Cryptocurrencies gain more recognition in Colombia in 2022

At Spartan Hill we know that traditional money is no longer the only way a person can make payments, since cryptocurrencies have gained recognition as an accepted digital asset to make transactions in exchange for products and services.

By 2021 the changes and advances that cryptocurrencies had in society were impressive; we find cases of countries that have generated law proposals to achieve greater adoption of these digital assets, as is the case of El Salvador, a country that now allows Bitcoin to be recognized as a legal tender.

Currently, El Salvador is not the only country that is seeking to incorporate cryptocurrencies as part of its economy. Tracing this same objective, many countries are currently studying the possibility due to the relevance that these digital assets have gained worldwide.

For Colombia the case has not been different, since in March 2021 it was reported that approximately more than one million Colombians made transactions for around 100,000,000,000,000 (ONE HUNDRED BILLION) Million Pesos in operations with cryptocurrencies, and according to the Financial Superintendence, it is currently ranked 11th worldwide for the use and implementation of these digital assets. In addition, it is worth clarifying that in the last 10 years the number of people and companies that trust in cryptocurrencies and use them as sources of income, means of savings or investment methods has increased.

To understand a little more the impact of these digital assets, in the case of Colombia there are more than 500 establishments that accept cryptocurrencies as a means of payment in exchange for their products and services, as is the case of small, medium and large businesses, technology centers, restaurants, clothing stores, among other sectors that seek to be at the forefront and be a benchmark in the market.

In the same way, with payment systems such as Pluto Crypto POS that allow the acceptance of cryptocurrencies in businesses, accessing and impacting a new market is a great opportunity.

This system has more than 400 commercial allies that already use this alternative, which besides benefiting and facilitating the purchase process to the customer, it also provides benefits to the commerce.

This is just a proof of the reality that Colombia is living with respect to the adoption of cryptocurrencies, every time new technologies that make possible the payment with cryptos emerge and more and more establishments receive these digital assets.

If you want to know how you can get this innovative system for your business, write to us through our digital channels and we will tell you how you can access it.

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