Binance Secures Licenses for Crypto Services in El Salvador
Binance has announced that it has received authorization to offer services to people living in El Salvador.
Tag el salvador
BTC Payment App Strike to Expand to Over 65 Countries, Relocates Headquarters to El Salvador
Strike also plans to introduce additional features by the end of the year, including a debit card.Â
El Salvador’s President Plans to Scrap Taxes on Tech InnovationsÂ
El Salvador's President Nayib Bukele announced that he would submit a proposal to the legislature that would abolish all taxes on new hardware and software developments.
El Salvador to establish a “Bitcoin Embassy” in Texas
El Salvador is establishing a second Bitcoin Embassy in Texas after establishing its first one in Lugano, Switzerland.
El Salvador Passes A New Law, Issues Bitcoin-backed Bonds
The country has passed legislation allowing a legal framework for a Bitcoin-backed bond — termed the "Volcano Bond."
El Salvador creates National Bitcoin Office
A specialised administrative division for overseeing all cryptocurrency-related projects will be the National Bitcoin Office.
El Salvador and Lugano Sign an Agreement to promote Bitcoin Adoption
Key Takeaways: An adoption-based economic pact has been signed between El Salvador and Lugano, a crypto-friendly city. Increasing collaboration between El Salvador and Lugano in research and development is one of the partnership’s anticipated objectives. A memorandum of understanding (MOU)…
A new Costa Rican bill would exempt bitcoin transactions from taxes
Key Takeaways: A Costa Rican lawmaker has proposed legislation to regulate Bitcoin use. Banks would be able to offer cryptocurrency services owing to the new proposal.. Johana Obando, a congresswoman from Costa Rica, put forth the “Cryptoassets Market Law (MECA)”…
Salvadoran President Nayib Bukele Fires Back At Bitcoin Detractors
Key Takeaways: El Salvador’s current President chastised BTC naysayers. El Salvador’s inventive actions, he claims, threaten the world’s most powerful people and elites The first nation to officially recognize Bitcoin as legal money is El Salvador. This implies that BTC…
El Salvador Issues Bitcoin Backed Stablesats
Key Takeaways: Galoy, the open-source banking system used by the Bitcoin Beach Wallet in El Salvador, has started to release its Stablesats. With Stablesats, people can use Lightning for routine payments and stay protected from short-term volatility. The company believes…
