Category: Latin America

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Top Latin American exchange Bitso officially expands to Colombia

Founded in 2014 in Mexico, Bitso is now officially present in Argentina, Brazil, El Salvador and Colombia. Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia. As part of Bitso’s development strategy in Colombia, the exchange has hired former Mastercard executive Emilio Pardo…
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El Salvador Eyes Bitcoin Bond Issuance in March, Mulls BTC Loans for SMEs

  El Salvador could be set to unveil its much-talked-about bitcoin (BTC) bond offerings as early as next month – and could also unveil new bitcoin loan offerings for small and medium-sized enterprises (SMEs) and micro-industries. The latest bonds development was unveiled by a key ally of President Nayib Bukele: Mónica Taher, the head of…
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State-run El Salvador Bank Accepts 200 Bitcoin ATMs as Collateral for USD 1.5M Loan – Report

  A state-owned bank in El Salvador has reportedly handed out a crypto firm a loan of over USD 1.5m – accepting 200 bitcoin (BTC) ATMs as collateral. The development was reported by El Diario de Hoy’s ElSalvador.com, which wrote that it had obtained access to documents proving that the Banco Hipotecario de El Salvador…
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Does the IMF have a hidden script for El Salvador’s Bitcoin play?

What if El Salvador’s Bitcoin experiment succeeds? Is that what the IMF really fears? On Jan. 25, the International Monetary Fund’s (IMF) directors asked El Salvador to “narrow the scope” of its Bitcoin Law by “removing Bitcoin’s legal tender status.” Adopting a cryptocurrency as the Central American country has done “entails large risks for financial…
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Bukele Teases Further Bitcoin Developments in Year Ahead for El Salvador

  The President of El Salvador Nayib Bukele appears keen to start the New Year with a bang – and has teased new developments, as well as crypto-friendly legislation. Bukele has created a number of crypto-themed Twitter posts so far this year, and in one, wrote that the government was preparing to send “20 new…
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Crypto News Rewind 2021: Q4 – Pandora Papers, India’s Regulatory Saga, Facebook to Meta and Other Rebrands

  Here is what happened in the Cryptoworld in the last quarter of this year: Total crypto market capitalization in Q4 And thus ended the year. Happy 2022.  ____… Read More: Crypto News Rewind 2021: Q4 – Pandora Papers, India’s Regulatory Saga, Facebook to Meta and Other Rebrands  Read more »Pay, Trade, Buy Bitcoin with…
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Crypto News Rewind 2021: Q3 – Bitcoin Becomes Legal Tender & Gets Taproot, Improved Ethereum, NFTzation

  Here is what happened in the Cryptoworld in the third quarter of this year: Total crypto market capitalization in Q3 And with this ended the third quarter of 2021. ____… Read More: Crypto News Rewind 2021: Q3 – Bitcoin Becomes Legal Tender & Gets Taproot, Improved Ethereum, NFTzation  Read more »Pay, Trade, Buy Bitcoin…
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Mexican CBDC, Bitcoin ATMs in Panama, Russian Blockchain ETF + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ … Read More: Mexican CBDC, Bitcoin ATMs in Panama, Russian Blockchain ETF + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House

  Crypto advocates have secured a remarkable victory in Paraguay, with a piece of crypto mining legislation – a private member’s bill – passing a vote in the Senate with a resounding majority…. Read More: Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House  Read more »Pay, Trade, Buy Bitcoin with Credit…
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US ‘Could Hit El Salvador’s Chivo Bitcoin Wallet with Sanctions,’ Claims NGO

  The United States could impose sanctions on El Salvador’s Chivo bitcoin (BTC) wallet, the human rights organization Cristosal has speculated. Tensions between Washington and San Salvador are continuing to deteriorate with relations between the American President Joe Biden and the El Salvador leader Nayib Bukele worsening by the month…. Read More: US ‘Could Hit…
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