The Permanent Committee on Finance of the Dominican House of Representatives has begun a consultation process with representatives of the Bitcoin (BTC) and digital asset environment to analyze two bills that seek to regulate financial operations with these currencies.
The meeting, held on Monday, June 8, 2026, in the Hugo Tolentino Dip Room of the National Assembly, was aimed at socializing the legislative proposals. Receive technical feedback directly from sector operators.
Francisco Javier Paulino, President of the Legislative Commission, led the working session, with the participation of Pedro Vital García, director of Bitcoin Dominicana, and Giuliano Simo, owner of the Bitcoin RD exchange platform.
Businesswoman Shira Maruotti and lawyer Ana Lisbeth Matos also attended the conference and presented their thoughts on the following points: The need to create regulations that foster technological development without stifling innovation.
The call is in response to the Legislature’s opening agenda, which gained momentum after Deputy Carlos de Perez introduced a proposed regulation in March of this year. In an exclusive statement to CriptoNoticias, Pedro Vital highlighted the role of City Councilor Perez and Judge Argenis García. They are described as visionaries in legislative matters for the Caribbean nation.
Vital noted that lawmakers are “on board” with the issue and are eager to move forward with the bill, understanding that “this is a necessary step to modernize the Dominican Republic.”
Union representatives also noted that advances in these technical tables Other organizational actors begin to emerge. In a discussion on the regulation of digital assets in the Caribbean.
The current socialization process can also be traced to a warning issued by the Dominican Bitcoin community last April. In doing so, the organization identified key points in the text of the proposed “Act on the Prevention, Control and Regulation of Virtual Currency” that could potentially infringe on investments.
Expert intervention aims to correct articles that represent risk signals for local businesses and the attraction of foreign capital.
This Monday’s meeting continues a series of previous meetings hosted by the Standing Committee on Finance.
On May 28, 2026, lawmakers held a meeting at the Juan Pablo Duarte Hall with various local technology and financial entrepreneurs, including representatives from Grupo Multicouptos, FINLABS, NEITEC, and USDT stablecoin issuer Tether, to strengthen the regulatory framework.
The main challenge facing this bill is balancing the state’s preventive and control powers with the free development of Bitcoin technology.
While the acceptance by legislators has been positive, the local ecosystem agrees that the next structural steps include collaboration among the Dominican Republic’s traditional business sectors. People who must express their interests or regulatory concerns At the next consultation meeting.
With these working groups, the Dominican Republic is advancing its legislative agenda towards the creation of an agreed legal framework for digital assets, premised on intelligent regulation. It is an ideal way to revitalize the national economy Gain global investment within a digital environment.
(Tag translation) Bitcoin (BTC)
