A rags to riches man was embroiled in an alleged Ponzi scheme, with investors accusing him of ripping them off worth billions of assets, which is suspected to have funded his extravagant lifestyle.
Colombia is ramping up its fight against tax evasion with a plan to set up a digital bank currency. The move also seeks to ease consumer transactions and improve payment traceability.
The central bank emphasized that citizens who transact with digital assets will bear responsibility for any risks they face from the high volatility of digital assets.
The regulation introduces guidelines for the mining, commercialization, intermediation, exchange, custody, and administration of digital assets or instruments that allow control over digital assets.
The bill has been in the works for three years and was unanimously approved by a Senate committee. It legally recognizes Bitcoin and regulates its use.
Lawmakers in Uruguay and Colombia have brought forward bills to regulate the digital currency market in their respective countries.
Michael Wehrmann caught up with Ramon Quesada and Jaime Sánchez, both highly involved in developing a BSV society in Spain and Latin America.
Africa has registered an all-time-high digital currency trading volume on P2P exchanges, according to a new report.
Rogelio Reyna said Binde is dedicated to improving productivity within legal tech on the Latin American continent through the use of blockchain, and specifically BSV.
CoinGeek’s Becky Liggero caught up with Boris Javier Barrera, the CEO of Bitek, a Colombian payments processor that’s bringing the benefits of cryptos to the people of South America.
In an interview with CoinGeek’s Becky Liggero, Ryan X. Charles explained how cryptos are changing the lives of millions in Latin America.