As the Venezuelan bolivar lost over 70% of its value in 2021 alone, the government is working to incentivize its use by planning a 20% tax on crypto and USD transactions.
“It is necessary to guarantee treatment at least equal to, or more favorable, to payments and transactions made in the national currency or in cryptocurrencies or crypto assets issued by the Bolivarian Republic of Venezuela versus payments made in foreign currency,” the bill.
“It is necessary to guarantee treatment at least equal to, or more favorable, to payments and transactions made in the national currency or in cryptocurrencies or crypto assets issued by the Bolivarian Republic of Venezuela versus payments made in foreign currency,” the billAustralia Latest News, Australia Headlines
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