Próspera, a special economic zone in Roatán, Honduras, has just officially recognized Bitcoin as a unit of account less than two years after adopting the crypto as legal tender.
As a result, the asset can now be used to measure the market value of goods and services.
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Jorge Colindres, acting manager and tax commissioner of the ZEDE (Employment and Economic Development Zone), has said the measure has been adopted in order to offer more financial freedom to individuals and companies operating in the zone.
According to him:
"At @ProsperaZEDE we believe in the right to financial freedom and monetary freedom. People should be free to conduct transactions, do their accounting and file taxes in the currency of their free choice."
BTC can now be used as a monetary unit to measure the market value of various goods and services in the Próspera zone.