In what might be the start of yet one more Bitcoin adoption saga within the South American area, President of Colombia Gustavo Petro formally turned a BTC holder. While a number of different international locations within the area have a look at cryptocurrencies in a constructive gentle, El Salvador, a Latin American nation, adopted Bitcoin as authorized tender in September 2021.
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Colombian President Owns BTC
Samson Mow, chief government officer, had gifted the Colombian president 100,000 sats price of BTC. Following this, president Petro shared a message stating that the know-how behind cryptocurrencies could be promising for the individuals of Colombia. Samson Mow said,
“The President of Colombia is now a Bitcoin HODLer for sure. 100,000 sats to be exact.”
On the event of proudly owning BTC, President Petro mentioned he would provoke opening of working teams in public administration and within the grassroots communities wherever the know-how is beneficial for the financial system. He explained that cryptocurrencies and blockchain have undoubtedly made their manner on the planet and may have developments in direction of the longer term. These applied sciences could be promising for the prosperity of the individuals.
Argentina, El Salvador Take Crypto Adoption Forward
Soon after Argentina elected its proper wing chief Javier Milei as its new president on November 19, 2023, Max Keiser, the Bitcoin advisor to El Salvador President Nayib Bukele sought clearance for the Argentinian Bitcoin staff for a go to to El Salvador. Following this, CoinGape reported that President Bukele has cleared the go to of staff Bitcoin El Salvador to Argentina on a “Bitcoin diplomatic mission” of peace and financial freedom.
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