Salvadoran agent launches lawsuit against Bitcoin tendering law for being unconstitutional – News Bitcoin News

Jaime Guevara, a Salvadoran agent, filed a lawsuit against the recently passed Bitcoin Tendering Act today. Guevara claims the law is unconstitutional and brings a number of changes that will cause problems for Salvadorans. Some people suspect that Bukele’s regime is behind the agent’s request because it cannot apply this novel law.

The Salvadoran representative Jaime Guevara presents a claim against the Bitcoin law

Jaime Guevara, a representative of the Salvadoran opposition, called for the recently passed Bitcoin Tendering Act to be considered unconstitutional. Óscar Artero, a co-signer of the lawsuit, agrees with this interpretation and expects the court to overturn the law. According to him, the Bitcoin law has no legal basis. Artero told local media that:

Bitcoin law is to pillage people’s pockets, it’s tax free, they want to force us to trade.

The representative brought this complaint before the regulation was presented, which results from the approval of the law. As a result, currently nobody knows the fine print of the implementation of the exchange systems.

According to a survey by Camarasal, eight out of ten citizens would not receive payments in Bitcoin. So, for most Salvadorans, the Bitcoin Tendering Act is a cause for concern these days. However, the Supreme Court is unlikely to overturn the law, as Nayib Bukele appointed these judges after dismissing the old ones last May. This has been viewed as a coup by some in the international community.

For Guevara, this will be a test of how independent these judges are from the government. The representative stated:

“We are going to put this chamber to the test to see what reaction it will give the public.”

An inside job

According to other experts, this could be an inside job to relieve Bukele of the responsibility for actually enforcing this law. That’s what Salvador Anaya, a Salvadoran lawyer thinks. Anaya said the government had no idea how to implement this law and they would use Guevara and the new judges to save face.

But Guevara denied these claims, stating that he had nothing to do with New Idea, the ruling party. He emphasized:

It is widely rumored that this servant represents the interests of Nayib Bukele or the majority bank of New Ideas. At no time do we categorically represent the interests of this industry, we only represent the people.

What do you think of the lawsuit against the Bitcoin law approved in El Salvador? Let us know in the comments section below.

Photo credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

source https://bidsfor.me/salvadoran-agent-launches-lawsuit-against-bitcoin-tendering-law-for-being-unconstitutional-news-bitcoin-news/