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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the future of El Salvador after yielding to the IMF’s bitcoin de-risking policies. Latam Insights Encore: El Salvador Struggles to Keep Being a Bitcoin Country Finally, it happened. While many were … Read more
Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied by other tech and crypto companies. Tether Opens up on 70-Story Skyscraper Construction in El Salvador Tether, the company behind USDT, a stablecoin worth close … Read more
Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in a credit facility. El Salvador Passes Bitcoin Law Reform, BTC Acceptance Is Now Voluntary El Salvador, a … Read more
Nayib Bukele, President of El Salvador, has blasted the attitude of the opposition to its government, which has used his bitcoin policies as an attack vector against his administration. Bukele stated it is better to not listen to them. El Salvador’s President Nayib Bukele on Bitcoin Critics: Better ‘Not Listening’ to Them Nayib Bukele, President … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is becoming the capital of crypto for Latam, moving its economy positively. Latam Insights Encore: El Salvador Will Become Latam’s Crypto Hub El Salvador, a little nation that … Read more
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, Tether relocates its headquarters to El Salvador, Rumble closes a cloud deal with the Salvadoran government, and Nubank opens its USDC rewards program for all Latam customers. … Read more
Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country. President Nayib Bukele revealed that the company will build a skyscraper, the Tether Tower, in an … Read more
Rumble, a video distribution and cloud services company, is preparing to start operations in El Salvador. Chris Pavlovski, CEO of Rumble, disclosed that the company is in the process of launching offices in the country and that it was evaluating the specific location of these. “We are looking for local talent to implement cloud solutions … Read more
Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets. Tether Moves to El Salvador to Focus on Emerging Markets Tether, one … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how bitcoin can help grow El Salvador’s tourism industry. Latam Insights Encore: El Salvador’s Bitcoin Push Will Bring Its Tourism Industry to New Heights The Salvadoran tourism industry is having a … Read more