Bitfinex partnership pushes crypto adoption in Latin America
Bitfinex announced a new investment in the Chile-based crypto exchange in an effort to boost crypto adoption in Latin America. Go to Source Powered by WPeMatico
South America
Auto Added by WPeMatico
Not funny: Comedy club NFT debacle teaches lesson in transparency
What started with a comedy club would later become a notorious case of legal loopholes and frustration for the nonfungible token community. Go to Source Powered by WPeMatico
Proposed bill in Argentina to encourage citizens to reveal crypto holdings
Argentines could soon be motivated with tax incentives to declare their crypto holdings as the government aims to tackle money laundering with a proposed bill. Go to Source Powered by WPeMatico
Brazilian crypto industry gets regulatory clarity amid global uncertainty
The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets. Go to Source Powered by WPeMatico
Relaunch of USAN — the Union of South American Nations — in Latam Profiles New Monetary Integration
A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization. The proposal, made by several former presidents of countries in Latam, reinforces the need for regional integration to overcome common problems in the area, including poverty. USAN Relaunch Proposal Includes … Read more
Sam Bankman-Fried denies rumors that he fled to Argentina
SBF stepped down as CEO of FTX on Nov. 11 after initiating Chapter 11 bankruptcy proceedings in the District of Delaware. Go to Source Powered by WPeMatico
El Salvador’s pro-Bitcoin president Nayib Bukele announces reelection bid
Bukele says that despite past laws which prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations. Go to Source Powered by WPeMatico
Brazilian central banker describes how CBDC system can halt bank runs
In constructing its Real Digital, Brazil’s central bank is developing mechanisms that can freeze citizens’ conversion to CBDCs in the event of a bank run. Go to Source Powered by WPeMatico
Argentines turn to Bitcoin amid inflation worries: Report
In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption. Go to Source Powered by WPeMatico
Paraguay paves the way for crypto regulation despite internal opposition
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project. Go to Source Powered by WPeMatico
