Colombia Eyes Bitcoin Mining for Caribbean Growth
President Petro proposes a Bitcoin mining industry on Colombia's Caribbean coast, using energy surpluses for economic growth.
07 May 2026
President Petro proposes a Bitcoin mining industry on Colombia's Caribbean coast, using energy surpluses for economic growth.
An unexpected halt in Colombian interest rate hikes has shaken investor confidence and is expected to weaken the peso.
Colombia’s fuel subsidies are widening a multi‑billion‑dollar deficit as oil prices rise, forcing pump-price hikes and raising inflation and rating risks.