El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs

El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs

“Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto”

Source: Bitcoin News

US Authorities Investigate Binance for Insider Trading and Market Manipulation: Report

“Binance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue. Binance

After Targeting BlockFi, State Regulators Now Set Their Eyes On Celsius

“Earlier this year, crypto lending platform BlockFi started facing the heat from state regulators in New Jersey, Texas, and Alabama. Other states have joined the fold since then, as well. Celsius this week is now facing similar cease and desist demands from all three of the same states that BlockFi