LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Nodes Showing Positive Growth, While U.S. Seeks El Salvador Accountability Over Bitcoin Legal Tender DecisionFebruary 25, 2022 at 09:05 AM EST
Three prominent United States Senate members have introduced a bill that stems from El Salvador’s adoption of Bitcoin as a legal tender. The Accountability for Cryptocurrency in El Salvador (“ACES”) Act would require a State Department report on El Salvador’s adoption of the cryptocurrency and a plan to mitigate the potential risks it imposes on the United States’ financial system. The Senators presenting this bill include Jim Risch (R-Idaho), Bob Menendez (D-New Jersey), and Bill Cassidy (R-Louisianna). “El Salvador recognizing Bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests. If the United States wishes to combat money laundering and preserve the role of the dollar as… NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ccw.fm/LQWDF About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge. To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 77948 (U.S. Mobile Phones Only) For more information, please visit https://www.CryptoCurrencyWire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer CryptoCurrencyWire (CCW) CryptoCurrencyWire is part of the InvestorBrandNetwork. More NewsView More
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