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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Tag: South Americas

Colombia Declares Bitcoin Illegal, Peso is the Only “Valid” Currency

Category: Bitcoin, News, Regulation

Colombia Declares Bitcoin Illegal, Peso is the Only “Valid” Currency

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 bitcoin as a fraudulent investment scheme, in which users convince…

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