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Colombian president seeks to transform the Caribbean into bitcoin mining hub

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The Block Editorial

(07:50 AM UTC)

1 min read

Verified byEmily Watson

1132 views

0 comments

Colombian President Gustavo Petro said bitcoin mining could drive significant development in the Caribbean region, similar to what is happening in nearby South American countries.

In a Tuesday post on social media platform X, Petro pointed to Venezuela and Paraguay as countries that have managed to attract investment in local bitcoin mining industries with abundant clean energy.

"This could be…

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