Colombia Fintech urges authorities to speed up crypto asset regulation
- —Colombia Fintech represents more than 365 fintech companies in the country
- —According to the association, 6 million Colombians use cryptocurrencies
- —It proposed lifting limits on the Bre-B instant payments system and allowing state collections through it
- —The association is asking for a phased repeal of the 4x1,000 financial transaction tax
Why it matters: The formation of crypto rules in Colombia could open the market to local fintech companies and legalize services for millions of crypto users.
Source: DiarioBitcoin