The South American country is thus placed at the head of this type of financial operations in Latin America and the Caribbean.
These results will help streamline the regulatory process of the crypto market in Colombia.
Colombia is ready to start issuing crypto bonds after the successful pilot test was completed this week, according to the regulator of the South American country. The operation was carried out in the controlled space (Sandbox), which is directed by the Financial Superintendence of Colombia (SFC).
The test carried out on Tuesday, August 23, was successful, the regulator reported through its Twitter (NYSE:TWTR) account. The purpose was to observe the impact of blockchain technology on the capital market throughout the trading process.
"The entire process was carried out in an agile and secure manner with blockchain through smart contracts, a non-fungible token and encryption algorithms, providing immutability of the information and the possibility that the participants...
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