President of Digital Assets Commission: El Salvador Is Just Showing ‘Glimpses’ of What’s Coming

Juan Carlos Reyes, president of the Digital Assets National Commission in El Salvador, recently highlighted the work behind the scenes to incentivize and prepare the nation for higher cryptocurrency adoption levels. During an interview, Reyes declared: “If you look at the bigger picture… you only see glimpses.” Reyes stated that even foreign companies that are … Read more

Bitcoin Surges Past $77K Amid Election Victory And Rate Cut, Eyeing Six-Figure Valuation

Bitcoin is experiencing a powerful rally, recently reaching $77,000 following a 10% surge in the hours around former President Trump’s election victory and another bump after the Federal Open Market Committee (FOMC) announced a rate cut. This one-two punch of political and economic news has bolstered optimism for six-figure price targets in Bitcoin’s near future. … Read more

El Salvador Leader and Trump Discuss High Stakes: Dangerous Past and Future Strategy

El Salvador’s President Nayib Bukele has shared details of his conversation with U.S. President-elect Donald Trump, touching on Trump’s victory, near-death experience, and their shared ambitions. El Salvador Leader and Trump’s Private Exchange: From Victory to a Brush With Deaths El Salvador’s President Nayib Bukele shared details of his phone conversation with U.S. President-elect Donald … Read more

Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in Review

Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his leadership role in a crypto firm as a potential cause. Russia … Read more

Public Records Inquiry Reveals the Failure of Salvadoran Bitcoin Millionaire Investor Visa Program

A recently disclosed public records request reveals contradictions between the number of visas issued under the ‘Adopting Bitcoin’ program, which allowed millionaires to acquire Salvadoran nationality, and the numbers publicly disclosed on social media. Public Records Investigation on Salvadoran ‘Adopting Bitcoin’ Visa Program Contradicts Official Numbers With its improvements in cryptocurrency regulation and personal security, … Read more

Latam Insights: Brazil Pushes BRICS Away From the US Dollar, Bitcoin Adoption Falters in El Salvador

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil pushes BRICS to use national currencies instead of the dollar, bitcoin adoption reaches critical levels in El Salvador, and smart contracts achieve legal status in Argentina. Brazil Pushes BRICS to Shift From … Read more

Bitcoin Adoption Reaches Critical Low in El Salvador Despite Government Push

A new survey has found that bitcoin usage has dropped to critical levels in El Salvador, with less than 10% of its citizens using it to make transactions. The numbers are surprising to analysts, given the push that President Nayib Bukele has made for bitcoin in the country since its adoption as legal tender in … Read more

Latam Insights: Bukele Offers Bitcoin Advice to Argentina, Uruguay Passes Crypto Law

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, El Salvador’s President Nayib Bukele meets with President Milei in Argentina, offering bitcoin advice to the Senate, and Uruguay passes a cryptocurrency law after over two years of discussion. Bukele and Milei Meet: … Read more

IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight

The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does not threaten financial stability. IMF Urges El Salvador to Tackle Bitcoin … Read more