The Latin American real estate platform secured a deal in bitcoin for an apartment in Natura City, in the north of Colombia.
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Colombia clamps down on crypto tax evasion as adoption thrives
Colombia’s tax authority is tightening the screw on Bitcoin and cryptocurrency-related tax evasion against a backdrop of burgeoning cryptocurrency adoption.
Colombian Tax Authority Tightens Control Over Cryptocurrency Usage
The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization seeks to detect any taxpayers that have used crypto assets and failed to report these activities, or reported them erroneously. This action seeks to thwart cryptocurrency-related tax […]
Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin
A Colombian real estate platform is now allowing users to purchase properties with Bitcoin. The platform, called La Haus, is promoting bitcoin payments for a new real estate project in Santa Marta, called Natura City. This is an expansion of the platform, which has already established such a service in Mexico. La Haus to Allow […]
Colombia’s Biggest Bank To Offer Bitcoin Trading
Bancolombia will soon offer its customers the ability to buy and sell bitcoin through a partnership with Gemini.
Gemini to Allow Crypto Trading in Colombia Under Government-Sponsored Pilot Program
The company plans to offer bitcoin, ether, litecoin and bitcoin cash trading in partnership with local bank Bancolombia starting in December.
Columbian Delivery App Rappi To Go Public Next Year
Colombian delivery app Rappi Inc. is planning its initial public offering (IPO) for late in 2022, co-founder Juan Pablo Ortega told Bloomberg at the Web Summit conference in Lisbon, Portugal, for its report Friday (Nov. 5). Rappi, which is backed by SoftBank Group Corp., has “held informal conversations with banks, and plans to hire advisers […]
Colombian exporter developing cryptocurrency to help transport long-horned beetles to Japan
This Colombian beetle exporter once used biotechnology to reduce organic waste. It’s now moving into cryptocurrency development.
BitMEX Buys $100,000 of Carbon Credits in Bid to Become Carbon Neutral
The investment will offset all of BitMEX’s bitcoin transaction and server emissions, the exchange said.
Brazil, Colombia Lead Latin America for FinTech Growth
The FinTech trade is flourishing in Colombia, with an expansion of 120% each year and investments of more than $1 billion in the past three years, according to a report from the FinTech Times. Brazil is the fifth-largest FinTech market worldwide, earning more than 70% more investment in 2020 than in 2019, according to the […]