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Florida’s Matt Gaetz introduces bill to allow payment of income tax by Bitcoin
The bill seeks to allow the payment of certain federal income taxes with Bitcoin and require the U.S. Secretary of the Treasury to enable and facilitate such payments.
The bill seeks to allow the payment of certain federal income taxes with Bitcoin and require the U.S. Secretary of the Treasury to enable and facilitate such payments.
Próspera ZEDE economic zone adopted BTC as legal tender in 2022 and now recognizes it as a unit of account, allowing its use for commercial and tax reasons.
A bill passed by the El Salvador parliament provides the framework for a BTC-backed bond, “The Volcano Bond,” which President Nayib Bukele hopes will enable the government to raise capital to pay down its sovereign debt.
So-called stablecoin Tether continues to spread its pervasive influence over a digital asset industry that is being increasingly embraced with wide arms and closed eyes across large parts of Latin America.
El Salvador accumulated losses of up to $24 million of taxpayers' monies tied to the failure of the BTC digital wallet Chivo, while the adoption of BTC in the country remains nonexistent.
El Salvador’s ‘millennial cool’ dictator is looking to pass new laws to make his country a safe haven for ‘crypto’ companies, including the folks behind the controversial Tether stablecoin.
Boracay is renowned for its beaches and resorts, but it’s now seeking to become a digital asset island—can it avoid El Salvador’s Bitcoin Beach mistakes?
Instead of filling the conference hall with those who want to get rich quick, the symposium assembled policymakers, academics, journalists, and engineers to sit along the ‘crypto’ skeptics.
BTC's Lightning Network was created in an attempt to solve complex issues in computer science, but questions arise over its significance as it faces woes that run counter to its purpose.
President Faustin-Archange Touadéra has taken on the Nayib Bukele attitude of pushing BTC at all costs and says the Sango hub will create monetary liberation as skeptics abound.
The CAR passed a law that allows citizens to make payments in BTC, but the central bank has revealed it was caught unaware even as IMF issued a warning.
The Ministry of Finance pushed the bill which parliament passed despite a spirited fight by opposition which says digital assets facilitate money laundering.