Business types that offer cryptocurrency payments in Colombia in 2021
virtual coin adoption worldwide, the Latin American country was found within the global top 10 - as many consumers claimed they either owned or used a cryptocurrency in 2020.
In Colombia, payments with Bitcoin were most likely offered at quick-service locations or specialized crypto stores in 2021. This according to information from an open-source website that tracks especially small companies on whether they have cryptocurrency solutions available to them. As of 2021, Colombian financial institutions are said to be experimenting heavily with cryptocurrencies: Early that year, the Financial Superintendency of Colombia (FSC) authorized a pilot program or sandbox - the "LaArenera" - which partners banks with cryptocurrency exchanges. In terms of