Brazil Central Bank CBDC Pilot Snubs Crypto Firms
Published on may 9, 2023
The Central Bank of Brazil has effectively blocked crypto firms from taking part in its central bank digital currency (CBDC) pilot.
The bank this month issued a call for interested firms to join the next phase of its pilot.
But while the bank did not explicitly rule out the participation of crypto companies, the media outlet Livecoins explained that the call was a de facto snub for crypto players….
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El Salvador’s Bitcoin City Has Not Been Shelved, Say Bukele-linked Bitcoiners
Published on may 2, 2023
An El Salvador government-linked organization has rubbished claims that the nation’s ambitious plans to build a haven for bitcoiners have been shelved.
Late last month, a number of Twitter-based individuals claimed that they had come across documentary evidence that the Ministry of Public Works had confirmed that the Bitcoin City project “does not exist.”…
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El Salvador Begins Bitcoin & Lightning Dev Courses – Who Are the ‘Rock Star’ Teachers?
Published on april 25, 2023
El Salvador’s government has announced that it has begun training Bitcoin (BTC) and Lightning Network developers as state-backed courses get underway.
In a tweet, the National Bitcoin Office (ONBTC), a government body that answers to El Salvador President Nayib Bukele, explained that 54 students had “made the grade” for the inaugural course.
The course will begin with a “preparatory phase” that will “cover economics, monetary history, theory, and more.”…
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Argentina Approves First LATAM BTC Futures Offering – Are Regulators Softening Bitcoin Stance?
Published on april 17, 2023
Argentina’s financial markets regulator has approved the Latin America region’s first Bitcoin (BTC) futures contract offering.
In an official notice from the Comisión Nacional de Valores (National Securities Commission or CNV), the regulator explained that it had approved the trading of futures contracts on the Matba Rofex Bitcoin Index.
The CNV specified that negotiation and settlement would be carried out in Argentine pesos….
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Brazil’s Santos FC Token to Enter Gaming World – A New Start for Football Fan Tokens?
Published on april 17, 2023
The Brazilian football (soccer) giant Santos FC has announced it will apply its fan token to a Web3-and metaverse-enabled “gaming environment.”
The token, named Santos Fan Token (SANTOS), was launched in late 2021.
Per an official release from TOPGOAL and a report from Livecoins, the football club has become the first to partner with the metaverse gaming firm TOPGOAL and Binance’s fan token arm….
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Venezuela’s Maduro Purges Crypto Offices of ‘Mafia’ Influences – ‘Hundreds’ Arrested
Published on march 22, 2023
Venezuela’s President Nicolás Maduro says he has “purged mafia influences” from his government’s crypto regulators – after overseeing the arrest of one of his former right-hand men.
Earlier this week, Maduro green-lighted the arrest of Joselit Ramírez, the head of the Superintendencia Nacional de Criptomonedas (Sunacrip). Sunacrip is the government body that supervises crypto-related policy….
Read More: Venezuela’s Maduro Purges Crypto Offices of ‘Mafia’ Influences – ‘Hundreds’ Arrested
Increase in Number of LATAM Workers Choosing to Get Paid in Crypto
Published on february 17, 2023
More Latin American (LATAM) workers than ever are choosing to get paid in crypto, a new report has found – with suggestions that crypto winter has done little to dampen adoption in the region.
Bloomberg Linea reported that, per the Deel Lab for Global Employment’s Global Recruitment Report, between January and December 2022, the number of remote workers choosing to get paid in crypto rose from 61% to 64%….
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Blockchain Technology: The Future of Latin America's Financial System
Published on january 30, 2023
Roger Manuel Benites is a development director at The Blockchain Center, a 503(c) non-profit organization specializing in the education and adoption of blockchain, cryptocurrency, and digital asset technologies.__________…
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LATAM Payments Giant Mercado Pago Launches Fresh Crypto Adoption Drive
Published on january 25, 2023
The Latin American e-commerce heavyweight Mercado Libre has taken another step into the world of crypto – and will pay its customers to refer friends to the crypto trading service on Mercado Pago, its e-pay app.
Mercado Libre is often dubbed the LATAM Amazon, and has hundreds of millions of users across the region. It began accepting bitcoin (BTC) as a means of payment back in 2021….
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El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
Published on january 12, 2023
El Salvador’s congress has passed a digital securities law that would allow the nation to issue Bitcoin-backed bonds, also known as Volcano Bonds.
The Legislative Assembly of El Salvador approved the bill by 62 votes to 16 on January 11. The bill will become law after being ratified by President Bukele….
Read More: El Salvador Has Just Approved Law to Allow it to Issue Bitcoin Denominated Bonds
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