At the international Congress on information and communication technologies of the Colombian President Ivan Duque made an unexpected call to move to the country of cryptocurrency companies.

However, he promised to release innovative projects from taxes for a period of 5 years:

“We want Colombia became a major player in this sector, informed tax policy was an obstacle to entrepreneurs in a new class. That’s why I want us to be freed from income tax for five years, all companies that operate in this industry and create a minimum number of jobs in the country,” says Duque.

The President also plans to introduce a new position of “senior Advisor” who will monitor the area and communicate with companies for their adaptation in the country.

It is known that Duke is not a novice in this subject, within the framework of his election campaign he talked about introducing the blockchain for the “transparency” of the government.

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