New Colombian President Extends a Welcoming Hand to Blockchain and Cryptocurrency

Colombia looks to be the next nation on the map that, like Malta, is making a strong pivot to blockchain and virtual currencies.

As the cryptocurrency and blockchain worlds continue to expand, a growing list of nations have begun to place heavy emphasis on both industries.

Chief among these is the small island nation of Malta, which has rapidly become a global heavyweight when it comes to crypto.

Officials have successfully wooed a slew of leading exchanges to set up shop on the Mediterranean island, while Parliament approved a trio of bills in July that was said to make Malta the first nation to establish “legal certainty” for the cryptocurrency field.

The crypto craze has also spread across South America, but many headlines out of the region have not been as positive.

The Venezuelan government has turned to the oil-backed Petro during a crippling economic crisis, but a variety of reports cast doubt if the pledged oil reserves even exist, or if the coin could actually change…