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Colombia is making new strides in legalizing and managing the crypto market, with a bill recently submitted to establish a clear legal framework for the industry. This is not the first time the country has attempted to pass crypto legislation, but will it succeed this time?
Colombia's New Crypto Bill
According to El Colombiano, the bill proposed by Senator Gustavo Moreno and Representative Julian Lopez on March 3, 2025. Previously, Colombia had attempted to establish crypto regulations in 2024 and 2022, but both efforts failed.