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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.

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Bitcoin.com broke the news in on Wednesday, August 17, 2022.
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