Bookmarking Crypto Insights
Auto Added by WPeMatico
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Venezuela prepares to implement a blockchain-based settlement system, Milei’s party wins big in Argentina’s midterm elections, and tokenization booms in Brazil. Historic: Bitcoin and Stablecoins to Be Integrated Into Venezuelan Banking Network … Read more
HRF’s Bitcoin Development Fund awards 1 billion satoshis (10 BTC) to projects supporting privacy, decentralization, and dissidents. The Human Rights Foundation (HRF) announces 1 billion satoshis in grants from its Bitcoin Development Fund (BDF), funding open‑source development, censorship‑resistant communications, mining decentralization, and financial privacy projects across Asia, Africa, and Latin America. Grantees include Nymius, Daniela … Read more
Richard Ujueta, president of Cavecom‑e (the Venezuelan Electronic Commerce Chamber), said that because of scarce dollar cash, most payment activity has moved to USDT. He added that banks should implement USDT payments in point‑of‑sale devices by December. Venezuelan Banks Should Adopt USDT by December, Analyst States The Facts: Venezuela is advancing towards a real integration … 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, Bolivia evaluates issuance of a wholesale CBDC, Argentina officially inks a $20 billion currency swap deal, and President Milei gets summoned by Congress regarding Libra. Bolivia Evaluates Feasibility of Interbank CBDC Amid … Read more
The Central Bank of Bolivia has taken preliminary steps to implement an interbank wholesale CBDC, saying it could benefit the modernization and security of the country’s financial system. By contrast, a retail‑based system would offer limited benefits. Central Bank of Bolivia Plans Implementation of Wholesale CBDC, Disregards Retail Focus The Facts: The Central Bank of … Read more
The central bank says the agreement would contribute to Argentina’s macroeconomic stability, preserving “price stability and promoting sustainable economic growth.” Nonetheless, the deal’s fine print and the U.S. Treasury’s terms have remained under wraps. Argentina Signs $20B Exchange Rate Stabilization Agreement Before Elections The Facts: The Central Bank of Argentina (BCRA) finally inked a $20 … Read more
Aureo (formerly Swapido) announced a $1.1 million pre‑seed round with Early Riders to develop the first Latin America‑native Multi‑Institution Custody (MIC) solution and expand its bitcoin financial services from Mexico across the region. The raise will fund founder salaries, marketing, development, compliance, custody-key agency infrastructure, and regional expansion with a team of founders experienced at … 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. purchases pesos to stabilize the Argentine economy, Colombia terminates World’s biometric operations, and the Mexican billionaire Ricardo Salinas estimates bitcoin will reach $1.5 million. US Treasury Intervenes in Argentine Currency … Read more
OranjeBTC’s share price in Brazil has plunged, failing to attract crypto‑savvy investors. Nonetheless, the company has doubled down on its bitcoin strategy, recently adding 16 BTC to its strategic reserve. OranjeBTC Fails to Take Flight, Acquires More Bitcoin The Facts: OranjeBTC, the first “pure” bitcoin reserve company in Brazil and Latin America, has failed to … 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, Brazil defeats a Lula-linked crypto tax overhaul, the U.S. Treasury purchases Argentine pesos, and OranjeBTC goes public. $3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure The crypto industry in … Read more
