Colombia launches digital currency to reduce tax evasion
Blog iconNatureDao
Aug 18
The Colombian government has revealed that it plans to launch a digital currency that, among other things, aims to curb tax evasion and enhance the traceability of citizens' transactions. The now proposed measures would also limit cash payments and transactions over 10 million Colombian pesos ($2,400). Colombia to launch its own digital currency Many countries are now looking to digitize parts of their economies to better understand and control the flow of money in their economies. The C...

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