The Central American country’s economy is projected to grow 4% this year, the IMF said. What to know: The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. The update notably did not include previous IMF suggestions that El Salvador would be putting on hold […]
YouTube has added PayPal’s dollar-pegged stablecoin as a payout option for U.S. content creators, marking one of PYUSD’s most high-profile use cases yet. What to know: YouTube enabled U.S. content creators to receive their earnings in PayPal’s (PYPL) stablecoin PYUSD, according to a report by Fortune, which cited PayPal’s head of crypto, […]
Canada’s tax agency says legal gaps limit its ability to track crypto-related income as it recovers $100 million through audits and pushes for tighter regulation. What to know: The Canadian Revenue Agency (CRA) revealed that 40% of taxpayers who use cryptoasset platforms are evading crypto taxes or are at high […]