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Guatemala Proposes Cryptocurrency Regulation Bill with Tax Exemptions
Guatemala Proposes Cryptocurrency Regulation Bill with Tax Exemptions
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Guatemala’s Congress is considering a draft bill that could position the country as a leader in cryptocurrency regulation. Introduced by Representative Shirley Rivera, the legislation offers tax exemptions for personal crypto transactions and establishes guidelines for voluntary use in payments.
The MOVE reflects a growing global trend of nations racing to define their stance on digital assets. While the bill doesn’t specify particular cryptocurrencies, its passage could create favorable conditions for widespread adoption across the Central American region.
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