The challenges that come along with cannabis investments in Colombia
By now, it is known that Colombia has become one of the hotspots for cannabis investors worldwide, as it has plenty of beneficial conditions for the cultivating and harvest of cannabis plants. Additionally, the current legal framework for cannabis regulation has establishes and fully regulated the possibility to acquire an administrative license.
Virtual wallets and online payment gateways in Colombia: administrative statements that open up opportunities for FinTech companies
Technology has become a vital aspect of our lives, it has changed the way we perceive and perform many of our regular activities as people keep opting for more practical solutions. This circumstance has been particularly witnessed in the financial world, as electronic payments have become an everyday activity.
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What Fintech companies should know about legal regulations in Colombia.
After a 61% growth last year, Colombia currently has the third biggest Fintech Industry in South America. Despite that, currently Colombia does not have a single proper Fintech regulation nor even a bill about it, even when the government and other sectors have widely acknowledged its importance, as they are currently becoming one of the decisive agents for the future of the worldwide financial industry.
Data Protection: Why you must comply and How to do it while running a Transnational Business – A focus on Colombia
Since the European Union’s General Data Protection Regulation (GDPR) is coming into force, an incredibly large number of companies are trying to keep up with Compliance before May 25, the deadline provided in that law.