El Salvador approves new bill to comply with IMF deal
The reform passed with 55 votes, with only two against El Salvador became the first country to accept Bitcoin as legal tender in 2021 In December, El Salvador announced it…
Tether to relocate operations to El Salvador
Tether announces its service relocation plans after acquiring a Digital Asset Service Provider (DASP) license. USDT issuer Tether joins Bitfinex Derivatives in moving operations to El Salvador. Tether is on…
El Salvador to ‘confine’ its Bitcoin activities in $1.4bn loan deal with the IMF
The IMF said “potential risks” of El Salvador’s Bitcoin project will be “diminished significantly” A Bitcoin podcaster questioned the true cost of the IMF’s monetary assistance to El Salvador El…
El Salvador to change Bitcoin plans to secure $1.3bn IMF loan
El Salvador would also receive $1 billion in lending from the World Bank and $1 billion from the Inter-American Development Bank Under the IMF agreement, El Salvador would change a…
Bitfinex Securities launches first tokenized US Treasury bill in El Salvador
Bitfinex Securities is teaming up with NexBridge to bring a tokenized US Treasury bill to El Salvador. USTBL leverages Bitcoin’s technology of Liquid Network and Blockstream AMP. Proceeds of the…
IMF recommends El Salvador to limit the public’s exposure to Bitcoin
The IMF wants El Salvador to limit “public sector exposure to Bitcoin” The financial agency’s remarks follow an August statement, which talked about “mitigat the risks from Bitcoin” The International…
El Salvador launches civil servants Bitcoin certification, collaborates with Argentina
El Salvador launches 160-hour Bitcoin certification for 80,000 civil servants. The program aims to enhance governance and build a Bitcoin-ready workforce. Argentina collaborates with El Salvador to learn from its…
Jack Dorsey-backed Bitcoin mining pool OCEAN opens global hub in El Salvador
OCEAN Mining has announced the establishment of a global hub in El Salvador. The Bitcoin mining pool is backed by Jack Dorsey. OCEAN Mining, a Bitcoin mining pool backed by…
Binance becomes first fully-licensed crypto exchange in El Salvador
Binance has secured approval as both a Bitcoin Services Provider and the first non-provisional Digital Assets Services Provider. The licenses allow the exchange to offer tailor-made crypto products and services…
Portugal falls down tax-friendly crypto ranks, with El Salvador remaining in first
Key Takeaways Portugal are introducing a 28% capital gains tax on cryptocurrency El Salvador remain the top tax destination for crypto investors Cayman Islands’ lax tax laws extend to crypto,…