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# Colombia News

The Congress of the Rebulic of Colombia has proposed a bill to regulate cryptocurrency transactions and prevent crypto users from falling victim to growing frauds, this according to a report from Competition Policy International  May 13, 2019. Preventing Traders from Frauds In January of 2017, Colombian regulatory body Superintendecia de...
February 12, 2019 by at Blockchain, Business, News
Fura Gems Inc. has taken a huge step for transparency in the colored gem industry and the promotion of Colombian gems by launching a blockchain-powered colored gem tracking platform,. This according to a press release published on Nasdaq,  February 11, 2019. A First for Gems One of the many diverse uses...
January 2, 2017 by at Bitcoin, News, Regulation
The Superintendecia de Sociedades, a regulatory agency of the government of Colombia, has declared digital currencies including bitcoin illegal, stating only the Colombian Peso is permitted for transactions according to Panampost and El Tiempo, two South American-focused news outlets. Francisco Reyes Villamizar, the head of the Superintendencia de Sociedades, described...
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