Paraguayan President Mario Abdo Benítez has spectacularly scuppered a much-vaunted bill that would have legalized and regulated Bitcoin (BTC) and crypto mining in the Latin American country…. Read More: Paraguay President Squashes Bitcoin & Crypto Mining Bill with ‘Total Veto’ Read more »Sign up for e-EUR – the progressive stablecoin
Crypto adoption is on the march in Brazil, where the nation’s Central Bank has commissioned a commercial banking giant to build a DeFi solution for its prototype central bank digital currency (CBDC). Meanwhile, across the border in Argentina, a city says that it will accept tax payments made using USD-pegged stablecoins – while the capital…
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The Argentinian crypto firm Ripio has unveiled a Visa card in Brazil that lets its users pay in crypto – and receive bitcoin (BTC) cashback rewards. The card is a prepaid debit card that can be used with any merchant who accepts Visa payments. The card will be compatible with all 28 of the tokens…
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A group of Argentine crypto investors have launched a lawsuit against Javier Milei, an outspoken MP and bitcoin (BTC) advocate who wants to run for president. The media outlet Clarín reported that a lawyer named Juan Pablo Chiesa, who is representing the group, says that the investors lost around USD 300,000 because they put their…
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Paraguay has become a “new Latin American Mecca for cryptocurrency mining,” a new report has claimed – but not everyone seems to be happy about the fact that more miners than ever are choosing to set up shop in the nation…. Read More: LATAM’s New Crypto Mining ‘Promised Land’: Pluses & Minuses for Paraguay Read…
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The Latin American e-commerce heavyweight Mercado Libre has rolled out its own cryptoasset – named Mercado Coin – in Brazil. The move is the latest in a series of bullish crypto-related moves from the company, which is often touted as the LATM region’s answer to Amazon. Last year, the company began accepting bitcoin (BTC) as…
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Panama’s “bitcoin (BTC) and crypto-friendly” bank Towerbank says it will bar its customers from making use of crypto mixers – in the wake of the United States Office of Foreign Assets Control (OFAC)’s move to sanction Tornado Cash earlier this month…. Read More: Panamanian Regulator May ‘Swing the Ax’ after Bitcoin-friendly Bank Bans Use of…
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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: Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The ongoing market downturn has not discouraged professionals from taking payment in cryptoassets, as indicated by the latest report released by global payroll specialist Deel. In the first half of 2022, crypto payments represented 5% of wages collected by cross-border professionals, up from 2% in the preceding six-month period. “Crypto withdrawals hold steady the last…
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A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme. The media outlet Globo reported that the officer, named as Francisco de Assis Jesus dos Santos Soares de Oliveira, stands accused of defrauding some 23 military police officers to the tune of over…
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