Colombia is investing over $30,000 to develop a gamified app that simulates crypto and stock trading for young learners.
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.
Blockchain development is one of four major programs in Bogotá’s new tech innovation fund.4888
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020.19582
One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project.3862
The Ethereum Foundation decided to hold off on the major Ethereum event in Bogota without announcing a new date.4833
Bitcoin has broken record levels against at least nine world currencies as its U.S. dollar price marches toward $20,000.13631
There is a way to give the voting system greater legitimacy and veracity: backing it with blockchain technology.9949
The country is relatively new to crypto adoption, but is building momentum quickly.11192
He went so far as to call for the preconceptions surrounding crypto to be demystified.6897
Colombia takes another important step towards regulating the nation’s crypto sphere.3419
Not even the Colombian president is exempt from being impersonated by Bitcoin scammers.10222
Colombian public entities have identified ten areas that would benefit from blockchain solutions.4709
The World Economic Forum looks at blockchain as a solution against foul play in government processes.2339
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.6226
The Ethereum Foundation has postponed Devcon VI until 2021 and will host it in Bogota, Colombia.7557