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El Salvador ends income tax on foreign funds after launching ‘Bitcoin Passport’

El Salvador recently removed income tax on remittances and foreign investments, hoping to stimulate greater investment in the country.

Bitcoin utopia El Salvador isn’t homicide-free, despite claims

Homicide rates in El Salvador appear to be falling but there have been seven murders reported 2024, contradicting claims on social media.

Nayib Bukele used a third-party tool to claim that El Salvador’s bitcoin holdings were profitable, but the tool wasn’t particularly accurate.

Troubled crypto exchange Binance was green-lit in El Salvador, a country run by a dictator who’s all in on Bitcoin and Tether.

Despite claims that Bitcoin City was “coming along beautifully,” the Ministry of Public Works has seemingly denied all knowledge of it.