Virtual Assets And Financial Inclusion For Latin America And The Caribbean

Virtual Assets (VAs) are increasingly being recognized as an important component of the global financial ecosystem, offering potential benefits for financial inclusion. However, their decentralized nature and associated risks — including consumer protection concerns, financial stability implications, and misuse in the context of illicit financial flows — demand effective regulatory frameworks.

This policy brief, which explores a range of regulatory approaches to VAs, highlighting the best practices from different jurisdictions to inform the development of comprehensive frameworks that balance financial inclusion with effective risk management.