Did we overestimate Latin America’s interest in Bitcoin and other cryptocurrencies? Even though the continent seems to need the technology the most, mainstream adoption feels so far away. The El Salvador experiment might change that, but it’s not a guarantee. And, so far, there are no major indicators that any other country is going to follow suit. Is it too early for this to happen? Are we being too eager?
Related Reading | El Salvador Set For Bitcoin Rollout With 200 ATM Installations Across The Country
In any case, outside of the political realm, grassroots adoption advances slowly and steadily. Today, we’re going to check on Colombia, Argentina, Cuba, and the new Bitcoin Beach.
Colombia: Binance Frozen Accounts, ATMs, And A Game
- More than 50 Colombian Binance accounts are frozen. Some people think that the Dutch Tax and Customs Administration (Belastingdienst) is responsible. Others think it’s the American DEA doing the investigations. Criptonoticias tried to contact both agencies and couldn’t get confirmation either way.
A Colombian lawyer thinks that Binance is not authorized to do that without a court order and that neither agency has jurisdiction on the matter. However, Binance did block the accounts. So far, without explanation. Wow.
- If we take El Salvador out, nowadays Colombia has the most ATMs on the continent. From the 50 available, “Bogota has 29, six are located in Medellin, three each in Bucaramanga and Pereira, and the rest are scattered around the country,” Decrypt informs.
- A videogame called “B Coins” won the Crea Digital contest from the Colombian Ministry of Information and Communication Technologies. The game aims to teach children how to invest in stocks and cryptocurrencies by simulating a stock Exchange. The government wants to boost financial and economic education for the youth. The app will be available in the Play Store in December. There will also be a Windows version.
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