The private pension fund AFP Protección (Colombia) is planning to allow investment in Bitcoin, marking a new step in the approach to digital assets by traditional institutions in the Latin American region.
📌 Conditions of Application
Only for qualified investors after being fully advised about the risks.
Small weight in the portfolio, does not affect the core retirement fund.
The goal is to diversify investments, not to transfer retirement funds to Bitcoin.
⚖️ Legal context
At the same time, the Colombian government requires crypto services to report transactions to the tax authority, indicating the trend:
Crypto is allowed access,
But accompanied by tighter oversight and compliance.
🔍 Assessment
This move reflects the increasingly popular approach of financial institutions:
Accepting Bitcoin as an alternative asset,
But still adhering to risk governance principles and cautious allocation.
In the long term, conditional openings of pension funds with BTC could help reinforce Bitcoin's role in the traditional financial system.
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