Análisis del uso de criptomonedas en el lavado de activos en Ecuador.

Abstract

Cryptocurrencies have emerged as a new challenge for countries, due to their unique characteristics such as their decentralized, cross-border and anonymous nature. In the case of Ecuador, as in other countries, this type of currency is being used, however, it is important to note that not in all nations where it circulates it is regulated under specific regulations. As cryptocurrencies have gained popularity, several countries have begun to implement regulations. A prominent example is El Salvador, where this currency has been adopted and is subject to a regulatory framework that seeks to protect the national economy. In Ecuador the cryptocurrency is widely used, although it does not have a specific regulatory framework. The Central Bank of Ecuador does not recognize it as legal tender, however, citizens use it in various activities, including investments and online purchases, as well in some cases, in illicit activities.In this context, it is important to mention that in Ecuador the Law for the Prevention of Money Laundering and Financing of Crimes is in force, which aims to prevent and combat these crimes, seeking to avoid the integration of illicit capital into the economy. The lack of a specific regulation for cryptocurrencies has led to the fact that their growing use can become a potential risk for money laundering.