Colombia to prevent tax evasion with national digital currency: Report

Summary by Ground News
Colombia has become the latest nation to signal that it is exploring the possibility of launching a national digital currency. Tax evasion is estimated to account for between 6% and 8% of Colombia's gross domestic product. New President Gustavo Petro has been a staunch supporter of cryptocurrencies like Bitcoin.
4 months ago

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Colombia to prevent tax evasion with national digital currency: Report

The government of Colombian President Gustavo Petro will create a digital currency to prevent illicit financial activity like tax evasion.

4 months ago
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Colombia Plans to Launch Digital Currency to Reduce Tax Evasion – Regulation Bitcoin News

The government of Colombia revealed it has plans to launch a digital currency to curb tax evasion and enhance payment traceability.

4 months ago
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Colombia to prevent tax evasion with national digital currency: Report

Amid Colombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted at some national

4 months ago
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Colombia Plans to Launch Digital Currency to Reduce Tax Evasion – Regulation Bitcoin News - DailyCrypto

The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of transactions made by citizens. The proposed measure would also be accompanied by restrictions on cash payments and transactions of over 10 million Colombian […]

4 months ago
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Colombia Plans to Launch Digital Currency to Reduce Tax Evasion – Regulation Bitcoin News

The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of transactions made by citizens. The proposed measure would also be accompanied by restrictions on cash payments and tran

4 months ago
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Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...Read More: Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + More...

4 months ago
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