Bitcoin El Salvador: First to Accept Bitcoin By AtoZcrypto Posted on June 15, 2021 1 min read 0 1 1,649 El Salvador will be the first to include Bitcoins as legal tender in the whole world. With 62 out of 84 votes, this is now a law in the country. The law asks companies to start accepting Bitcoins as a payment option. People can use it to pay government taxes. The exchange rate will depend on the market and will be exempted from capital gains tax. President Nayib Bikele is the forerunner of this campaign and said that this will have a positive impact on the country’s economy. It will help those who are residing abroad and sending money to the native land. This would improve the country’s financial inclusivity, and stability, especially after the long Civil War. The government stated that the US dollar will continue to be a legal tender, just like Bitcoin.
Stripe Have A Go On Fiat-Crypto Conversion Stripe, a payment firm, has started a project to initiate fiat-crypto conversion for merchants …
Binance Sets Aside Another $1B For Crypto Recovery Fund Binance has decided to create a fund for cryptocurrencies given the current market situation. …
Protect Your Crypto Account with 2FA Hacks in Crypto are becoming more prevalent and hackers have grossed over $3 billion …
Before FIFA World Cup, Sports Fan Tokens Are Rallying We have seen gloomy days in the cryptocurrency community after FTX’s lapse. But there …
