In a digital environment that continues to transform, Colombia has taken significant steps towards the legalization and regulation of cryptocurrencies. Although there are still no specific regulations governing them, the country recognizes their impact on the digital economy and their potential in the financial sector.
🔍 According to legal experts, Colombia is moving towards a clearer regulatory framework, which would offer greater security for both investors and users. The Financial Superintendence's "Sandbox" pilot project has been a key step in exploring the safe integration of cryptocurrencies into the national economy.
Bill No. 267 of 2022, promoted by Senators Gustavo Moreno and Julián López, seeks to establish a clear regulatory framework for the use of cryptocurrencies and their exchange in Colombia. This framework is aimed at Virtual Asset Service Providers (PSAV), in order to guarantee consumer protection and ensure that exchange platforms operate under stricter regulation. Although it is still in the approval phase, this project represents an important step forward in creating a regulated and reliable environment around cryptocurrencies, among which the most traded are $BTC ,$ETH ,$BNB ETC.
This bill introduces key terms such as Cryptoassets, Cryptoasset Exchange Platforms (PIC) and the Single Registry of Cryptoasset Exchange Platforms (RUPIC), which will be responsible for regulating the platforms and their services.
What does this mean for users? 📊:
Greater transparency in operations.
Possible monitoring of cryptocurrency transactions and payments.
Safer environment to prevent illegal activities.
📢 If you're investing in crypto or considering doing so, stay on top of upcoming regulations. Legalization could be closer than you think!
Sources:
$https://repository.unilibre.edu.co/bitstream/handle/10901/24372/MD0451.pdf?sequence=1&isAllowed=y
https://telecomunicaciones.uexternado.edu.co/legalidad-de-las-criptomonedas-avance-significativo-en-la-economia-digital-de-colombia/
Law 267 of 2022
