Cryptonews.com

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….
Read More: LATAM Payments Giant Mercado Pago Launches Fresh Crypto Adoption Drive

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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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Argentina Wants Citizens to Declare Their Crypto Holdings

Published on january 10, 2023

Argentina’s finance ministry is set to launch a draft bill that would essentially force citizens to declare their crypto holdings – or risk paying hefty tax penalties.
Per Errepar, the bill has been spearheaded by Sergio Massa, the Minister for the Economy. The draft law aims to tighten the country’s money laundering rules. It will be tabled in the upcoming parliamentary session, where the ruling Frente de Todos coalition has a slender majority….
Read More: Argentina Wants Citizens to Declare Their Crypto Holdings

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Australia Now Home to More Crypto ATMs Than El Salvador – How Does This Impact Adoption?

Published on january 3, 2023

The number of crypto ATM machines in Australia has hit new highs over the past four months, surpassing El Salvador, the country where bitcoin (BTC) is legal tender. What’s more, two other countries overtook El Salvador: Spain and Poland.
Per Coinatmradar.com, the top 3 countries by the number of installed crypto ATMs are the US, Canada, and Spain, with 33,950, 2,649, and 273 locations, respectively. The difference in the numbers between these countries is vast. …
Read More: Australia Now Home to More Crypto ATMs Than El Salvador – How Does This Impact Adoption?

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Brazil Legalizes Crypto Payments, 'Setting the Stage for Greater Bitcoin Adoption'

Published on december 23, 2022

The President of Brazil Jair Bolsonaro signed a bill making bitcoin (BTC) and other cryptoassets a legal and regulated payment option in the country – and this move, an expert says, “sets the stage for greater bitcoin adoption.”…
Read More: Brazil Legalizes Crypto Payments, ‘Setting the Stage for Greater Bitcoin Adoption’

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Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason

Published on december 9, 2022

American venture capitalist and billionaire Tim Draper argues that bitcoin (BTC) will lead El Salvador to become one of the richest countries in the world.
In an interview with investor Anthony Pompliano, published on Monday, Draper discussed governments turning to bitcoin and adopting ‘the Bitcoin economy’, as well as the benefits of that move. …
Read More: Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason

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El Salvador President Nayib Bukele Lashes Out at ‘Mainstream Media’ for Spreading Lies About the Country’s Bitcoin Investments

Published on december 6, 2022

El Salvador President Nayib Bukele has slammed “the mainstream media” over their attacks on the country’s move to adopt Bitcoin as a legal tender.
The statement came in a response to a recent tweet by Bloomberg that claimed Bukele’s move to promote Bitcoin as a “solution to the country’s economic problems” has failed miserably….
Read More: El Salvador President Nayib Bukele Lashes Out at ‘Mainstream Media’ for Spreading Lies About the Country’s Bitcoin Investments

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El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him

Published on november 18, 2022

In a bid to exploit the recent crypto meltdown, El Salvador’s President Nayib Bukele and Tron Founder Justin Sun plan to Bitcoin at a pace of one coin per day starting today.
In a Thursday tweet, President Nayib Bukele announced the news, pledging to acquire one BTC per day starting Friday, November 8. “We are buying one Bitcoin every day starting tomorrow,” he said….
Read More: El Salvador President Says Country Will Buy ‘One Bitcoin Every Day’, Billionaire Justin Sun Joins Him

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El Salvador’s Bukele Says FTX Is ‘the Opposite of Bitcoin’

Published on november 15, 2022

The President of El Salvador Nayib Bukele has called FTX the “opposite” of bitcoin (BTC). And the leader has equated the exchange’s chief Sam Bankman-Fried with notorious financial criminals like Charles Ponzi and Bernie Madoff.
Bukele has been relatively quiet on all things bitcoin-related in recent months – with the value of his nation’s BTC investment plummeting along with market prices….
Read More: El Salvador’s Bukele Says FTX Is ‘the Opposite of Bitcoin’

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Panama Eyes Bitcoin & Crypto to Spark Tech Investment

Published on march 22, 2022

Bitcoin (BTC) and crypto adoption on a state level may soon extend beyond El Salvador, with politicians elsewhere in the Americas – and even one European royal – mulling moves that could see the cryptocurrency brought into their financial systems in some form or other….
Read More: Panama Eyes Bitcoin & Crypto to Spark Tech Investment

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