The head of the Colombian tax office: plans to launch a digital currency to prevent tax evasion.

[Head of Colombian Taxation Bureau: Plans to launch a digital currency to prevent tax evasion] Jinse Finance reported that according to Watcher.Guru’s tweet, the head of the Colombian Taxation Bureau stated that they plan to launch a digital currency to prevent tax evasion.

Other news:

Columbia Develops Games to Teach Teenagers Cryptocurrency Trading Knowledge: Golden Finance reported that Columbia has invested more than $30,000 in the development of a gamified application "B Coin", which aims to simulate cryptocurrency and stock trading for young learners. The game was proposed by Henry Jean Velásquez in response to the government's innovative project to help develop financial literacy among young Colombians. B Coin, which simulates the experience of retail transactions through games, will be distributed through popular app stores starting in December. (cointelegraph) [2021/9/14 23:24:36]

News | Colombia’s draft crypto regulation has been criticized by the tech community: According to a report on Tuesday by Colombian financial magazine Dinero, a draft bill on crypto regulation submitted by the Colombian Congress in July has been severely criticized by the local tech community. Expert lawyers at local legal agency Ambito Juridico said the draft lacked assessment and understanding of the encryption process. Experts believe that the bill places cryptocurrencies under the jurisdiction of the Ministry of Information Technology and Communications, whereas cryptocurrencies are regulated by financial institutions in other countries. The Colombian Software Federation (Fedesoft), the local fintech association and the Columbia Blockchain Foundation pointed to "inconsistencies and flaws" in the bill. [2018/9/28]

Colombian Senator: Cryptocurrencies and Blockchains Are “Mechanisms to Modernize the Digital Economy”: According to a press release published today, the Colombian Senate debated cryptocurrencies and blockchains on Wednesday as “digital Mechanisms of Economic Modernization". The Third Senate Committee was convened by Senator Antonio Navarro Wolff of the Colombian Green Alliance, with participants from the Central Bank of Colombia, the Ministry of Finance, the Ministry of Information and Communication Technology, and the Colombian Financial Supervision Agency. Navarro Wolff advocated that Colombia should investigate blockchain "deeper", saying that the technology "could change the lives of Colombians" and would be applicable in the administrative, economic and political spheres. He also mentioned that blockchain has the potential to enhance the security and transparency of the electoral system, facilitate smart contracts, and facilitate the management of public services. With the rapid rise of the crypto market in 2017, crypto assets have captured the attention of Colombians, and with the growing interest in the crypto market, the need for regulatory protection has increased. To that end, he called on the Treasury Department to oversee the implementation and regulation of the new technology. [2018/6/8]