the media ElSalvador.com and El Mundo, FMNL MP Jaime Guevara, representing the northern section of Morazán, combined forces with an attorney named Óscar Artero in a bid to block the bill. Applied in the not too distant future.

The duo claimed they represented a “group of citizens” disgruntled with the bill and presented their case before the Constitutional Court. They contended that the National Assembly’s vote on the bill proved to be a “wrong and wrong process, lacking in legitimacy.”

The MP made his position clear:

“I am bringing a lawsuit against Bitcoin law. It lacks legitimacy and basis, and fails to consider the meaning and harm that such a law would bring to this country. Bitcoin law will affect everyone’s finances. The government is trying to force us to deal with Bitcoin.”

However, attempting to alter the bill before it’s implemented doesn’t appear to be simple, even taking the issue to the court because Bukele’s political opponents argue that the President has filled the courtroom. with his supporters.

Even so, Guevara still wanted to do so to the end:

“We are going to take these gentlemen to court to see what answers they give people. It is important for the government to understand that the prevailing consensus is that the people do not agree with the law.”

Bid by MPs Anabel Belloso and Dina Argueta to amend El Slavador’s BTC invoice dự

As previously mentioned, two MPs from FMNL, belloso and Dina Argueta, have declared that they are looking to present a bill for personal members of Parliament that, if approved, would repeal parts of Bitcoin law.

Part of this controversy is law #7, which forces retailers to take BTC upon client request — effectively forcing companies to accept BTC, so long as they have access to a PC or telephone. clever.

But Belloso and Argueta told reporters that the proposed amendment would make sure that BTC “is not required to be used” — and even go further.

“The amendment stipulates that salaries, bonuses and pensions continue to be paid in dollars and not in this cryptocurrency and it is not recognized as legal tender,” he explained.

FMNL has just four seats in parliament, and its management of the executive, legislative and judicial branches has been changed to the standing of a small opposition party. The party, which dominates Salvadoran politics, endured a disastrous performance in the 2021 legislative elections, losing 19 seats. By contrast, support for Bukele and his Nuevas Ideas celebration was sky-high from the March polls, in which the party won more than 66 percent of the vote.

Despite the mainstream press in the country has continued to have a cynical view of the recent developments regarding BTC in El Salvador, with some evidence that a high number of the populace was confused by the suddenness of Bukele’s crypto conversion.

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