Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed Venezuela’s National Tax Harmonization Agreement on Sunday, placing the cryptocurrency petro as the unit […]
The post 305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro appeared first on Bitcoin News.

More Stories

CoinDesk: Friday September 25, 2020

Blockchain Bites: Crypto Tax Switcheroo, Stablecoin Confusion, the Post-Capitalist Plunge

Fintech giant Plaid has added support for two DeFi apps, the IRS wants to know about your crypto and stablecoins have passed the $20B milestone.

CoinDesk: Friday September 25, 2020

New Blockchain Program Aims to Counter Fake Viewer Data, Scam Ads

Targeted at combating scams advertised in video ads, it deploys a combination of Thetas blockchain, Googles BigQuery solution and Chainlinks oracles.

CoinDesk: Friday September 25, 2020

Bitcoin News Roundup for Sept. 25, 2020

With bitcoin's best day in two months and a surprisingly positive report out of Chinese state media, CoinDesks Markets Daily is back for your latest crypto news roundup!

CoinDesk: Friday September 25, 2020

ICO SoluTech to Cease and Desist Under Terms of SEC Settlement; Co-Founder Fined

SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.

Crowdfund Insider: Friday September 25, 2020

Digital Commodity Exchange Act: US House of Representatives Crafts Legislation to Provide Clarity for Fintech Innovators

Click HERE to find out Digital Commodity Exchange Act: US House of Representatives Crafts Legislation to Provide "Clarity for Fintech Innovators"...

CoinDesk: Friday September 25, 2020

On-Chain Data Suggests Ether Investors Bought September Dip

Ether's recent price drop has failed to deter investors from accumulating the cryptocurrency, on-chain data indicates.