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

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

The Colombian government is implementing new anti-money laundering laws with local exchanges. 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.