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Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22
22.8.2022
The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions
The Central Bank of Colombia Is Studying the Creation of a Digital Currency
20.8.2022
The Central Bank of Colombia is studying the launch of a digital currency, according to statements made by its manager, Leonardo Villar. The organization is evaluating the launch of this instrument as a means of unifying the different digital wallets in the country, making them interoperable...
Colombia explora la creación de una CBDC para combatir la evasión fiscal
17.8.2022
Como parte de un programa de reforma impositiva, el gobierno del país sudamericano también planea imponer límites a las transacciones en efectivo
Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + More News
17.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App...
Colombia Explores Creating a CBDC to Combat Tax Evasion
17.8.2022
As part of a tax reform program, the government of the South American country also plans to impose limits on cash transactions
Colombia to prevent tax evasion with national digital currency: Report
17.8.2022
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said
BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022
17.8.2022
BNB Chain prepares to launch a Web3 development course for Latin American students as the region continues to be a hub for adoption and crypto-related activity
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion
17.8.2022
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of transactions made by citizens. The proposed measure would also be accompanied by restrictions on cash payments...
Colombians Make Up 20% of the Customers of New Gen Crypto-Powered Accounts According to BBVA
9.8.2022
BBVA, a private bank based in Spain, released an article that states Latam users are very interested in their crypto-powered solutions. The institution informed that close to 20% of the users of their New Gen accounts, which are available from Switzerland, are Colombians who are attracted by...
IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation
29.7.2022
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will...
Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers
20.7.2022
The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify...
Crypto Exchange Bitso Launches Remittance Service in Colombia
11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...
Colombia Issues Guide for Implementing Blockchain for Public Projects in the Country
8.7.2022
The Ministry of Information Technologies and Communications of Colombia, Mintic, has issued a guide that describes the steps to implement blockchain in projects directed at the state level. The document defines blockchain and its basic elements, and also describes the guidelines that some projects...
Exchange latinoamericano Bitso lanza servicio de remesas con criptomonedas en Colombia
7.7.2022
La compañía lanzó un producto similar en México el año pasado
Latin American Exchange Bitso Brings Crypto Remittance Service in Colombia
7.7.2022
The company launched a similar business in Mexico in 2021
Colombia to Use Ripple Ledger to Issue Land Registry Certificates
4.7.2022
The government of Colombia announced a new system that will allow it to use the Ripple Ledger to store and authenticate property titles. The system, which was developed by a third-party company called Peersyst Technology, aims to allow the National Land Agency to issue a record number of land...
Colombia's new president seems to be a fan of Bitcoin
21.6.2022
“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regards to mining crypto in Colombia
Colombian Financial Superintendence Prepares Norms for Crypto Transactions
17.6.2022
The Colombian Financial Superintendence, the securities and financial watchdog of the country, is working on a document to regulate the transactions and operations made using cryptocurrency assets in the country. The organization announced that it will present the document in the coming weeks...
Colombia Takes First Steps Toward Regulating Cryptocurrency Exchanges
9.6.2022
The Congress of Colombia has approved a bill that regulates the behavior of cryptocurrency exchanges in the country in its first discussion, taking the first steps to bring clarity to this issue. One of the creators of the bill, Mauricio Toro, a representative of the Green Party, stated that this...
Report: Latam Countries Are Among the Most Enthusiastic About the Metaverse
30.5.2022
A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their developed counterparts. The study, carried out by Ipsos for the World Economic Forum (WEF), also shows that Latam countries are among the most enthusiastic about...