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Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law

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A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest in bitcoin. More Countries Eye Bitcoin Adoption After El Salvador passed the bill … Read more

Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City

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Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as part of a settlement with the New York Attorney General’s (NYAG’s) office over a case dating back to 2019. In a statement on Tuesday, NY Attorney General Letitia James accused the two entities of hiding … Read more

Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country

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Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other Countries in the Matter According to La Estrella de Panama, the MP is advocating … Read more

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

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Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. Stores that … Read more