Central Bank President Julio Velarde said the government is partnering with countries with more advanced experience in developing its central bank digital currency, such as India, Singapore, and Hong Kong.
Peru’s Financial Intelligence Unit has been studying the industry in the past few months and seeks to use its findings to formulate regulations for digital currencies.
Paxful has entered into a partnership with CoinLogiq, a blockchain company out of Colombia, to begin to install crypto ATMs in the country, as well as Peru.
The country’s official state-backed cryptocurrency PeruCoin seeks to see further adoption of crypto among the population.
