Corporation tax: Profits or losses on currency exchange movements including virtual currencies are taxable. The profits and losses of a company that engages in cryptocurrency transactions would be recognized in the books and taxable under standard corporation tax regulations.
Under the new law, El Salvador will “promote necessary training and mechanisms so that the population can access [Bitcoin] transactions.”

It can be observed that in the short term (2–4 and 4–8 day period band) there is no consistency in results; in some cases the null hypothesis can be rejected and in some cases it cannot. In the medium term there is more consistency in rejection of the null hypothesis in favour of bubble regime coherence values significantly exceeding the non-bubble regime values. In the long term, the proportion of instances exhibiting statistical significance reduces, with the majority of cases in the 256–512 band not being a rejection of the null hypothesis. This reduction of statistically significant differences when considering longer term periods further emphasises the point that it is the medium term in which coherences tend to strengthen during bubble regimes.
That lack of widespread adoption, plus crypto’s volatility, limits its use as a currency, says Roger Aliaga-Díaz, principal and senior economist with Vanguard Investment Strategy Group.