Mar 14: Hong Kong's CBDC & Tax Free El Salvador

Hong Kong embarks on a new phase of CBDC testing, advancing digital currency initiatives. El Salvador, following its pioneering Bitcoin adoption, now exempts foreign funds from income tax, enhancing its crypto-friendly stance. Developers have capitalized on Ethereum's reduced gas fees post-Dencun upgrade, uploading the entire script of "Bee Movie" to the blockchain as a playful testament to efficiency gains. Bitcoin's price discovery journey sparks debates on its potential peak amidst market optimism. The Dencun upgrade goes live on Ethereum, marking a significant step towards scalability and reduced transaction costs, poised to impact the blockchain ecosystem profoundly.

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https://substack.com/@dcndailycryptonews

News Links 👇

https://www.coindesk.com/policy/2024/03/14/hong-kong-starts-new-phase-of-cbdc-testing/

https://protos.com/el-salvador-ends-income-tax-on-foreign-funds-after-launching-bitcoin-passport/

https://www.coindesk.com/tech/2024/03/14/developers-upload-script-of-jerry-seinfelds-bee-movie-on-ethereum-as-gas-fees-plunge-after-dencun/

https://decrypt.co/221568/bitcoin-price-discovery-how-much-higher-will-it-go

https://www.ccn.com/news/dencun-upgrade-live-what-ethereum-hard-fork-means/

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