Less than two years after adopting bitcoin as BTC legal tender, Prospera, a special economic zone in Roatan, Honduras, has officially recognized bitcoin as a unit of account — meaning it can now be used to measure the market value of goods and services.
This development means that BTC can be used as a monetary unit to measure the market value of various goods and services in the Prospera region. Colindres, however, said it could not implement a "final BTC tax payment system" at the moment, citing technical limitations of its e-governance system in addition to some external regulatory issues.

For now, the tax liabilities of bitcoin-electing companies will be determined with reference to BTC for internal accounting purposes but will be reported in US dollars Próspera ZEDE or Honduras lempira.

Once the issues are resolved, the companies will report the tax liability (and pay the corresponding amount) to Prospera ZE in BTC, Colindres noted.

Those interested in uniting BTC accounts must file a notice with the Prospera Tax Commission within 30 days of the relevant tax period

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Belgrade, the capital of Serbia, welcomes the inception of HUB21, a pioneering non-profit association dedicated to education, fostering research, and creating networking avenues within the global Bitcoin design and development ecosystem, according to a press release sent to Bitcoin Magazine. The association's launch aims to bridge the gap in understanding and participation in Bitcoin within Serbia's burgeoning IT landscape.

Belgrade, known for its cultural vibrancy and historical innovation, is poised to attract foreign professionals, investors, and creative minds to engage with HUB21. While Serbia boasts a wealth of IT talent and has attracted international corporations, the absence of Bitcoin projects is apparent. Recognizing the transformative power of Bitcoin, HUB21 aims to train more aspiring programmers, artists, designers, and entrepreneurs to capitalize on the evolving interest in Bitcoin. source

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