El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations

El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations

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It is unclear yet if this measure will extend to bitcoin (BTC) applications, but El Salvador and its president are known for being bitcoin-friendly, in 2021 becoming the first nation to make the crypto legal tender. The country’s legislature earlier in 2023 passed a law paving the way for a bitcoin backed bond.

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