No tax on bitcoin profits for foreign investors: El Salvador after recognising cryptocurrency1 min read . Updated: 11 Sep 2021, 06:21 PM IST
El Salvador introduced bitcoin as legal tender on Tuesday alongside the dollar, which has been the official currency for 20 years
El Salvador will exempt foreign investors from taxes on profits on bitcoin speculation in the country, a government adviser said Friday, after it became the first to recognize the cryptocurrency as legal tender.
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