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A Colombian national has been indicted in the United States over an alleged money-laundering conspiracy involving approximately $135 million in suspected narcotics proceeds, shell-company bank accounts, cryptocurrency exchanges, stablecoins and 207 Colombian bank accounts. William Andres Holguin Mendez, 40, was charged in a single-count federal indictment returned by a grand jury in Greenville, South Carolina. According to the indictment, the alleged scheme involved the movem

After almost a year of operating under a 19% value-added tax, Colombia’s gambling industry appears to be just days away from relief, following a decisive vote in Congress to reject legislation that would have permanently enshrined the levy. Colombia’s Congress has voted down the proposed Financing Law, which sought to make permanent a 19% VAT on online gambling activities. The measure was defeated last Tuesday in the Senate’s Fourth Committee, where lawmakers voted 9–4 agai