El Salvador reportedly expects to finalize a $1.3 billion IMF loan agreement in the coming weeks, adjusting its legal treatment of Bitcoin and aligning fiscal policies to secure international financing. According to the Financial Times, an IMF mission is in San Salvador to negotiate terms that would likely remove the requirement for businesses to accept The post El Salvador required to remove mandatory Bitcoin acceptance to get $1.3 billion IMF loan – FT appeared first on CryptoSlate.

The Czech Republic approved an amendment granting exemptions for income from cryptoasset transfers. The move, passed on Dec. 6 and set to take effect on Jan. 1, 2025, introduces conditions under which individuals may exclude such income from personal taxation, echoing some established rules applied to securities. Under the new framework, individuals can claim an The post Long term Bitcoin HODLers in Czech Republic to pay zero capital gains tax from January appeared first on CryptoSlate.

For the first time, Bitcoin has surpassed the $100,000 mark, pushing its market capitalization to $2 trillion. This milestone follows a series of new all-time highs over the past few weeks, fueled by market momentum after the U.S. presidential election. The election of Donald Trump, who has promised pro-cryptocurrency policies, contributed to Bitcoin’s surge. Since The post Bitcoin hits historic $100,000 price level as 1,000 sats now equal $1 appeared first on CryptoSlate.

The Missouri Senate introduced SB 194 on Dec. 1, proposing to ban central bank digital currencies (CBDCs) as legal tender within the state. The bill seeks to prohibit public entities from accepting or using CBDCs and modifies the definition of “money” under the Uniform Commercial Code to exclude these digital currencies. Sponsored by Senator Brattin, The post Missouri Senate introduces bill to disqualify CBDCs as legal tender appeared first on CryptoSlate.

Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape. While the two previously underperforming coins have felt the pressure of The post Cardano and XRP outperform Bitcoin by over 200% as developers hard work pays off appeared first on CryptoSlate.