Breaking: President of Colombia Gustavo Petro Officially Owns Bitcoin
In what could be the beginning of yet another Bitcoin adoption saga in the South American region, President of Colombia Gustavo Petro officially became a BTC holder. While several other countries in the region look at cryptocurrencies in a positive light, El Salvador, a Latin American country, adopted Bitcoin as legal tender in September 2021.
Also Read: Anthony Scaramucci Reveals ‘Obvious’ Timeline For Spot Bitcoin ETF Approval
Colombian President Owns BTC
Samson Mow, chief executive officer, had gifted the Colombian president 100,000 sats worth of BTC. Following this, president Petro shared a message stating that the technology behind cryptocurrencies can be promising for the people of Colombia. Samson Mow said,
“The President of Colombia is now a Bitcoin HODLer for sure. 100,000 sats to be exact.”
On the occasion of owning BTC, President Petro said he would initiate opening of working groups in public administration and in the grassroots communities wherever the technology is useful for the economy. He explained that cryptocurrencies and blockchain have undoubtedly made their way in the world and will have developments towards the future. These technologies can be promising for the prosperity of the people.
Argentina, El Salvador Take Crypto Adoption Forward
Soon after Argentina elected its right wing leader 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 team for a visit to El Salvador. Following this, CoinGape reported that President Bukele has cleared the visit of team Bitcoin El Salvador to Argentina on a “Bitcoin diplomatic mission” of peace and economic freedom.
Also Read: Elon Musk Triggers Disney+ Subscriber Exodus Post Ad Callout
- XRP Treasury Holdings Hits $11.5B as Nasdaq-Listed Reliance Global Adds $17M in Fresh Buy
- FOMC Minutes, Jerome Powell Speech: Will Bitcoin Recover or Retrace Further?
- “Meme Coin SZN Is Here,” Says CZ As GIGGLE, 4 Price Skyrocket to All time Highs
- CZ’s YZi Labs Commits $1 Billion Builder Fund As Binance Coin Surpasses XRP
- Expert Sees LTC Crashing to $50 Even As Litecoin ETF Approval Reaches Final Stage
- XRP Price Prediction Amid ETF Approval Roadblock as Analyst Warns of $2.72 Dip
- Binance Coin Price Prediction If It Surpasses Bitcoin Marketcap— Is $3000 Possible in 2025?
- ASTER vs HYPE Price Analysis – Which Perp DEX Token Looks Poised to Dominate Q4 Performance?
- Ethereum Price Could Soar to $6,500 as BlackRock’s ETF Nears $20B Milestone
- Cardano Price Consolidates Below Key Resistance Ahead of ETF Verdict — Is a 50% Rally in Sight?
- Solana Price Eyes 56% Rebound Amid Solana Company’s Massive $530M SOL Acquisition
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
