Posted 4/7/2024, 9:30:00 PM
Costa Rica Debates Crypto Regulations Amid Growing Bitcoin Adoption and AML Concerns
- Costa Rica is debating a proposed crypto law that may restrict everyday Bitcoin transactions
- There are concerns around implementing effective KYC and AML practices in the crypto industry
- Someremain optimistic about future robust crypto regulations, like Congresswoman Johanna Obando
- Bitcoin adoption is increasing through tourism and businesses facilitating BTC payments
- Broader trends of rising cryptocurrency adoption in Latin America due to economic instability and inflation
