Tag: colombia

November 2, 2022

  First steps are being taken in Colombia to regulate cryptocurrency exchanges. The Colombian Congress has taken the first steps toward bringing clarity to this issue by passing a measure that governs the conduct of bitcoin exchanges in the nation during its first discussion. A member of the Green Party and one of the bill’s […]

September 25, 2022

To combat tax evasion, Colombia intends to introduce digital currency. The government of Colombia plans to launch a digital currency. One of the goals of this new currency is to prevent tax evasion and improve the traceability of citizen transactions. The proposed measure would limit cash transfers and transactions worth more than 10 million Colombian […]

August 17, 2022

Colombia’s economy grew faster than anticipated in the second quarter, and a representative from the tax and customs department of the nation hinted at some of the country’s ambitions for digital currencies. According to Luis Carlos Reyes, chairman of Colombia’s National Tax and Customs Commission, Gustavo Pedro’s administration wants to establish a digital currency to […]

June 17, 2022

Financial Superintendence in Colombia Develops Norms for Crypto Transactions The Financial Control Authority of Colombia, the country’s financial and securities watchdog, is drafting a document to regulate transactions and activities using digital currency assets in the country. The organization has announced that in the coming weeks it will publish a document outlining the rules for […]