Down in Bogotá, cryptocurrency adoption is raging on. Colombia’s tax authority, the DIAN, (Dirección de Impuestos y Aduanas Nacionales de Colombia) has begun to catch up. It seeks to take “special measures” to crack the whip on cryptocurrency tax avoiders.

In the following: Statement released on Friday, the DIAN stated that it would attempt to better regulate the cryptocurrency space and work toward a more “honest” Colombia. It admits (BTCWorldwide, cryptocurrency and e-commerce are growing.