Cryptocurrency News

Ripple’s plan to tokenize Colombian land stalls amid new administration

2022.09.01 08:06

Ripple's plan to tokenize Colombian land stalls amid new administration
Ripple’s plan to tokenize Colombian land stalls amid new administration

A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being “deprioritized” by the new administration.

The project was initially announced by the outgoing government’s Ministry of Information Technology and Communications just two weeks before the newly elected president Gustavo Petro was sworn into office.

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