‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto ...

‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto ...

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.


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Colombia’s Poor Banking Infrastructure Great Potential for Bitcoin

The South American country of Colombia has a crumbling financial system but the bitcoin market has enormous potential. Bitcoin.com interviewed SurBTC’s CEO Guillermo Torrealba about the bitcoin market in Colombia. Colombia has Enormous Potential. SurBTC operates bitcoin exchanges in Chile and Colombia. The company launched the Colombian exchange at the....

Crypto P2P adoption in Middle East stymied by politics and tech

Data published by Arcane Research suggests that major P2P crypto platforms have struggled to take off in Iran and Lebanon. Data published by Arcane Research suggests that despite demand for peer-to-peer crypto trading platforms in the middle east, regulations and lack of infrastructure is slowing down adoption. But undocumented migrants in western countries have been making use of these platforms to send money back home.According to an October report from the firm, peer-to-peer crypto trading volume, or P2P, across the Middle East and Northern Africa is roughly 15% what it was in late 2017....

First Egyptian Business to Accept Bitcoin

Bitcoin related news out of the Middle-East is rare on all fronts: merchant services, finance and technology. However, a quick search of coinmap.org reveals over 50 regional locations to spend Bitcoins. Most regional Bitcoin businesses are confined to Israel. Egypt is still sorely lacking in Bitcoin establishments, but now it has its first. AMECO is the Middle East's oldest and largest disposable syringe and hypodermic needle manufacturer based in Cairo. Established in 1984, they have an 80% share of the local Egyptian market. Exporting to 15 countries globally, their sales reached US$60....

IHS Markit Likely to Join Race for Crypto Indexes on Wall Street: Exec

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Smart Contracts, Intelligent Investing

One of the bigger contests to keep an eye on in the cryptocurrency market is without a doubt the smart contract race. With the ability to effectively decentralize, automate, and replace multiple trillion dollar industries it represents a sizable target for entrepreneurs and developers of all shapes and sizes to place their crosshairs. While the developers over at Blackcoin (specifically David Zimbeck) have technically already won this race (and I’ll get to that point in a minute) the race very much seems to be continuing with a number of major players still yet to put a working application....