Colombia logs $29.1B in crypto activity as Colombia Fintech proposes six regulatory measures
- —Crypto activity reached $29.1 billion for the year, up 13.8% versus 9.8% regionally
- —Stablecoins made up about 48% of purchases on local exchanges
- —Colombia ranks fifth in Latin America behind Brazil, Argentina, Mexico and Venezuela
- —Bill 510 on virtual asset providers was shelved in 2026 without passing
Why it matters: Colombia is imposing reporting duties without a legal framework for providers, so adoption of the six measures will decide whether flows stay on local platforms.
Source: DiarioBitcoin