The initiative is promoted by the CTCP (Technical Council of Public Accounting) to conclude that cryptocurrencies are active and should be included in the financial statements of companies. According to the senator of Radical Change, Carlos Abraham Jiménez, the aim is "to offer real and non-interpretative legal support on the use of cryptocurrencies", so that they can operate in the day-to-day lives of Colombians. The project proposes that entities that want to carry out operations with cryptocurrencies must have the approval of the Mintic (ICT Ministry) and provide information on the resources marketed to demonstrate that they are not laundering money. In addition, it proposes to create a reserve fund, attached to the Ministry of Finance, to subsidize those people who, having purchased these assets lost them at a certain time because they disappeared from the market. On his part, the president of Asobancaria, Santiago Castro, indicated that: "The entity that has to keep an eye on cryptocurrencies is the Financial Superintendence, not the MinTIC, especially if it were to be used as a means of payment."