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🇧🇴 #Regulación of cryptocurrencies in Bolivia 🇧🇴 #Bolivia is possibly the country in Latin America that shows the greatest legislative reluctance towards cryptocurrencies. In 2022, the Central Bank of Bolivia issued an alert on its website and social networks, highlighting high volatility. It even pointed out fraud risks for customers, even illustrating said alert with examples of $BTC and $ETH The #BCB reaffirmed its position against cryptocurrencies and any form of commercialization in the country. In addition, to maintain your refusal to work or flip a coin #CBDC José Gabriel Espinoza considers that Bolivia should take into account the legal framework. He even mentioned that the “many young population” could be the ones that end up adopting these technologies.
🇧🇴 #Regulación of cryptocurrencies in Bolivia 🇧🇴

#Bolivia is possibly the country in Latin America that shows the greatest legislative reluctance towards cryptocurrencies. In 2022, the Central Bank of Bolivia issued an alert on its website and social networks, highlighting high volatility. It even pointed out fraud risks for customers, even illustrating said alert with examples of $BTC and $ETH

The #BCB reaffirmed its position against cryptocurrencies and any form of commercialization in the country. In addition, to maintain your refusal to work or flip a coin #CBDC

José Gabriel Espinoza considers that Bolivia should take into account the legal framework. He even mentioned that the “many young population” could be the ones that end up adopting these technologies.
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🇧🇴 #Regulación of cryptocurrencies in Bolivia 🇧🇴 #MarielaBaldivieso , deputy of the Citizen Community group, is leading an effort to legalize the #criptomonedas in #Bolivia and ensure that #Gobierno establishes a specific regulation for its use. According to the local media El Mundo, the initiative has the support of various organizations, including the Bitcoin Bolivia Community, the Ethereum Bolivia Community, the Bolivia Blockchain Association, Startups Bolivia and the Bolivia Fintech Chamber.
🇧🇴 #Regulación of cryptocurrencies in Bolivia 🇧🇴

#MarielaBaldivieso , deputy of the Citizen Community group, is leading an effort to legalize the #criptomonedas in #Bolivia and ensure that #Gobierno establishes a specific regulation for its use.

According to the local media El Mundo, the initiative has the support of various organizations, including the Bitcoin Bolivia Community, the Ethereum Bolivia Community, the Bolivia Blockchain Association, Startups Bolivia and the Bolivia Fintech Chamber.
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🇧🇴 #Regulación of cryptocurrencies in Bolivia 🇧🇴 In a price-sensitive market like #Latinoamérica , users are evaluating whether adopting this new technology is worth it. The former director of #ECB José Gabriel Espinoza already emphasized a long time ago that, despite the ban on cryptocurrencies, there is a process underway that involves developing cashless economies. Which could pave the way for the use of electronic currencies and the implementation of electronic monetary policies. The former official also considers it regrettable that #Bolivia has not made progress in creating a new monetary policy. This would reflect a significant increase in remittances through technology #blockchain
🇧🇴 #Regulación of cryptocurrencies in Bolivia 🇧🇴

In a price-sensitive market like #Latinoamérica , users are evaluating whether adopting this new technology is worth it.

The former director of #ECB José Gabriel Espinoza already emphasized a long time ago that, despite the ban on cryptocurrencies, there is a process underway that involves developing cashless economies. Which could pave the way for the use of electronic currencies and the implementation of electronic monetary policies.

The former official also considers it regrettable that #Bolivia has not made progress in creating a new monetary policy. This would reflect a significant increase in remittances through technology #blockchain
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🇦🇷 #Regulación in Argentina 🇦🇷 After this survey, it seeks to apply regulations according to the principles of “same activities, same risks, same regulatory responses.” The accountant specializing in taxation and cryptocurrencies, Marcos Zocaro, explained that he considers it necessary to move forward with a text that is appropriate for the activity: “I think it is essential that #CNV , as well as any other body that intends to propose new regulations, carefully studies the ecosystem and how the different actors interact. It is essential that you actively listen to them, to avoid introducing unnecessary or even counterproductive reforms.”
🇦🇷 #Regulación in Argentina 🇦🇷

After this survey, it seeks to apply regulations according to the principles of “same activities, same risks, same regulatory responses.”

The accountant specializing in taxation and cryptocurrencies, Marcos Zocaro, explained that he considers it necessary to move forward with a text that is appropriate for the activity:

“I think it is essential that #CNV , as well as any other body that intends to propose new regulations, carefully studies the ecosystem and how the different actors interact. It is essential that you actively listen to them, to avoid introducing unnecessary or even counterproductive reforms.”
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