local news outlet Semana this would be one of the proposals of the newly inaugurated president Gustavo Petro in order to curb tax evasion, estimated to be between 6% and 8% of the GDP of Colombia. On this note, Reyes stated that the purpose of this digital currency would be to enhance the traceability of these transactions so merchants cannot evade taxes using cash as a payment method.
during the Covid-19 pandemic, cash is currently one of the main methods of payment in Colombia. Statistics from the Central Bank of Colombia show that the circulation of bills has risen to its highest number in 17 months.
Also check out $LUCHOW for long term benefit.
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They’d better start using USDT. I mean digital currency is good but..stablecoins are better.
It’s not so necessary. I mean they can use MXNT.
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Mmm yes would it happen to be Bitcoin? BTC
Why are theyy keepinng thiss a secret?
Thankss 🚀
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