The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
El Salvador Axes Income Tax for Investments From Abroad
The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas.
El Salvador’s Bukele Says Value of Country’s Bitcoin Holdings Up Over 40%
The country’s bonds have also surged to over 80 cents on the dollar.
El Salvador’s Bitcoin Investment ‘In the Black,’ Says President Bukele
“We have no intention of selling,” Bukele added.
El Salvador Remains in the Red on Bitcoin Holdings, But Losses Are Narrowing
It’s been a bit more than two years since the country made bitcoin legal tender there.
The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador
In his third weekly dispatch from El Salvador, Jonathan Martin meets two Bitcoin entrepreneurs working to improve financial inclusion.
El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations
The bill will strip technology innovations such as software programming, coding, apps and Artificial Intelligence development from tax obligations on income, property, capital gains and import tariffs, Bukele said in the tweet.
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets.
Turkish and Salvadoran presidents meet, Bitcoiners left disappointed
The Turkish president welcomed Nayib Bukele to Ankara for an official state visit. Anyone expecting a Bitcoin talk left disappointed.
President Bukele fires back at critics on ‘Bitcoin experiment’
The adoption of Bitcoin is changing El Salvador’s economic landscape, according to the Salvadoran president.
El Salvador introduces fuel subsidy of $0.20 per gallon to locals who pay in BTC
El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per gallon to consumers who pay using BTC.
El Salvador acts on Bitcoin price dip and buys 150 BTC
El Salvador didn’t miss the chance to buy the dip as the Bitcoin price fell back to $45,000 after a bullish week.
70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent.
El Salvador to airdrop $30 in Bitcoin to every adult citizen
Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC.