Crypto for Countries: Colombia
Colombia is rapidly becoming a destination for crypto tourists, drawing investors seeking ground floor opportunities to support the development of local web3 infrastructure.
AlphaPoint was on the ground in El Salvador for World Bitcoin Day on September 7, 2021, when the Bitcoin law officially came into effect nationwide. Supported by the Bitcoin Foundation, we joined a larger delegation of Bitcoin and crypto industry representatives to celebrate El Salvador as it became the first nation to officially embrace Bitcoin as legal tender.
Facilitated by the launch of its state-run ‘Chivo’ Bitcoin wallet, patrons now have the freedom of choice to pay with USD or Bitcoin, while merchants have equal flexibility in their decision to receive either currency option — providing additional socioeconomic empowerment and expanded financial inclusion.
Additional reading: Bitcoin Accepted in Starbucks, McDonald’s, and Everywhere in El Salvador
Our team celebrated World Bitcoin Day near ‘Bitcoin Beach’ in El Zonte, a surf community and popular vacation site that has used Bitcoin as the primary medium of exchange for over three years. Local merchants were present at the ceremony accepting payment in Bitcoin, and the night was capped off by a brilliant visual display of drone art in the night sky.
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Colombia is rapidly becoming a destination for crypto tourists, drawing investors seeking ground floor opportunities to support the development of local web3 infrastructure.
AlphaPoint's Tristan Thoma spoke at Smart Valor's CryptoSummit conference during the World Economic Forum in Switzerland.
AlphaPoint leads panel sessions at Argentina's LABITCONF event and El Salvador's Adopting Bitcoin - A Lightning Summit 2022, taking audiences through Year-1 of the Chivo rollout and establishment at El Salvador's BTC ecosystem.
AlphaPoint joins Tech Up For Women Conference 2022 - Networking Reception, Expo & Recruitment Fair at the Javits Center, New York!