Tag: colombia

Jul 06 2022

The President-Elect Of Colombia Is Pro-Bitcoin

Former guerilla and Colombian economist, Gustavo Petro, was elected president of the country, beating his opponent who claimed ignorance of Bitcoin.This is an opinion editorial by João, founder of Boletim Bitcoin, a Brazilian website focused on Bitcoin, and contributor at Bitcoin Magazine.This story was originally published in Portuguese by...

Jun 20 2022

Why Bitcoin Is Colombia’s Main Character: New Presidency & More

Jun 20 2022 Published at Bitcoinist.com under tags  bitcoin colombia gustavo petro

Colombia just elected a new president, and Bitcoin is the hope of both his followers and worried opposition. Who Is Gustavo Petro? As per the NYTimes, only 58% of Colombia’s 39 million voters showed up to cast vote. With over 50% of the vote, Gustavo Petro was elected president. This is a major event for the...

Mar 17 2022

Latin America, Tipping Point: The Region Flirts With & Rejects Cryptocurrencies

Typical Latin America. The region as a whole is having a love/hate relationship with cryptocurrencies. On the one hand, apparently, crypto remittances in Brazil, Argentina, and Venezuela grew 900% last year....

Feb 04 2022

La Haus Sells First House In Colombia For Bitcoin

Feb 04 2022 Published at Bitcoin Magazine under tags  bitcoin business colombia la haus news

The Latin American real estate platform secured a deal in bitcoin for an apartment in Natura City, in the north of Colombia.Latin American real estate market leader La Haus has closed another home sale for bitcoin, the first in Colombia after recently selling a property in Mexico, Valora Analitik first...

Dec 06 2021

Colombia’s Biggest Bank To Offer Bitcoin Trading

Bancolombia will soon offer its customers the ability to buy and sell bitcoin through a partnership with Gemini.Cryptocurrency exchange Gemini will soon offer frictionless bitcoin trading in Colombia for customers of the country’s biggest bank, Bancolombia, the company said in a statement Monday. However, it is unclear whether users will be able to withdraw funds — a vital feature for achieving...

Oct 27 2021

Latin America, Tipping Point: Bitcoin Beach Brazil, Colombia ATMs, Mining Arg

Did we overestimate Latin America’s interest in Bitcoin and other cryptocurrencies? Even though the continent seems to need the technology the most, mainstream adoption feels so far away. The El Salvador experiment might change that, but it’s not a guarantee. And, so far, there are no major indicators that any other country is going to follow suit. Is it too early for this...

Aug 16 2021

Will Colombia become El Salvador 2.0 after President Advisor’s stance on BTC?

Aug 16 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Jehudi Castro Sierra, Advisor to the President of Colombia, applauded Bitcoin (BTC). He called it the “most brilliant piece of software ever.” The Colombian President’s Advisor asserted his position in the parliament as the tech and digital advancement Advisor, instead of a political consultant. Sierra’s appreciation of cryptocurrencies like Bitcoin, along with his eminent position The post Will Colombia become El Salvador 2.0...

Aug 05 2021

Mar 04 2021

With Bitcoin-To-Bank Sandbox, Colombia Will Become BTC Haven

Mar 04 2021 Published at Bitcoin Magazine under tags  banks business colombia

With its “LaArenera” program, Colombia is embracing the integration of bitcoin with its regulated financial institutions.Colombia has authorized eight bitcoin exchanges for regulatory sandbox testing to start this month. The Financial Superintendency of Colombia (FSC) recently authorized nine alliances between local, regulated banks and cryptocurrency exchanges. The initial partnerships...

Jan 13 2021

La carrera de Colombia por convertirse en un mercado líder de criptomonedas en la región

Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.

‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto Market

Jan 13 2021 Published at CoinDesk under tags  adoption bitcoin buda.com colombia global macro

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.

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