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BTC $64,033.04 -0.40%
ETH $1,662.09 -1.24%
BNB $606.78 -0.50%
XRP $1.12 -2.01%
SOL $67.42 -1.56%
TRX $0.3176 +0.14%
DOGE $0.0859 -2.93%
ADA $0.1669 -4.69%
BCH $201.24 -3.65%
LINK $7.83 -2.38%
HYPE $60.50 +1.06%
AAVE $65.54 -2.61%
SUI $0.7480 -3.10%
XLM $0.1817 -4.65%
ZEC $422.11 +1.45%

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El Salvador optimizes its immigration system, offering a 0% tax rate on temporary residents' Bitcoin earnings and overseas income

According to Bitcoin Magazine, El Salvador is continuously optimizing its immigration system to attract high-net-worth foreign talent and capital (including families). According to Decree No. 531, effective March 31, 2026, the residency requirement for temporary residents has been reduced from a mandatory stay of 9 months per year to a cumulative or continuous stay of only 90 days per year. This adjustment is primarily aimed at entrepreneurs, investors, and remote workers who need to frequently cross borders.El Salvador offers one of the most attractive tax systems in Latin America for individuals with foreign-source income. The country implements a territorial tax system, meaning that only income generated within El Salvador is subject to taxation. A significant income tax reform in 2024 further clarifies that both residents and non-residents can be exempt from income tax on their foreign-source income. This means freelancers, remote workers (such as content creators, developers, and entrepreneurs with foreign income) can enjoy a 0% income tax rate in El Salvador on their overseas income, with no limits on the amount.Additionally, under the country's laws, capital gains related to Bitcoin are not taxed, and the country does not impose wealth tax, inheritance tax, or gift tax. The real focus is whether the individual's country of origin recognizes this arrangement; because most countries typically do not easily relinquish their taxing rights over their tax residents and often conduct strict scrutiny and recovery on tax residency issues.

The Coinbase Advisory Council warns of quantum risks to Bitcoin, the community still lacks consensus, and preparations for quantum resistance migration should be initiated immediately

The advisory committee of cryptographic experts led by Coinbase has released a report stating that Bitcoin should immediately begin preparing for potential quantum computing attacks. However, the committee did not take a clear stance on whether to freeze the millions of Bitcoins that could potentially be stolen by quantum computing in the future.It is reported that the committee members include several leading experts, such as Ethereum Foundation researcher Justin Drake, who believe that the current focus of the debate is not on how to introduce quantum-resistant signature technology, but rather on how to handle the Bitcoins that have not been migrated for a long time. One viewpoint calls for setting a deadline, after which the existing ECDSA and Schnorr signature schemes for Bitcoin will cease to be supported, and un-migrated assets will be frozen to prevent future quantum attackers from acquiring large amounts of BTC and impacting the market. Another viewpoint argues that this amounts to asset confiscation, contradicting Bitcoin's core principles of "immutability and user complete control of assets," and could set a precedent for freezing assets in the future due to regulatory pressure.The Coinbase advisory committee pointed out that the aforementioned proposals are not mutually exclusive and can be combined, but it refused to take a position on the issue of "whether to freeze legacy BTC," believing that the final decision should be governed by the Bitcoin community. At the same time, it emphasized two points: first, the technical development of quantum-resistant signature migration should be initiated immediately and should not wait for the governance debate to conclude; second, it is necessary to clearly communicate risk information to users to avoid long-term uncertainty affecting the Bitcoin ecosystem.
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