Latin America falls behind in cryptocurrency regulation
At a time when cryptocurrencies, smart contracts, and decentralized applications are becoming part of the global financial system, Latin America has yet to define a clear and functional regulatory framework. This not only hampers innovation but also puts millions of users and investors in the region at risk.
In summary
Latin America lacks clear regulation for cryptocurrencies, stifling innovation and security.
Europe and the U.S. are advancing with more structured models, while the region remains fragmented.
Without urgent changes, LATAM will lose talent, investment, and leadership in blockchain technology.
To better understand the landscape, we spoke with Jazmín García, founder of Nohbek, a BAAS (Blockchain as a Service) platform specializing in Web 3.0 solutions and digital transformation. Recognized for her work as a regulatory expert, Jazmín warns: “In Latin America, we comply out of obligation, not conviction; if there is no law, there are no good practices, which makes us remain reactive, not preventive.”
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