Although thanks for bringing it to my attention because last I checked it was only one state adopting this garbage and not 20.
“The revisions to Article I are very clear now that Bitcoin will not be money, because even though the definition provides for electronic money … it says that an asset that is adopted by a government as its medium of exchange will not qualify as money … if the electronic asset, such as Bitcoin, existed before it was adopted by the government. So Bitcoin, of course, exists today; it existed before El Salvador adopted it as its currency … so it will never be money for UCC purposes. The same for other kinds of crypto currencies.” So there you have it. Officials clearly mean to pave the way for CBDC while explicitly barring all competition.
That is clickbait.
Crypto is being "banned" from being defined as legal tender.
This is a direct result of El Salvador and the implications of foreign currency.
Now they must specifically create this law otherwise it will be legal tender via foreign currency defaults.
RE: Payroll Disruption