Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry

Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP RegistryWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting with CBDC, Argentina’s VASPs will have to register to provide services in the country, and Argentines are warming up to bitcoin as an investment instrument. […]

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Latam Insights: Argentina Arrests $400 Million Cryptocurrency Ponzi Scheme Founders, Brazil Defines Crypto Regulation as a Priority

Latam Insights: Argentina Arrests $400 Million Crypto Ponzi Scheme Founders, Brazil Defines Crypto Regulation as a PriorityWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: $400 million cryptocurrency Ponzi scheme founders were arrested in Argentina, the Central Bank of Brazil established cryptocurrency regulation as a priority, and the Argentine Fintech Chamber proposed crypto tax exemptions in Argentina. $400 […]

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Founders of $400 Million Cryptocurrency Ponzi Scheme Arrested in Argentina

Founders of $400 Million CRyptocurrency Ponzi Scheme Arrested in ArgentinaTwo individuals, a woman and a man, were captured in Argentina on charges of having perpetuated a Ponzi scheme that moved over $400 million in cryptocurrency in Brazil. The operation managed to track the couple’s whereabouts with the help of the Argentine Federal Police and Interpol. Argentina Captures Couple Accused of Orchestrating a $400 Million […]

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Lemon Report: Argentina Leads Crypto Adoption in Latam; Tether Dominates Stablecoin Sector

Lemon Report: Argentina Leads Crypto Adoption in Latam; Tether Dominates Stablecoin SectorArgentina is leading the adoption of cryptocurrency in Latin America. According to a report titled “Argentina Crypto Capital,” produced by Lemon, a leading exchange in the country, four of every ten cryptocurrency apps in Latam are being used by Argentines, with over 70% of the deposits processed by the exchange corresponding to USDT, Tether’s dollar-pegged […]

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Argentine President Javier Milei Seeks to Penalize Central Bank Money Issuance

Argentine President Javier Milei Seeks to Penalize Money IssuanceJavier Milei, the libertarian president of Argentina, is seeking to stop the issuance of money by the country’s central bank. Milei stated he would send a bill to Congress to penalize issuing money with jail time, explaining that central bank officials approving these movements would be incarcerated. Argentine President Javier Milei Aims to Establish Seigniorage […]

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Latam Insights: Argentina to Regulate Crypto via Decree, Bitget Eyes Latam Expansion

Latam Insights: Argentina to Regulate Crypto via Decree, Bitget Eyes Latam ExpansionWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The government of Argentina seeks to regulate the crypto industry with an executive order, Bitget announces expansion in Latam, and Honduras reiterates its private bank crypto ban. Argentina to Issue Crypto Exchange Regulation […]

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Bitso Reveals Latam Is Bitcoin Territory With a Stablecoin Frenzy in Argentina

Bitso Reveals Latam Is Bitcoin Territory With a Stablecoin Frenzy in ArgentinaBitso, a Mexico-based cryptocurrency exchange with a presence in several countries of Latin America, has revealed the trends that its user base followed during 2023. Bitso Argentina CEO Julian Colombo disclosed that while Bitcoin was still the most popular cryptocurrency in the region, Argentines held over five times more stablecoins than the rest of Latam, […]

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Latam Insights: Bukele Wins Presidential Ballot by Landslide, Brazil Strengthens Crypto Tax Oversight

Latam Insights: Bukele Wins Presidential Ballot by Landslide, Brazil Strengthens Crypto Tax OversightWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds over 25,000 irregularities in crypto tax statements, and Argentine President Javier Milei warns there will be no dollarization this […]

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