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Crypto Morning Briefing: Bitfinex Becomes First To Get Crypto License Officially In El Salvador

Riot Platforms and Marathon Digital Lead Crypto Stock Gains as Bitcoin Settles in Above $30K; Ethereum’s Shanghai Upgrade Will Permanently Alter ETH Economics; Former Deutsche Bank Investment Banker Indicted for Cryptocurrency Fraud
Crypto Morning Briefing: Bitfinex Becomes First To Get Crypto License Officially In El Salvador

Breaking: Bitfinex Becomes First To Get Crypto License Officially In El Salvador

The Bitfinex team announced on Tuesday that its crypto exchange unit became the world’s first international digital asset platform to receive approval to be licenced as a Digital Asset Service Provider under El Salvador’s ground-breaking new Digital Assets Issuance Law. The license will enable the issuance and trading of innovative real-world tokenized assets such as equities and bonds. The license had been obtained officially for the entity “Bitfinex Securities”, which is a fully-regulated digital asset exchange.

Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador

According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds.

Give Your Bitcoin to the Poor, Salvadoran Economist Urges Nayib Bukele

Professor Rafael Lemus of UCA El Salvador University has advised El Salvador’s President Nayib Bukele to allocate his “failed” investment in Bitcoin to help the country’s poor.

President Nayib Bukele Touts El Salvador as the 'New Land of the Free' in Vintage Americana Poster Featuring Bitcoin as Legal Tender

President Nayib Bukele is promoting El Salvador as the “new land of the free,” as part of an invitation for foreigners to move to the Latam country. Bukele tweeted a poster in vintage American style that included several advantages that the country brings its citizen, including the adoption of bitcoin as legal tender.

El Salvador President Proposes Bill to Eliminate Taxes on AI and Technology Innovation

The bill aims to eliminate all taxes on technology innovation, including income tax, property tax, capital gains tax, and import tariffs.
El Salvador President Proposes Bill to Eliminate Taxes on AI and Technology Innovation

El Salvador President Nayib Bukele to Introduce Bill Eliminating Taxes on Technology Innovations

Nayib Bukele on Thursday night said he will be proposing a bill to El Salvador's congress eliminating all taxes on both software and hardware technology innovations.

El Salvador’s Bitcoin President Receives 91% Approval Rating: La Pensa Grafia

El Salvador President Nayib Bukele received an approval rating of 91% from the local population, according to a survey conducted by La Prensa Grafica (LPG) — one of the leading daily newspapers in El Salvador.

El Salvador Launches Bitcoin, Lightning Network Dev Courses for University Students

The El Salvador government has announced the launch of new university courses in Bitcoin (BTC) and Lightning Network development.

Study Finds El Salvador Remains One of the Countries Most Interested in Bitcoin

A recent study that examined the interest of several countries in bitcoin and crypto ranked El Salvador as second for having the most interest in the issue. While the U.S. was still ranked first, El Salvador’s high rank comes amidst criticism President Nayib Bukele has drawn from Salvadorans for his push for bitcoin adoption.