Costa Rican lawmakers are working to make the Central American country Bitcoin-friendly, with significantly lower crypto taxes. Costa Rican lawmaker Johana Obando presented a bill to Congress this week to regulate the Central American country’s cryptocurrency market. The goal is to pass legislation that recognises digital assets and allows those who want to buy, sell, spend, and store cryptocurrency to do so without interference from the Costa Rican government. The bill prohibits the government from taxing cryptocurrencies when they are used to purchase goods. It would also prohibit the government from taxing crypto in cold storage, and crypto produced by the mining industry would not be subject to profit taxation.