News.Bitcoin.com

Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina

Published on march 12, 2022

The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than 114 MW of power for mining operations in the first […]

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Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension

Published on march 2, 2022

Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region, damaging their capability to move funds, which is highly […]

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Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto

Published on february 27, 2022

A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck. The report further states that workers accepting their paychecks in crypto favor traditional cryptocurrencies such as ether and bitcoin, which […]

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Reported First Real Estate Purchase Made With Bitcoin in Chile

Published on february 25, 2022

Yuval Ben Haym, regional manager of Remax, a real estate firm that operates worldwide, has announced that the “first” real estate purchase with cryptocurrencies has already occurred in Chile. The purchase, that was made using bitcoin, happened last year. Such purchases have also already happened in other countries like Colombia, Mexico, and Venezuela. Remax Announces […]

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El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender

Published on february 22, 2022

El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government explained. El Salvador’s Economy Boosted by Bitcoin Law The Salvadoran government has outlined some economic benefits resulting […]

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Bitso Expands to Colombia Amidst Growing Cryptocurrency Adoption in the Country

Published on february 15, 2022

Bitso, a Mexico-based cryptocurrency exchange, is expanding and strengthening its push into the Colombian market in the midst of growing interest in these new technologies in the country. Bitso has appointed Emilio Pardo as a new country manager, to debut the start of operations in Colombia in partnership with Banco de Bogota. Bitso Enters Colombian […]

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Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts

Published on february 12, 2022

The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt collection was suspended during the Covid-19 pandemic period. […]

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Puerto Rican Treasury Department Aims to Tax NFT Sales

Published on february 10, 2022

The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also that the application of this regulation presents […]

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El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet

Published on february 2, 2022

On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend infrastructure that powers the wallet and integrates the entire ecosystem.” Alphapoint to […]

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Colombian Tax Authority Tightens Control Over Cryptocurrency Usage

Published on february 2, 2022

The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization seeks to detect any taxpayers that have used crypto assets and failed to report these activities, or reported them erroneously. This action seeks to thwart cryptocurrency-related tax […]

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