Report: Argentina Surges Past Brazil as Crypto Adoption Haven in Latin America

Sherlock Communications, a Latam‑focused firm, said Argentina has consolidated itself as a leader in crypto regulation and adoption in the region over Brazil. While Brazil has a larger crypto market, the firm says Argentina is one of the Latam’s most active crypto‑receiving nations. Sherlock Communications’ Latam Report Highlights Crypto Adoption Advancements in Argentina Latin America … Read more

Power Cuts: Tether Owes Nearly $5 Million in Energy Bills to Uruguay

Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether Faces Power Cuts in Uruguay Amidst $5 Million Outstanding Energy Debt Tether, the multi-billion-dollar crypto and stablecoin company, is … Read more

Moneygram Debuts Stablecoin-Powered Cross-Border Transactions in Latam

Moneygram, a remittance industry giant, is gearing up to include stablecoin-powered operations for its cross-border transactions in Latam, adopting USDC in collaboration with Crossmint. The move aims to cut costs and retain users who are pivoting to stablecoins. Moneygram Pushes Stablecoins in New App to Debut in Latin America Moneygram, a global remittance platform servicing … Read more

Latam Insights Encore: Schrödinger’s Bitcoin Purchases? El Salvador Should Issue Clarification

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 mystery of El Salvador’s alleged bitcoin purchases and why the government is due to issue an official clarification. Latam Insights Encore: El Salvador’s Bitcoin Purchases Are Still a … Read more

Latam Insights: Salvadoran Bitcoin Purchases Scrutinized, Meliuz Leverages Options

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition: a blockchain sleuth finds evidence of El Salvador’s bitcoin “reshuffling,” Meliuz begins leveraging an options‑based strategy to acquire more bitcoin, and Uruguay readies a study on digital‑currency implementation. Blockchain Sleuth Points out … Read more

El Salvador Stresses Bitcoin Banks Are Coming This Year

During celebrations marking the fourth year of the country’s bitcoin pivot, authorities said bitcoin banks will be established soon. El Salvador enacted the Investment Bank Law in August, opening the doors to private bitcoin investment banks. El Salvador Readies to Open Bitcoin Banks Soon El Salvador, one of the pioneering countries in integrating bitcoin as … Read more

Central Bank of Uruguay to Study Digital Currency Implementation

Uruguay is in the initial stages of studying the implementation of a digital currency as part of a restructuring process. Adolfo Sarmiento, the former manager of economic policy and markets, has been reassigned to oversee the project. Uruguay Jumps on the Digital Currency Bandwagon as Part of Restructuring Process The Central Bank of Uruguay is … Read more

Latam Insights Encore: El Salvador Gold Purchase Sidesteps IMF Constraints to Acquire Sound Money

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 significance of El Salvador’s latest gold purchase and how it aligns with bitcoin’s sound‑money ethos. Latam Insights Encore: El Salvador’s Gold Purchase Follows Bitcoin Monetary Ideals in Defiance … Read more

Latam Insights: El Salvador Purchases Gold, USDT Rises as a Crude Settlement Tool in Venezuela

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, El Salvador turns to gold to diversify its foreign reserves, Venezuela reportedly uses USDT to settle crude sales, and Bolivia is set to launch its national CBDC. El Salvador Pivots to Gold, … Read more