Crypto currencies in Light of Current Regulation in Colombia: A Regional Comparative Analysis Criptomonedas a la luz de la regulación actual en Colombia. Un análisis comparativo regional

Abstract

This study examines the feasibility of implementing and using stablecoins in the context of current regulation, considering their advantages over high banking costs and the volatility of traditional currencies. The research concludes that, with a reorientation towards a trust network and a suitable regulatory frame­work, the adoption of crypto-assets as stablecoins is viable and beneficial. Their application could simplify transactions, provide consumer protection, and po­tentially counteract the effects of the devaluation of the Colombian peso. The tokenization of real assets, such as money, can generate trust and added value in the economy, leveraging the benefits of blockchain technology.