My name is lucky ali and thanks for landing on my post so talking about Colombia, a country that is on the verge of a huge change in its economic situation because of the crypto, as lawmakers are pushing forward detailed crypto regulation in Colombia. on March 3, Colombian House of Representatives member Julian Lopez and Senator Gustavo Monero presented the proposal for the bill in Congress.
To balance financial security and innovation, reflecting the government’s desire to adapt to the emerging digital economy and this is the goal here. With this country already ahead of many countries in the aspect of crypto regulation, Colombia has decided to increase its footprint and improve its usage in the crypto segment.
If we check multiple reports, around five million Colombian citizens are trading in the crypto market. Nevertheless, this has also led to an increase in the number of scams and pyramid schemes in the cryptocurrency field. This dilemma is due to the unregulated cryptocurrency ecosystem in this country.
Legislative Efforts For Regulation Among Colombian Lawmakers
Colombia is a country that has been a major contributor to the global crypto market. If we check International research ranks then this country is among the top 15 countries in crypto asset trading, stating that it has an urgent need for a transparent regulatory mechanism and a huge domestic market.
The proposed crypto regulation bill lays down the framework for regulating all the crypto segment-related activities, consisting of 16 articles that cover overall crypto market surveillance, market promotion, taxation, etc. The bill proposed also covers the areas of anti-terrorism and anti-money laundering financing measures.
last year, After failing in their attempt to introduce the bill in Congress Julian Lopez and senators Gustavo Monero finally succeeded in 2025. Gostavo Monero shared that the country needs to establish a regulatory framework to govern firms and cryptocurrency exchanges.
Colombia's Crypto Market Is Making Strides
Colombia country’s proposed bill for cryptocurrency regulation reflects lawmakers’ far-sighted approach to keeping pace with the virtual currency economy. According to the 2024 report done by Chainalysis, in 2014, Colombia country was ranked among the top five Latin American countries for cryptocurrency transactions.
You know this country has also explored the benefits of a Central Bank Digital Currency as the country’s central bank has partnered with XRP which is also called Ripple to test CBDC solutions to enhance its local payment system.
With the new digital currency bill proposal, the introduction of comprehensive crypto segment regulation will be a pivotal moment for the Country’s financial sector. That is what happening in the world in the crypto segment and the world is moving towards a crypto revolution. Still, If any country talks that crypto is a scam then stupidity, and the government of india is still talking like this so I call this government stupid. Please share this article on social media and do a comment below.
○_________________○___________________○
| 👇 | ||
|---|---|---|
 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
Posted Using INLEO
Today or tomorrow everyone has to go for it.
but what about our country 😅
Hey Lucky Ali, fantastic insights on Colombia's crypto strides! Your passion for the digital economy truly shines through. Kudos for shedding light on such a pivotal topic. Can't wait to see more of your engaging content! 🚀🌍💼
thanks buddy
~~~ embed:Colombia/comments/1j38aar/diputados_colombianos_presionan_por_regulación/ reddit metadata:fENvbG9tYmlhfGh0dHBzOi8vd3d3LnJlZGRpdC5jb20vci9Db2xvbWJpYS9jb21tZW50cy8xajM4YWFyL2RpcHV0YWRvc19jb2xvbWJpYW5vc19wcmVzaW9uYW5fcG9yX3JlZ3VsYWNpw7NuL3w= ~~~
The rewards earned on this comment will go directly to the people( @loading ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.
Discord Server.This post has been manually curated by @bhattg from Indiaunited community. Join us on our
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.