What's Behind the New Bitcoin "Boom"
Financial Services attorney Camilo Gantiva was cited in an El Espectador article about the recent increase in the price of bitcoin and the prospects for cryptocurrency regulation in Colombia. Mr. Gantiva noted that the reduction in interest rates is upping the appetite for bitcoin, because fixed income has become less attractive. Similarly, the article explained the Colombian Government's efforts to regulate cryptocurrencies through a bill, although following a traditional approach with the Bank of the Republic as the primary issuer.