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‘Developing Economies’ Tracking El Salvador’s Bitcoin Moves with Interest
Published on march 21, 2022
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El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits
Published on march 8, 2022
On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.
The reforms are likely to center on ways the state can issue bitcoin bonds – which Bukele and his government said they hope will fund the construction of the Bitcoin City project. The new city will be a tax-free haven for international bitcoiners….
Read More: El Salvador’s Bukele Says 52 Bitcoin Reforms Are ‘In the Oven’, Critics Hit Out at Lack of Adoption Benefits
El Salvador's President Bukele Silent on Ukraine War
Published on february 28, 2022
Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine.
ElSalvador.com, the online edition of the newspaper El Diario de Hoy – hostile to Bukele’s government on most matters – reported that there had been an “unexplained silence and indeterminacy” from Bukele….
Read More: El Salvador’s President Bukele Silent on Ukraine War
Argentinian Finance Minister ‘Wants More Crypto Taxes’
Published on february 21, 2022
Argentina’s government wants to reform the existing crypto tax laws – and ensure further compliance….
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US Senators Call for El Salvador Bitcoin Adoption Probe, Bukele Responds with ‘OK Boomer’ Barb
Published on february 17, 2022
Weeks after memeing the International Monetary Fund (IMF), El Salvador’s outspoken President Nayib Bukele has upped his Twitter game by responding “OK boomers” to a group of United States senators moving to block his bitcoin (BTC) adoption plans….
Read More: US Senators Call for El Salvador Bitcoin Adoption Probe, Bukele Responds with ‘OK Boomer’ Barb
Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches
Published on february 15, 2022
The link between Latin American football and crypto is continuing to deepen this year – with a flurry of activity surrounding some of the region’s biggest football teams, star players, and its most heavily backed crypto exchanges.
Early this month, Tigres Femenil – the women’s football club arm of the UAL Tigres club, winners of the 2020 CONCACAF Champions League – confirmed it had sold a player in a crypto transaction….
Read More: Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches
Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans
Published on february 14, 2022
The Colombian government wants citizens to declare their crypto holdings – but industry figures claim this will just force crypto advocates and their coins onto overseas platforms….
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Bitcoin City: The Bizarre History of Libertarian Attempts to Create Independent Cities
Published on february 13, 2022
Harry Hobbs, Senior Lecturer, the University of Technology Sydney. _____
Late last year, El Salvador’s president Nayib Bukele announced plans to build “Bitcoin City” – a tax-free territory in the country’s east.
The city will use bitcoin (BTC) and be powered by the nearby Conchuagua volcano. According to Bukele, there will be:…
Read More: Bitcoin City: The Bizarre History of Libertarian Attempts to Create Independent Cities
El Salvador Eyes Bitcoin Bond Issuance in March, Mulls BTC Loans for SMEs
Published on february 9, 2022
El Salvador could be set to unveil its much-talked-about bitcoin (BTC) bond offerings as early as next month – and could also unveil new bitcoin loan offerings for small and medium-sized enterprises (SMEs) and micro-industries.
The latest bonds development was unveiled by a key ally of President Nayib Bukele: Mónica Taher, the head of Technological and Economic International Affairs at the national Trade and Investments Secretariat.
Taher took to Twitter to announce:…
Read More: El Salvador Eyes Bitcoin Bond Issuance in March, Mulls BTC Loans for SMEs
Some Crypto Transactions Could Be Hit with 20% Tax in Venezuela as New Law Passes
Published on february 7, 2022
Certain crypto and foreign currency transactions in Venezuela will be taxed at up to 20% after the government and parliament signed off on a rule aimed at reducing inflationary pressure on the troubled fiat bolivar….
Read More: Some Crypto Transactions Could Be Hit with 20% Tax in Venezuela as New Law Passes