Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020.
Colombia — officially the Republic of Colombia — is a country located in northwest South America, including some territories in Central America. Columbia has a developing economy and the country is the fourth in terms of GDP among the countries of Latin America. In terms of cryptocurrency, Colombia was the place for the Blockchain Colombia Meetup in 2018. In addition, there is Fintech Colombia — an association of companies focusing on technology in finance. Moreover, local Colombian cryptocurrency-related businesses have launched a Colombian Blockchain Association in 2018 in order to support the industry and advise the national government on the questions of digital currency regulation. In Colombia, blockchain is also very interesting for authorities, as they look at the prospects for the implementation of the technology.
One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project.3664
The Ethereum Foundation decided to hold off on the major Ethereum event in Bogota without announcing a new date.4606
Bitcoin has broken record levels against at least nine world currencies as its U.S. dollar price marches toward $20,000.13575
There is a way to give the voting system greater legitimacy and veracity: backing it with blockchain technology.9791
The country is relatively new to crypto adoption, but is building momentum quickly.11013
He went so far as to call for the preconceptions surrounding crypto to be demystified.6853
Colombia takes another important step towards regulating the nation’s crypto sphere.3372
Not even the Colombian president is exempt from being impersonated by Bitcoin scammers.10136
Colombian public entities have identified ten areas that would benefit from blockchain solutions.4623
The World Economic Forum looks at blockchain as a solution against foul play in government processes.2292
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful.6181
The Ethereum Foundation has postponed Devcon VI until 2021 and will host it in Bogota, Colombia.7403
A Colombian National Police report revealed that the country is the preferred target for ransomware attacks in Latin America.3447
While Localbitcoins trade volumes have receded globally since the platform’s KYC overhaul last year, Latin American trade has continued to surge.4442