On January 5, Próspera, a special economic zone on Honduras' Roatan Island, officially recognized Bitcoin as a unit of account. This landmark decision marks Próspera as the first jurisdiction globally to do so, enabling Bitcoin to be used for commercial, tax, and financial transactions within the zone. Entities interested in adopting Bitcoin for these purposes must submit a notification to the Commissioner of Revenue within thirty days. George Colindres, a representative of the zone, highlighted the right of people to conduct transactions, manage accounting, and report taxes in their chosen currency. This development follows the adoption of Bitcoin as legal tender in Próspera in 2022, underscoring its growing legitimacy and acceptance in the region.
Honduran City of Prospera Adopts #Bitcoin as Unit of Account ⬇️ #cryptonews https://t.co/c9WfXiSbUG
❗ BREAKING NEWS ❗️Spot #bitcoinETF applications are approved! - A historic win for the industry. A HUGE thank YOU to everyone in the #bitcoin community for your support and our members who helped advocate along the way! https://t.co/YvFliwRL45
#Honduran City of #Prospera Adopts #Bitcoin as Unit of Account https://t.co/9juk4TpX2a
Próspera Zone in Honduras Embraces Bitcoin as Unit of Account @GeorgeColindres asserts that people should have the right to conduct transactions, manage accounting, and report taxes in their chosen currency. https://t.co/KUaKeU3oPA
Próspera, a special economic zone in Honduras' Roatan Island, has officially adopted Bitcoin as a unit of account for valuing goods and services https://t.co/hbQ55ynpYB
After adopting Bitcoin as legal tender in 2022, Próspera, a special economic zone in Honduras, has now recognized Bitcoin as a unit of account. https://t.co/aRZGLwIAZI
The Honduran Special Economic Zone Próspera ZEDE officially recognized Bitcoin as a unit of account on January 5, according to Finbold. Entities interested in adopting Bitcoin as a unit of account must submit a notification to the Commissioner of Revenue within thirty days of the…
BREAKING: 🇭🇳 Honduras' special economic zone Prospera recognises #Bitcoin as a unit of account! This makes #Bitcoin acceptable for commercial, tax, and financial transactions. 🍹🏝️🍹 https://t.co/GZMBzoz4o8
BREAKING: Prospera, the special economic zone in 🇭🇳 Honduras, becomes the world’s first jurisdiction to recognize #Bitcoin as a unit of account 👀 This essentially validates Bitcoin’s legitimacy and its acceptance in commercial, tax, and financial dealings in the zone 🙌 https://t.co/AM9MhzdWNU
BREAKING: #Bitcoin has been approved as unit of account in the free private city jurisdiction of Próspera @ProsperaGlobal @Prosperahn This is a world first! 👇 https://t.co/dLjXn2uqui