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Andrew Bailey, Governor of the Bank of England, warned about the dangers of banks issuing stablecoins, stating that they would remove money from the banking system. His stance contrasts with that of the Trump administration, which views stablecoins as a tool to extend dollar hegemony. Bank of England Governor Warns About Banks Issuing Stablecoins Stablecoins … Read more
Israel Salmen, CEO of Meliuz, the first Latam-based bitcoin treasury company, announced that the company is in the final stages of listing its stock on U.S. markets, without issuing new shares. Brazilian Bitcoin Treasury Company Meliuz Ready to List Stock on U.S. Markets Meliuz, the cashback company that became the first Latin American and Brazil-based … Read more
Zerohash is reportedly nearing a $100 million funding round that could value the company at nearly $1 billion. Zerohash Nears Unicorn Status Zerohash, a crypto and stablecoin infrastructure startup, is reportedly close to raising approximately $100 million in a funding round that would value the company at nearly $1 billion. According to a report citing … Read more
Administrators of a collapsed UK-based crypto firm have identified a $2.7 million shortfall, increasing the risk of total investment loss for some customers. Management Accused of Misappropriating Customer Funds Administrators for Ziglu, the collapsed United Kingdom-based crypto firm, have reportedly uncovered a shortfall of $2.7 million (£2 million), raising the likelihood that investors may lose … 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, the U.S. Congress introduces a sanctions bill against El Salvador, Trump slaps 50% tariffs on Brazil, and reports indicate that Argentina scored a zero-tariff agreement with the U.S. US Senate Introduces Bill … Read more
While bitcoin hovers near record-breaking highs, data pulled from Google Trends shows that public curiosity about the top crypto asset remains surprisingly low. $119K Bitcoin and Crickets—Where’s the Retail Mania? On Sunday, bitcoin (BTC) broke into the $119,000 territory, notching a new all-time high of $119,444 on the crypto exchange Bitstamp. Throughout the week, BTC … Read more
With inflation still high, GDP growth flatlining, and a brain drain in full swing, Bitcoin.com CEO Corbin Fraser believes Canada itself has become the risk. The Bitcoin Exit Plan Bitcoin.com CEO Corbin Fraser recently made a provocative claim: “Canadians are dead broke.” Pointing to a stagnant economy, high inflation, and political dysfunction, he argues that … Read more
The new infrastructure, to be built by Nexbridge and Nexplace, will position El Salvador at the forefront of financial technology, enabling the development of capital markets and a suite of service offerings built on the bitcoin stack. El Salvador to Pioneer Native Bitcoin Capital Markets El Salvador, with its comprehensive digital asset regulations, is preparing … Read more
Over a dozen residents in Tasmania have been defrauded of approximately $1.64 million through scams involving cryptocurrency ATMs, with one victim losing over $493,000. Scammers Exploit ATMs Amidst Rapid Expansion More than a dozen residents of the Australian island state of Tasmania have been defrauded of an estimated $1.64 million through scams that exploited the … Read more
As bitcoin pushes into uncharted price territory, speculators are letting their imaginations run wild—just how high can the top crypto climb? Over on prediction market Polymarket, bettors are giving it a 20% shot that BTC hits $130,000 before July wraps up. Prediction Market Bets Explode: $120K Leads, $200K Still in the Cards On July 11, … Read more
