El Salvador plans first 'Bitcoin City', backed by bitcoin bonds

CU Buffs vs. Washington live blog: Real-time updates from the college football game at Folsom Field – The Denver Post

Live updates, tweets, photos, analysis and more from the CU Buffs game against the Washington Huskies at Folsom Field in Boulder on Nov. 20, 2021.

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Nirmala Sitharaman clears 2 GIFT City proposals

The Finance Minister announced the formal clearance of ₹269.05 crore for supervisory technology fund for IT infrastructure and ₹200 crore for headquarter building

Union Finance Minister Nirmala Sitharaman announced the clearance of two proposals worth ₹469 crore of the International Financial Services Centres Authority (IFSCA) at GIFT City here during her one-day visit on Saturday.

Ms. Sitharaman announced the formal clearance of ₹269.05 crore for supervisory technology fund for IT infrastructure and ₹200 crore for headquarter building, the Ministry of Finance said.

She also underlined the Central government’s commitment to make GIFT City a world-class fintech hub as stated in the Union Budget 2021-22.

Atlanta airport evacuated: Terrified passengers flee after reports of ‘active shooter’

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Death of 77-year-old Denver man prompts homicide investigation.

The death of a 77-year-old man in Denver is being investigated as a homicide and police have recovered the victim’s vehicle, which had been missing.

On Thursday police found the body of William “Stu” Hoebel in his home in the 1100 block of Vine Street. Hoebel died of “injuries,” police said. His silver 2018 Nissan Rogue was “taken during the incident,” but investigators have since found the vehicle.

Anyone with information on the ongoing homicide investigation is asked to call Metro Denver Crime Stoppers at 720-913-7867 (STOP).

 

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Flights briefly halted after accidental gun discharge at Atlanta airport, no injuries reported

  • An accidental gun discharge at Hartsfield-Jackson Atlanta International Airport's security screening area on Saturday afternoon led to all departing flights being briefly halted.
  • A spokesman with the Atlanta Police Department told NBC News no injuries were reported.

An accidental gun discharge at Hartsfield-Jackson Atlanta International Airport's security screening area on Saturday afternoon led to all departing flights being briefly halted.

The airport said on Twitter there was not an active shooter or any ongoing danger to passengers or employees. A spokesman with the Atlanta Police Department told NBC News no injuries were reported.

"Officials have given an all-clear for #ATLAirport and normal operations are beginning," airport officials tweeted. Details about the incident have not been made available.

Various news outlets reported that witnesses said panic ensued in the airport's domestic terminal. NBC affiliate WXIA of Atlanta reported passengers got off planes to wait on the tarmac and around the terminals.

The incident occurred just as what's expected to be a busy holiday travel season gets underway. The Transportation Security Administration said it expects to screen about 20 million people between Nov. 19 and Nov. 28, almost back to 2019 levels. 

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Three homes damaged in Thornton neighborhood fire

THORNTON, Colo. (AP) — Two homes were destroyed and another was damaged in a Friday night fire in Thornton.

The Thornton Fire Department said the cause of the fire is not yet known. One of the homes was fully engulfed when fire crews arrived at the scene, and the fire spread to two neighboring homes, KUSA-TV reported. Two of the homes were destroyed in the blaze.

The Thornton Fire Department said a dog was injured in the fire but was expected to recover. There were no other injuries.

Crews from five other agencies also responded to the fire, the Thornton Fire Department said.

China downgrades its diplomatic ties with Lithuania over Taiwan issue

BEIJING (REUTERS) – China has downgraded its diplomatic relations with Lithuania, the country’s foreign ministry said on Sunday (Nov 21).

The ministry said in a statement that the country decided to take the move after Lithuania allowed Taiwan to set up a representative office in that country earlier this month.

China on Sunday expressed “strong dissatisfaction” over Lithuania’s move, according to the statement.

This is a developing story.

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El Salvador plans first 'Bitcoin City', backed by bitcoin bonds

Biden infrastructure bill crypto tax provisions ‘problematic’: Chamber of Digital Commerce president

Chamber of Digital Commerce founder and President Perianne Boring on Biden’s tax provisions for cryptocurrency in the infrastructure bill.

El Salvador plans to build the world's first "Bitcoin City" which will be funded initially by bitcoin bonds, President Nayib Bukele said on Saturday, doubling down on the Central American country's bet on the crypto currency.

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Speaking at an event to mark the close of a week to promote bitcoin in El Salvador, Bukele said the city planned in the east of the country would get its energy supply from a volcano and would not levy any taxes except for value added tax (VAT).

"We'll start funding in 2022, the bonds will be available in 2022," Bukele told a cheering crowd at the event.

MAN GETS 3-YEAR PRISON SENTENCE FOR BITCOIN MONEY LAUNDERING

Speaking alongside Bukele, Samson Mow, chief strategy officer of blockchain technology provider Blockstream, said El Salvador would initially issue a $1 billion bond backed by bitcoin to begin raising funds for the planned city.

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El Salvador in September became the first country in the world to adopt bitcoin as legal tender.

(Reporting by Nelson Renteria; Editing by Christopher Cushing)