Global Crypto and Digital Currency Initiatives: Colombia

We continue with our brief survey of crypto and digital currency initiatives from around the globe, all of which are officially sanctioned to enhance national competitive advantage (in the event crypto overtakes the US dollar as the global reserve currency).  It is the cumulative adoption rate of state-sanctioned crypto and digital currency legalization and regulation that will propel this innovative system for value exchange as a global currency standard. In this post, we set our sights on Colombia, a country that has aligned its blockchain deployment to address the recent painful, war-torn history fueled by the vagaries of land rights and ownership (which have an even longer historical precedent in the South American country).