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Crypto-fueled chaos strikes again as a Russian couple is rescued from a Buenos Aires kidnapping tied to a digital ransom, sparking a global manhunt. Russian Couple Abducted in Crypto Sting—Kidnappers Flee to UAE A Russian couple has been rescued in Buenos Aires after reportedly being kidnapped and released following a $43,000 ransom paid in cryptocurrency. … Read more
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Argentine President Javier Milei dissolves the group investigating Libra, Colombia pilots CBDC on Cosmos, and the largest bank in Guatemala taps crypto for remittances. Milei Dissolves Argentine Task Force Investigating Alleged Libra … Read more
The Argentine government dissolved the Investigation Task Unit (UTI), a Justice Ministry body created three months ago to probe alleged market manipulation linked to the LIBRA crypto meme coin promoted by President Javier Milei, according to a Ministry of Justice decree. Investigation Into Libra Crypto Scandal Ends With Unit’s Dissolution Established via Decree 114/2025 in … Read more
Argentine federal judge María Servini has ordered banks to disclose President Javier Milei’s and his sister Karina’s financial records as part of a probe into an alleged LIBRA cryptocurrency fraud tied to millions in losses. Argentine President Milei Skips Mediation as Judge Seeks Financial Records in Crypto Scam Local media reports that a federal Judge … Read more
The Argentine government announced a series of tax and import rate cuts affecting electronic devices and mobile phones. Manuel Adorni, the spokesperson for President Milei’s administration, announced that the import tariff for mobile phones will be slashed from 16% to 0, democratizing access to these devices. The reduction will be done in two waves: the … Read more
A transactional tax established in 2001 puts the Argentine crypto wallet ecosystem at risk, creating disadvantages compared to traditional financial institutions like banks. The industry expects President Milei to rectify this measure, but that has not happened yet. Argentine Crypto Wallet Providers in Disarray as Tax Puts Local Players in Checkmate The Argentine crypto industry, … Read more
The Argentine Football Association (AFA) has partnered with STEPN in a deal that honors the Argentine soccer team. The partnership includes the issuance of Genesis NFT sneakers that will unlock real-life rewards. Argentine Football Association to Issue Genesis NFT Sneakers The Argentine Football Association (AFA) has partnered with STEPN, a Solana-based move-to-earn project, to issue … Read more
World, the biometric cryptocurrency and ID project, has launched Build Latam in Argentina, a program aimed at empowering tech projects to leverage World’s services in their products. Martín Mazza, Tools for Humanity regional manager for Latin America, explained the new security measures the project has implemented to protect user data. World Launches Latam-Focused Incentives, Discusses … Read more
Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase intervention from the bank to weaken the peso. Argentina Keeps Winning the Battle Against the Dollar Argentina appears to have devised a formula to control … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Argentine government and President Javier Milei are fully committing to the system designed to control the rise of the dollar following the recent lifting of currency controls. Latam Insights … Read more
