Honduras special zone officially recognizes Bitcoin as a unit of account

Próspera’s tax commissioner, Jorge Colindres, said the development would expand the financial and monetary freedom for individuals in the area.

Less than two years after adopting Bitcoin (BTC) as legal tender, Próspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account — meaning it can now be used to measure the market value of goods and services.

The development was sprearheaded by Jorge Colindres, the acting manager and tax commissioner of Próspera ZEDE (Zone for Employment and Economic Development) on Jan. 5.

In a Jan. 7 post on X (formerly Twitter), Colindres said the motive was to offer more financial freedom to individuals and businesses operating in the area.

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Source: https://cointelegraph.com/news/honduras-special-economic-zone-prospera-recognizes-bitcoin-unit-of-account