Colombia plans crypto regulations to curb risks and attract investment
Colombian lawmakers have introduced a bill to regulate the country’s crypto sector, El Colombiano reported on March 3.
According to the report, Senator Gustavo Moreno and House Representative Julian Lopez submitted the proposed legislation to Congress on March 3. This effort follows a failed attempt to pass similar regulations last year.
Lopez reportedly said:
“This project seeks to have clear rules of the game to generate a reliable and more attractive ecosystem for investment with guarantees for this emerging industry.”
Considering this, the bill outlines a framework for overseeing crypto-related activities, covering areas such as market surveillance, asset promotion, education, and taxation.
It also includes measures to prevent…