colombia

Colombian Cryptocurrency Project Kmuschicoin Gains Popularity as Adoption on Local Stores Grows

<div class=”featured_image_container”> </div> <strong>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.</strong> Over 5,000 People From Other Countries Currently Hold The “Bitcoin Boyacense” Kmuschicoin, …

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Colombia’s oldest commercial bank pilots crypto services

Colombia’s oldest commercial banking institution, Banco de Bogotá, is reportedly exploring cryptocurrency-related services. According to a report by local news agency Portafolio, Banco de Bogotá announced Monday that it will participate in a pilot project directed by the Superintendencia Financiera de Colombia, the country’s top financial regulator. The project will be run within a regulatory sandbox …

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Colombia’s Financial Superintendent Approves Nine Crypto Platforms to Work With National Banks

<div class=”featured_image_container”> </div> <strong>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 …

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Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin

<div class=”featured_image_container”> </div> <strong>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 (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>), to inject capital as long as they abide by local regulations.</strong> Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin …

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P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms … read more. …

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Blockchain voting is the alternative for trusted democratic elections

The COVID-19 pandemic has impacted people’s lives, the relationship between governments and citizens, and the entire world economy, and of course, it has had a major impact on the United States presidential election. Due to social isolation, a large number of American voters opted to vote by mail, which increased vote counting time, led candidate …

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Bitcoin ATMs are booming in this Latin American country

Colombia now has the largest number of Bitcoin (BTC) ATMs in Latin America. According to CoinATMRadar, Bogota, the nation’s capital, has 34 ATMs, followed by Medellin with 11, and Bucaramanga and Cali with 4 each. Other cities with one ATM at least include Armenia, Barranquilla, Cartagena, Cúcuta, La Hormiga, and Pereira. Until recently, countries such as …

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Virtual Panda BTM Launched for Colombian Residents: Dispenses BTC, BCH, DAI, and Dash

The CEO of Panda Group and the founder of Colombia’s Panda Exchange and physical Panda BTM terminals, Arley Lozano, recently revealed a new product called app.pandabtm.io. The new service is a virtual automated teller machine that dispenses four types of cryptocurrencies; bitcoin cash (BCH), bitcoin (BTC), DAI, and dash (DASH). The latest effort from Panda …

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Devcon 6: 2020 is a Write-Off, Let’s Try 2021 in Columbia

The Ethereum Foundation says it will not hold blockchain’s largest international conference Devcon VI this year and has moved the event to Bogota, Colombia in 2021 — although a precise date is yet to be announced Colombia is one of the top countries in crypto adoption in the world.  Why the delay? In a statement …

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P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise

During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela, Argentina, Chile, Brazil, and Mexico have seen significant bitcoin trade volumes. …

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