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Colombia

Colombia central bank eyes limited CBDC holdings to counter financial risks
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23 August, 2023

Colombia central bank eyes limited CBDC holdings to counter financial risks

The Banco de la Republica points out in its latest macroeconomic 'report the potential risks of CBDCs to user privacy,...
Colombia holds first-ever court hearing in the metaverse
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1 March, 2023

Colombia holds first-ever court hearing in the metaverse

The magistrate has lauded the metaverse and expressed eagerness to do court proceedings in the virtual world, although some have...
Colombia eyes central bank digital currency adoption to fight tax evasion
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20 August, 2022

Colombia eyes central bank digital currency adoption to fight tax evasion

Colombia is ramping up its fight against tax evasion with a plan to set up a digital bank currency. The...
Colombian regulator calls for public comments on digital assets regulations
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24 July, 2022

Colombian regulator calls for public comments on digital assets regulations

The proposal is open to the public for feedback until August 12, 2022, per the notice on the SFC's website....
Colombia taxman cracking down on digital currency tax evaders
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9 February, 2022

Colombia taxman cracking down on digital currency tax evaders

The tax agency, known as DIAN, acknowledged the rise in digital currency adoption and said it had initiated actions to...
Uruguay and Colombia move forward with digital currency regulation plans
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11 August, 2021

Uruguay and Colombia move forward with digital currency regulation plans

Lawmakers in Uruguay and Colombia have brought forward bills to regulate the digital currency market in their respective countries.
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