- Costa Rica authorities want to make a Bitcoin-friendly nation.
- Lawmaker Johana Obando will present a bill that may eliminate all taxes on kripto.
- CAR and El Salvador have already accepted Bitcoin as the nation’s legal tender.
Bitcoin May Roam Tax Free in Costa Rica
In November 2021, South American nation El Salvador accepted Bitcoin as its legal currency. Now Costa Rica has started to put efforts in a similar initiative. Johana Obando, a Central American lawmaker, will present a kripto bill to regulate the virtual asset sector in the nation. The regulator took to Twitter to announce the initiative.
Source: https://www.thecoinrepublic.com/2022/10/31/new-costa-rica-crypto-law-may-eliminate-almost-all-taxes-on-virtual-currencies/