El Salvador Moves Bitcoin for Safety Purposes: Is a Selloff Coming?

The Bitcoin Office of El Salvador reported that these movements would be an answer to quantum computing developments, which have the potential to break bitcoin’s encryption. Nonetheless, analysts believe that this might be a preparation for a possible sale. El Salvador to Move Bitcoin to Face Hypothetical Quantum Threats, but Some Anticipate a Selloff El … Read more

Latam Insights: Brazil Discusses Strategic Reserve; El Salvador Passes Bitcoin-Friendly Banking Law

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 Brazilian Congress prepares to discuss a Strategic Bitcoin Reserve bill, El Salvador passes a bitcoin-friendly investment bank law, and the Brazilian CBDC drops its bitcoin element. Brazilian Lawmakers to Discuss Strategic … Read more

New Investment Bank Law in El Salvador Opens Doors to Bitcoin Products

The new Investment Bank Law will allow so-called “sophisticated investors” to take advantage of innovative opportunities, which may include bitcoin or crypto-based products issued to seek funding, thereby opening the doors to a more dynamic crypto ecosystem in El Salvador. Investment Bank Law Puts Bitcoin Front and Center in El Salvador The newly approved Investment … Read more

Latam Insights Encore: El Salvador Should Clarify Bitcoin Shuffling Allegations

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the latest allegations about the status of El Salvador’s bitcoin purchases and how the Salvadoran government should clear the air regarding the subject. Latam Insights Encore: El Salvador’s Silence … Read more

Latam Insights: El Salvador’s Bitcoin ‘Shuffling,’ Brazil Gets 50% Tariffs

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 IMF reiterates that El Salvador is just moving bitcoin from one place to another, Trump gives Brazil a 50% tariff gift, and U.S lawmakers travel to Argentina to examine the local … Read more

Bolivia and El Salvador Sign Digital Assets Cooperation Agreement

The agreement between the two countries focuses on the exchange of information about digital assets, which, according to the Central Bank of Bolivia, have become a widely used alternative for international payments. El Salvador has emerged as a crypto powerhouse in Latin America, with several nations seeking to learn from its crypto experiences. Bolivia and … Read more

Is Bukele the Next Chávez? Salvadoran Legislative Assembly Passes ‘Indefinite’ Re-Election Reform

The Salvadoran Legislative Assembly, which is almost completely controlled by President Nayib Bukele, passed a reform that explicitly allows the president to opt for reelection as many times as desired. While many praised the change, others claim that this is similar to what Hugo Chávez did in Venezuela. Bukele-Controlled Legislative Assembly Passes ‘Indefinite’ Re-Election Changes, … Read more

Yes, Bitcoin Adoption Reached 70% in El Salvador, but There’s a Catch

According to figures compiled by Cornell University, El Salvador boasts one of the highest bitcoin ownership rates in the world, reaching over 70% at one point. Nonetheless, while these numbers may be accurate, the circumstances behind them need to be understood. Bitcoin Ownership in El Salvador Gone Viral: The Truth Behind the Numbers El Salvador … Read more

One-Two: IMF Reiterates That El Salvador Is Just Shuffling Bitcoin

At a recent press briefing, the IMF reiterated that the number of bitcoins accumulated in the wallets of El Salvador had not changed and that the increases in the country’s bitcoin reserve fund were due to token shuffling across multiple addresses. IMF Denies El Salvador’s Alleged Bitcoin Purchases in Press Briefing The alleged bitcoin purchases … Read more

Latam Insights Encore: El Salvador’s IMF Bitcoin-Fueled Defiance Was a Fugazi

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 Salvadoran government’s confusing communication policy has led to a decline in its standing within the bitcoin community. Latam Insights Encore: El Salvador Bitcoin Allegiance Is No More, Bitcoin Purchases … Read more