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CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil

CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil

Published on january 8, 2022

Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The arrest, which took place in the country’s Goiás province, was carried out by the Brazilian military police. Fake IDs, Laptops, and Credit Cards Seized Johann Steynberg, the CEO of Mirror […]

[...]

El Salvador Drafts 20 Bills for Legal Structure of Bitcoin Bonds — Funds to Be Used to Build Bitcoin City, Buy BTC

El Salvador Drafts 20 Bills for Legal Structure of Bitcoin Bonds — Funds to Be Used to Build Bitcoin City, Buy BTC

Published on january 5, 2022

El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador Drafting Legal Framework for Bitcoin Bonds El Salvador’s finance minister, Alejandro Zelaya, said in an […]

[...]

Cryptocurrency Draft Law Presented in Peru

Cryptocurrency Draft Law Presented in Peru

Published on january 5, 2022

A draft of a new cryptocurrency asset law was introduced in Peru in December, seeking to regulate the cryptocurrency interactions that are already happening in the country. The draft law, besides defining what a crypto asset is and establishing the duties of virtual asset service providers (VASPs), also seeks to legalize the use of assets […]

[...]

Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts

Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts

Published on january 3, 2022

The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency. If so, the companies should […]

[...]

Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts

Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts

Published on january 2, 2022

El Salvador’s president has made six predictions relating to bitcoin for 2022. He expects two more countries to adopt bitcoin as legal tender this year. Meanwhile, he expects El Salvador’s Bitcoin City to commence construction during the year and his country’s volcano bonds to be oversubscribed. Bitcoin Predictions 2022 by President Bukele The president of […]

[...]

Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros

Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros

Published on december 27, 2021

Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.” Ricardo Salinas Pliego Recommends Investing in Bitcoin, Says Avoid Fiat Money Mexico’s third-richest […]

[...]

Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela

Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela

Published on december 27, 2021

The pensioners of the state-owned oil company of Venezuela, PDVSA, have started receiving a Christmas bonus in petros (PTR), the first national cryptocurrency launched back in 2018. The petro, which is backed by Venezuelan oil and other resources, can be traded in local exchanges for these pensioners to access fiat currency, as the reach of […]

[...]

Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin

Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin

Published on december 27, 2021

A Colombian real estate platform is now allowing users to purchase properties with Bitcoin. The platform, called La Haus, is promoting bitcoin payments for a new real estate project in Santa Marta, called Natura City. This is an expansion of the platform, which has already established such a service in Mexico. La Haus to Allow […]

[...]

Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments

Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments

Published on december 22, 2021

The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of […]

[...]

Leading Mexican Retailer Grupo Elektra Accepts Bitcoin

Leading Mexican Retailer Grupo Elektra Accepts Bitcoin

Published on december 18, 2021

Mexico’s Grupo Elektra, a leading retailer in Latin America, is accepting bitcoin for payments. The chain belongs to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, the pro-bitcoin Ricardo Salinas Pliego. Ricardo Salinas Pliego’s Retail Chain, Grupo Elektra, Now Accepts Bitcoin Elektra is a supermarket and banking chain belonging to conglomerate Grupo Salinas, […]

[...]

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