Hi @blockshine.

Thank you for this article. It's great to see this new business model. I'm going to take some time to go deeper in this topic and come back later.

For now I can tell you that I lived in Colombia. Here some authorities have made some pronouncements basically saying that 1) financial institutions can not hold crypto 2) crypto is not legal tender 3) crypto gainings/income are taxed.

However, we do not a have a specific legal framework related to ICo, cryptos or whatever thing related to blockchain so it is like a gray zone.

I used to trade crypto with a exchanger called buda.com which closed operations of Fiat deposit/withdrawals in colombia because banks suspended their accounts so users couldn't convert crypto to Fiat. Banks simply "don't like" cryptos.

I think This can be avoided by having clear laws on the subject but currently we don't have them.

However our president is a pro-blockchain man. This brings some light of hope in the politic sphere.

Maybe if our lawmakers perceived that Colombian economy could be improved with something like LCO, they would consider to regulate the topic.

A lawmaker already tried to pass a bill although it was a failed attempt because it was poorly structured. Let's see if something better will be proposed.

I'm not an attorney or expert in law but that's what i perceived.

I Hope this helps.

feel free to ask/comment