Examinando por Materia "CRIPTOMONEDAS"

Mostrando 1 - 1 de 1
  • No hay miniatura disponible
    Publicación
    Los criptoactivos en Colombia : fundamentos para su regulación y la protección de los usuarios
    (Universidad EAFIT, 2025-10-17) Cote Ramírez, Miguel; Agudelo Morales, Sebastián
    The purpose of this paper is to analyze the importance and relevance of establishing regulation for crypto assets in Colombia, starting from a technical and legal analysis to determine whether crypto assets — specifically cryptocurrencies — are considered, under Colombian regulation, as foreign currency, financial assets, or commodities. Once the legal nature of these assets is established, the applicable type of regulation and its appropriate scope will be examined. The question of whether crypto assets should be regulated becomes increasingly relevant as the cryptocurrency market continues to develop and innovate to offer more products and services to individuals and businesses. It is estimated that more than 6.17 million people in Colombia, own cryptocurrencies (Statista). Given the high number of users — representing nearly 12% of the population —, it is essential to adopt responsible regulation to protect them. One of the key factors that make this analysis timely is that Colombia is the ninth country with the highest cryptocurrencies in the world, based on number of users and transaction volume. For instance, on the Buda.com platform, one of the most popular in Latin America, transaction volume in Colombia increased by 350% between 2019 and 2020, and the number of users rose by 125% in the same period. Additionally, the number of Colombian companies offering FinTech services related to crypto assets increased to 394 by June 2024. (Finnovista Fintech Radar Colombia). As adoption and usage grows, the discussion about regulating cryptocurrencies becomes more pressing. Such regulation should have a broad scope to address the diverse characteristics of cryptocurrencies, the services they offer, and the types of transactions users may carry out with them. Why regulate them? Regulation is necessary not only due to increased usage, transaction volume, related companies, and wide adoption among Colombians, but also because the underlying technology has proven efficient and resilient. After 16 years of existence and exponential growth in blockchain-based services, it is reasonable to assert that cryptocurrencies will continue to expand, much like the internet did two decades ago. Furthermore, for a country like Colombia, which seeks to attract foreign investment, enacting responsible regulation would be highly advantageous. It would not only provide legal security and guarantees for users but also foster an attractive environment for companies, encouraging the growth of this sector and the development of related technologies. In conclusion, the aim of this undergraduate thesis is to assess the viability of, and propose, a responsible regulatory framework that ensures certainty and protection for both users and companies engaging with cryptocurrencies.