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El Salvador President Announces “Bitcoin City” Tax Haven

Bitcoin City El Salvador’s president Nayib Bukele has announced the country’s plans to build the world’s first fully Bitcoin bonds-backed “Bitcoin City.” Bukele made the announcement over the weekend as part of a cringe-inducing live show, featuring bright concert-style lighting — and projections of UFOs for some reason. The Bitcoin City will be income, property, […] дальше »

2021-11-23 01:23


El Salvador Announces Plan to Buy Half a Billion Worth of BTC to Fund the “Bitcoin City”

To make El Salvador the financial center of the world, President Nayib Bukele announced the tax-free city, which will be funded by $1 billion worth of Bitcoin-backed bonds. The post El Salvador Announces Plan to Buy Half a Billion Worth of BTC to Fund the “Bitcoin City” first appeared on BitcoinExchangeGuide. дальше »

2021-11-22 16:46


El Salvador to Build ‘Bitcoin City’ Powered by Geothermal Energy

A volcano-powered Bitcoin City will be partially funded by $1B in government-issued, dollar-denominated, bitcoin bonds via Blockstream’s Liquid Network, a sidechain of the Bitcoin Mainnet. The President of El Salvador, Nayib Bukele, remains bullish about crypto, announcing the construction of an income and property tax-free “Bitcoin City. дальше »

2021-11-22 14:50


Cardano: Here's Hoskinson's 3-rule solution for crypto-clarity in regulations

U.S lawmakers are divided after President Biden signed the controversial Infrastructure bill a day back. The legislation, one that contains crypto-tax provisions, will "stifle innovation" in the indusThe post Cardano: Here's Hoskinson's 3-rule solution for crypto-clarity in regulations appeared first on AMBCrypto. дальше »

2021-11-18 18:00


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DeFi strategist Matt West claims the infrastructure bill can be fixed

Matt West, a DeFi strategist, and a Democratic congressional candidate believes there is still time to amend the US infrastructure bill, which President Biden signed into law on November 15. The bill passed into law without amendments to the broad provisions that could introduce stricter reporting requirements on crypto network validators and software developers. дальше »

2021-11-18 01:43


US Senators Introduce Legislation to Limit ‘Broker’ Definition in Infrastructure Bill Signed by President Biden

On Monday, President Joe Biden signed the $1 trillion infrastructure bill that contains the controversial over-reaching cryptocurrency tax definition. The bill-signing ceremony was held on the White House South Lawn, where members of both parties came as a bipartisan show of support for the new legislation. дальше »

2021-11-17 19:31


Starbucks Card Is Now Reloadable with Cryptocurrencies, Coffee Giant Exploring Tokenizing Through Blockchain

The Seattle-based coffee giant Starbucks (SBUX) reported its fourth-quarter revenue of $8. 15 billion. During its earnings call, President and Chief Executive Officer Kevin Johnson said they are deepening its digital relationship and expanding the reach through payment partnerships with PayPal and Bakkt. дальше »

2021-10-29 16:22


FATF to Publish Detailed Cryptocurrency Guidelines Late Next Week

The Financial Action Task Force (FATF) will be publishing its revised guidance for cryptocurrency firms very soon, said President Marcus Pleyer. The outcomes of the October plenary meeting of the FATF were released this week, in which the agency shared that it has finalized its guidance and plans to publish the updated version on October […] The post FATF to Publish Detailed Cryptocurrency Guidelines Late Next Week first appeared on BitcoinExchangeGuide. дальше »

2021-10-23 20:58