Próspera ZEDE integrates Bitcoin for financial transactions By Investing.com


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ROATAN – Próspera ZEDE, a special economic zone on the Honduran island of Roatán, has adopted as a unit of account to reinforce financial freedom. The initiative, announced by Jorge Colindres, aims to provide residents and businesses in the area with greater monetary options. This measure allows transactions and tax obligations to be carried out using cryptocurrency.

On Sunday, Colindres reinforced Próspera’s dedication to monetary choice via social media, highlighting the area’s progressive stance on digital currencies. Despite the innovative step, the current e-governance system requires tax calculations in Bitcoin to be reported in traditional currencies, either US dollars or Honduran lempiras. Próspera is actively seeking solutions to facilitate full transaction and reporting functionality in Bitcoin.

Since its creation in May 2020, Próspera has become a hub for investment and employment opportunities. However, the Central Bank of Honduras maintains a cautious approach to cryptocurrency adoption at the national level, indicating a conservative stance amid growing global interest in digital assets.

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