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President of Colombia Gustavo Petro Officially Owns Bitcoin

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In what may very well be the start of yet one more Bitcoin adoption saga within the South American area, President of Colombia Gustavo Petro formally grew to become a BTC holder. While a number of different international locations within the area have a look at cryptocurrencies in a optimistic 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 will be promising for the folks 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 helpful for the economic system. He explained that cryptocurrencies and blockchain have undoubtedly made their approach on the planet and may have developments in direction of the longer term. These applied sciences will be promising for the prosperity of the folks.

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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Anvesh experiences main crypto updates round U.S. regulation and market shifting tendencies. Published over 1,200 articles to this point on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or twitter.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

The offered content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.



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