Regulator: Central Bank of Colombia (Banco de la República)
Cryptoassets in Colombia remain unregulated, they're not legal tender, securities, or recognized financial instruments. Practical use isn't banned, but official bodies like the Central Bank and SFC (Superintendencia Financiera de Colombia) steer clear of formal integration. The SFC's sandbox ran until end-2023 and there are ongoing legislative attempts for clarity. Meanwhile, tax (DIAN) and financial intelligence (UIAF) authorities impose reporting obligations and anti-money laundering (AML) oversight on crypto-related operators.
