@User001 1 November 2022

Costa Rica wants ‘crypto’ taxes removed as it eyes transformation into digital asset hub. Costa Rican lawmakers are making moves to transform the country into a digital currency paradise. The key piece of the puzzle is eliminating all taxes on digital assets including BTC. The plan to remove taxes was contained in a bill presented to Congress by Johana Obando. Titled the Cryptoassets Market Law (MECA), Obando notes that the piece of incoming legislation will “give protection to individual virtual private property, to the self-custody of crypto-assets and decentralization.” -Wahid Pessarlay