Tag: cryptocurrency legal tender

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Crypto-Friendly Special Economic Zone in Honduras Adopts Bitcoin as Legal Tender

April 9, 2022

A crypto-friendly special economic zone in Honduras has adopted bitcoin as legal tender, allowing the cryptocurrency to be used to pay taxes and fees. In addition, bitcoin bonds can be issued within its jurisdiction using “world-class standards for AML and KYC.” Bitcoin Operates as Legal Tender in Próspera Próspera, a special economic zone located on…
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Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries

March 15, 2022

The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down on his $100K bitcoin price prediction but does not currently see the cryptocurrency as a hedge against inflation. Bitcoin Will Be Legal Tender in Many…
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