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Colombian peso-backed stablecoin debuts on Polygon with yield benefits

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Num Finance launches nCOP, a Colombian Peso-pegged stablecoin on Polygon, offering users an 8% yield and promising a fresh take on remittances in Latin America. Num Finance, a Latin America-based stablecoins issuer, has introduced its latest stablecoin,

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Amnesty nixes AI-generated images of Colombian protests after criticism

Human rights advocacy group Amnesty International has retracted artificial intelligence (AI) generated images it used in a campaign to publicize police brutality in Colombia during national protests in 2021.The group was criticized for using AI to produce the images for its social media accounts, according to reports. One image, in particular,

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Colombian Court Holds Hearing in the Metaverse – Metaverse Bitcoin News

Colombian courts held one of the first judicial hearings using metaverse tech. María Victoria Quiñones Triana, the magistrate of the Magdalena court, approved the realization of this hearing, using Horizon Worlds technology provided by Meta and virtual avatars to represent participants in the process. Colombian Court Holds Metaversal Judicial Hearings A Colombian

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Ripple’s plan to tokenize Colombian land stalls amid new administration

A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being "deprioritized" by the new administration.The project was initially announced by the outgoing government’s Ministry of Information Technology and Communications just two weeks before the newly elected

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Colombian Financial Superintendence Prepares Norms for Crypto Transactions – Regulation Bitcoin News

The Colombian Financial Superintendence, the securities and financial watchdog of the country, is working on a document to regulate the transactions and operations made using cryptocurrency assets in the country. The organization announced that it will present the document in the coming weeks, which will issue norms for the treatment

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Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution – Bitcoin News

The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting their transactions to the organization. The institution will now open a consulting period in which companies and individuals can present their thoughts regarding the proposed regulation, which might be

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Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes – Taxes Bitcoin News

The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens. Colombia has already collected $1

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