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<ul class="news-points"> 
 <li>Prospera announced recognition of Bitcoin as a unit of account.</li> 
 <li>Residents of Prospera can use Bitcoin as a unit of account after fulfilling the requirements of a specified Binding Practice Note.</li> 
 <li>Prospera adopted Bitcoin as a legal tender in April 2022.</li> 
</ul> 
Prospera, a special economic zone in Roatan, Honduras, has recognized Bitcoin as a unit of account. The regional government announced the decision via a <a href="https://pzgps.hn/recent-publications/" target="_blank" rel="nofollow">press release</a> by Prospera ZEDE (Zone for Employment and Economic Development) on January 5, 2024. According to the announcement, residents of the zone can use Bitcoin as a unit of account after fulfilling the requirements of a specified Binding Practice Note. 
Following the development, Jorge Colindres, the acting manager and tax commissioner of Próspera ZEDE, <a href="https://twitter.com/GeorgeColindres/status/1744058243939233935" target="_blank" rel="nofollow">noted</a> that people should be free to carry out transactions, do their accounting, and report taxes in the currency of their free choice. In a post on X (formerly Twitter), the commissioner highlighted Prospera ZEDE’s belief in the right to financial and monetary freedom. 
Colindres further <a href="https://twitter.com/GeorgeColindres/status/1744136115756359917" target="_blank" rel="nofollow">noted</a> that the constitution empowers ZEDE autonomously to make such decisions. Hence, they have brought more than …
The post <a href="https://coinedition.com/bitcoin-becomes-an-official-unit-of-account-in-prospera-honduras/">Bitcoin Becomes an Official Unit of Account in Prospera, Honduras</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Becomes an Official Unit of Account in Prospera, Honduras

Coin Edition

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