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Crevolution Magazine: Uruguay se consolida como laboratorio regional para las finanzas digitales
KEY POINTS:
The 11th edition of the P2P Financial Systems (P2PFISY) workshop was held in Montevideo, drawing regulators, academics, entrepreneurs from Latin America and Europe. Paolo Tasca, founder of P2PFISY, portrayed Uruguay as an “ideal host” thanks to its macroeconomic stability, low inflation, and advances in digital inclusion. Uruguay has implemented significant innovation in payment systems, such as the instant payments platform Toke, and improved its standing in the UN’s e-government ranking. During the workshop, research from Uruguay was spotlighted, including an AI-based alternative credit scoring model and a study on tokenization of natural resources. The Central Bank of Uruguay, represented by Patricia Tudisco, presented regulatory advances in cryptoassets including the Law 20.345, and proposed a legal change to unify regulation of financial and nonfinancial digital assets. The proposed regulatory changes aim to close legal gaps, align Uruguay with international standards, and reinforce its role in piloting digital finance models in Latin America.
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