Guatemala News

“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph.

The Central American country of Guatemala is getting inked on the path to greater Bitcoin merchant adoption.

Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities and solving problems the country has historically faced.

A Bitcoin project in Guatemala has cleaned up the air, contributed to carbon-negative Bitcoin mining and put a Bitcoin miner in the hands of the local mayor.

Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems.