Colombia now has the most important variety of Bitcoin (BTC) ATMs in Latin America. In line with CoinATMRadar, Bogota, the nation's capital, has 34
Colombia now has the most important variety of Bitcoin (BTC) ATMs in Latin America. In line with CoinATMRadar, Bogota, the nation’s capital, has 34 ATMs, adopted by Medellin with 11, and Bucaramanga and Cali with four every. Different cities with one ATM at the least embody Armenia, Barranquilla, Cartagena, Cúcuta, La Hormiga, and Pereira.
Till just lately, nations corresponding to Venezuela and Argentina have been extra ceaselessly mentioned as crypto hotspots by way of regional adoption attributable to elements like political and financial turmoil. Colombia has taken essential steps in the direction of regulating the nation’s crypto sphere, nonetheless, with its authorities approving a pilot program to check crypto transactions again in September. The pilot, which operates inside a just lately instituted regulatory sandbox, will run till December 31.
In September, the Colombian Ministry of Info Know-how and Communications, or MinTIC, launched a draft of a information calling for the general public sector to undertake blockchain expertise, together with crypto funds.
Figures launched in August by Statista confirmed that cryptocurrency adoption had reached double digits in Brazil, Colombia, Argentina, Mexico, and Chile.