To combat tax evasion, Colombia intends to introduce digital currency.
The Colombian government made plans to introduce a virtual currency public. This new currency would have several goals, including reducing tax evasion and improving the traceability of citizen transactions. Restrictions on cash payments and
August 17, 2022
According to BBVA, Colombians Constitute 20% of Users of New Generation Crypto-Powered Accounts.
Latam users are very interested in BBVA's crypto-powered solutions, according to a recent article published by the private bank with headquarters in Spain. According to the institution, nearly 20% of the users of their New Gen accounts, whi
August 09, 2022
The Colombian Financial Superintendence has unveiled a project to regulate cryptocurrency service providers.
A project from Colombia's Financial Superintendence aims to clarify how future interactions between banks and virtual asset service providers (VASPs) will be managed. Before accepting virtual asset service providers as clients, banks must f
July 20, 2022
Colombia will issue land registry certificates using the Ripple Ledger.
The Ripple Ledger will be used by the Colombian government's new system to store and authenticate property titles. The National Land Agency hopes to use the system, which was created by a third-party business called Peersyst Technology, to
July 04, 2022
Colombia Takes First Steps Towards Cryptocurrency Exchange Regulation
In its first meeting, Colombia's Congress approved a bill that regulates the behavior of cryptocurrency exchanges in the country, taking the first steps toward bringing clarity to this issue. Mauricio Toro, a Green Party representative and
June 09, 2022
Colombian Central Bank to Test R3 Distributed Ledger Software
Banco de la República Colombia, the South American nation's central bank, has made an agreement with software company R3 to test its distributed ledger technology, Corda, a press release announced today. With the news, Banco de la República
August 29, 2017