Colombia’s Crypto Use Soars, and Local Regulators Step In

“More and more Colombians are using crypto, and that has regulators stepping in with rules.  According to Jehudi Castro, digital transformation adviser to the Presidency of Colombia, the government simply could not ignore the upswing in crypto use in Colombia –  along with various scams.  “The consequence of all this crypto activity is that we have to be careful. We can’t stand by and do nothing,” Castro told CoinDesk. “

Coindesk