There was talk about the bills that seek to regulate cryptocurrencies in the Caribbean country.
“The deputies know that this is the way to modernize the Dominican Republic,” Vital said.
The Permanent Finance Commission of the Chamber of Deputies of the Dominican Republic began a consultation process with representatives of the bitcoin (BTC) and digital assets 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 Dipp Room of the National Congress, aimed to socialize the legislative proposals and receive direct technical feedback from sector operators.
The president of the legislative commission, Francisco Javier Paulino, led the working meeting that included the participation of Pedro Vital García, director of Bitcoin Dominicana, and Giuliano Simó, owner of the Bitcoin RD exchange platform.
The meeting was also attended by businesswoman Syra Maruotti and lawyer Ana Lisbeth Matos, who presented their considerations on the need to structure regulations that encourage technological development without stifling innovation.
The call responds to an opening agenda of the Legislative Branch that gained strength after the presentation of a regulatory proposal in March of this year by deputy Carlos de Pérez. In exclusive statements for CriptoNoticias, Pedro Vital highlighted the role of the legislator of Pérez and the magistrate Argenis García, describing them as visionaries in legislative matters for the Caribbean nation.
Vital pointed out that legislators “are in tune” with the matter and show a willingness to advance the legislation, understanding that “this is the necessary step to modernize the Dominican Republic.”
The union representative also explained that the advancement of these technical tables will allow other institutional actors begin to appear in the debate on the regulation of digital assets in the Caribbean country.
The current socialization process also finds its origin in the alerts issued by the Dominican Bitcoin community last April. On that occasion, the organization identified critical points in the original text of the proposed “Law for the Prevention, Control and Regulation of Cryptocurrencies” that could compromise investments.
The intervention of the specialists seeks to modify the articles that represented risk signals for local businesses and the attraction of foreign capital.
This Monday’s session continues a series of previous meetings organized by the Permanent Finance Commission.
On May 28, 2026, the deputies held a meeting in the Juan Pablo Duarte Hall with various local technology and financial entrepreneurs, including representatives of Grupo Multicúputos, FINLABS, NEITEC and the firm Tether, issuer of the USDT stablecoin, in order to strengthen the regulatory framework.
The main challenge facing the bill is to balance the prevention and control powers of the State with the free development of Bitcoin technology.
Although the receptiveness of the deputies is favorable, the local ecosystem agrees that the next structural step involves aligning the traditional business sectors of the Dominican Republic, who must express their own interests and regulatory concerns in the next consultation sessions.
With these working groups, the Dominican Republic directs its legislative agenda towards the creation of an agreed legal framework for digital assets, under the premise that intelligent regulation It is the ideal way to boost the national economy and capture global investments within the digital environment.