Home / Crypto News / Colombia also wants to bring Bitcoin, Cryptocurrency and Blockchain companies into the country

Colombia also wants to bring Bitcoin, Cryptocurrency and Blockchain companies into the country

Colombia also wants to bring Bitcoin, Cryptocurrency and Blockchain companies into the country

Several countries have already opened for cryptocurrencies. The best known of these is Malta, which has managed to win Binance for itself. Binance is the largest crypto exchange in the world in terms of trading volume.

Now Iván Duque, the president of Colombia, has joined the ranks of supporters. At an international congress for information and communication technology, Duque announced its support. He also invited all cryptocurrency companies into the country. He asserted that the new companies in the country would be exempt from income tax for five years.

In order to benefit from these benefits, companies would only have to be established under Colombian law. Moreover, they are obliged to create a certain number of jobs in the country.

Reddit user Debl wrote:

“That's very strange. I am Colombian and I know that the Colombian government is VERY corrupt and bought by the USA. We will see what comes out and if he really does what he says. He also promised things before he became president and then did the exact opposite (about raising taxes even though he said he would lower them). “

“Dirty-Dusty”, another Reddit user, commented:

“I intend to return my US citizenship over the next few years if I sell my business here. I already have Colombian and Honduran citizenship. If I did not have to pay taxes on my income there, Colombia would be my first choice. I'll stay there until I decide which country I want to settle in for good. “

That was answered by “Ollice420”:

“Until they are mad at you or need money – freeze your bank accounts and expropriate your money. I do not believe any Central or South American government. Did anyone here [watch the movie] see “Blow”? “

That may be too critical as Forbes put Colombia in 61st place in its list of the best countries for companies by the end of 2017. This was Colombia ahead of India and China. The economy of Colombia is also flourishing, while politics is implementing market economy principles.

Also, some time ago, private and public companies in the country had merged into a blockchain community. Together, they want to promote cryptocurrencies and blockchain technology. At the same time, it wants to help the government to make decisions about regulation.

The subject of cryptocurrencies and blockchain was also expressed by the Colombian Senator Navarro Wolff. During a Senate debate, he said that the technology could improve the lives of Colombians. You just have to introduce them into the economic, political and administrative sectors.

Colombia also wants to bring Bitcoin, Cryptocurrency and Blockchain companies into the country

Sources: APAC Newswire, Forbes, Portafolio (in Spanish), Pixabay

Author: Peter Joost – Source Post: https://www.kryptovergleich.org/auch-kolumbien-will-unternehmen-aus-den-bereichen-bitcoin-kryptowaehrung-und-blockchain-ins-land-holen/

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