Colombian capital supports blockchain and emerging tech with $2.3M fund
Blockchain development is one of four major programs in Bogotá’s new tech innovation fund. Go to Source Powered by WPeMatico
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Bogota’s $2.8 Billion Program to Finance Blockchain Companies With up to $50 Million
The city of Bogota in Colombia just announced it will finance blockchain companies through a blockchain investment program. The program, called “Hub Blockchain Bogota,” will deliver financing to 100 companies developing blockchain-based solutions. This is part of a series of initiatives destined to modernize Bogota and turn the region into a smart city. Bogota Programs … Read more
Colombian Cryptocurrency Project Kmuschicoin Gains Popularity as Adoption on Local Stores Grows
A Colombian entrepreneur has joined forces with a Venezuelan teenager to launch a cryptocurrency in Boyacá, Colombia. The region is now known in the local crypto industry as the home of the most popular emerging local crypto in the country. Over 5,000 People From Other Countries Currently Hold The “Bitcoin Boyacense” Kmuschicoin, popularly known as … Read more
The number of Bitcoin ATMs in the US rose 177% over the past year
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. Go to Source Powered by WPeMatico
Colombia’s oldest commercial bank pilots crypto services
One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project. Go to Source Powered by WPeMatico
Colombia’s Financial Superintendent Approves Nine Crypto Platforms to Work With National Banks
In Colombia, the entity managed by the Ministry of Finance and Public Credit, the Financial Superintendence of Colombia (Superfinanciera) has revealed the authorization of alliances between Colombian banks and digital currency exchanges. So far, Colombia’s financial department has approved nine partnerships between exchanges and national banks in order to make cryptocurrency operations more accessible to … Read more
Top Ethereum conference Devcon is delayed again
The Ethereum Foundation decided to hold off on the major Ethereum event in Bogota without announcing a new date. Go to Source Powered by WPeMatico
Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate Tokens Are ‘Intangible Assets’ According … Read more
P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume
A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume According to Localbitcoins, a peer-to-peer (P2P) … Read more
Bitcoin has hit all-time highs against numerous world currencies
Bitcoin has broken record levels against at least nine world currencies as its USD price marches toward $20,000. Go to Source Powered by WPeMatico
