A bill submitted to the Costa Rican Legislative Assembly proposes to give legal certainty to cryptocurrency transactions and establish a regulation on the exercise of the activities that are developed from the asset that is guarded and transferred virtually.
According to TripleA, a consulting firm based in Singapore, 1.69% of Costa Ricans, equivalent to 88,127 people, own cryptocurrencies.
Currently, Costa Rica has no legal regulations governing activities involving or developed from crypto assets or through blockchain technology.
The closest thing to a regulation was a draft Resolution published for review, issued in 2021, by the Tax Administration.
The . . .
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