Gustavo Petro, who not too long ago received Colombia’s 2022 presidential election, has beforehand spoken out in favor of cryptocurrencies.
Petro will change Iván Duque Márquez as Colombia’s president for 4 years on August 7 after successful the second spherical of a runoff election on Sunday. The president-elect took to social media in December 2017, shortly after a significant bull run, to speak concerning the “power” of Bitcoin (BTC). Petro then hinted that cryptocurrencies like BTC might take energy away from the federal government and conventional banks and provides it again to the individuals.
El bitcoin quita poder de emision a los estados y el señoreaje de la moneda a los bancos. It una moneda comunitaria que se basa en la confianza de quienes realizan transacciones con ella, al tener como base el blockchain, laconfanza se mide y crece, de ahí deriva su fortaleza https://t.co/g8cO9WfP0L
— Gustavo Petro (@petrogustavo) December 26, 2017
Its vice chairman, Francia Márquez, who will grow to be vice chairman of Colombia, has been largely silent on crypto-related insurance policies. A few of the 2021 president-elect remarks included a response to El Salvador President Nayib Bukele’s thought to construct volcano-powered crypto miners, during which he steered that the nation use the pure assets of its west coast to mine crypto ought to.
“Digital foreign money is pure data and due to this fact vitality,” Petro stated on the time.
With Petro set to take workplace in August, the politician, described by many as “left,” will be part of different world leaders who’ve issued insurance policies or in any other case spoken out in favor of crypto adoption. Bitcoin has been accepted as authorized tender in El Salvador since September 2021. In April, the Panama legislature authorised a invoice that might have created a regulatory framework for crypto, however President Laurentino Cortizo partially vetoed the measure in June, citing issues about anti-money laundering, or AML, guidelines.
Associated: Colombia cracks down on crypto tax evasion as adoption thrives
With round 52 million individuals residing in Colombia, the South American nation is without doubt one of the most lively crypto merchants within the area, based on Usefultulips. In February, main Latin American crypto trade Bitso launched in Colombia as a part of efforts to advertise adoption and financial inclusion.