LATAM News (English)

These are English-language news items related to Bitcoin and LATAM (Latin America):

Fold Bitcoin Rewards App Announces Expansion Into El Salvador, Spearheading Latin American Operations

Published on may 15, 2023

A new office in El Salvador will make the company’s expansion into Latin America as seamless as possible.

[...]

US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill

Published on may 12, 2023

The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country’s Bitcoin Law was enacted.

[...]

U.S. Senators Introduce Bill Requiring Reports On El Salvador’s Bitcoin Adoption

Published on may 12, 2023

The reports will look to answer questions about the impacts of El Salvador’s bitcoin legal tender law on the U.S. and other countries.

[...]

Bitcoin Surfing Tourists Are Flocking to El Salvador—What’s the Big Deal?

Published on may 12, 2023

Murders have dropped massively in the Central American country, attracting lots of tourism. Thank its Bitcoin-loving president for the turnaround.

[...]

While Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price

Published on may 9, 2023

Bitcoin transaction fees haven’t been this high since April 2021.

[...]

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….
Read More: Brazil Central Bank CBDC Pilot Snubs Crypto Firms

[...]

Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8

Published on may 8, 2023

Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.

[...]

Bitcoin Is The Lifeline Argentina Desperately Needs

Published on may 8, 2023

Facing inflation, rising interest rates and reliance on the U.S. dollar, Argentina could solve many of its problems with Bitcoin adoption.

[...]

Argentina Bans Payment Apps From Offering Bitcoin to Customers

Published on may 5, 2023

The central bank said Thursday that payment platforms cannot offer crypto trading services to their customers.

[...]

The Business Case For Implementing Bitcoin’s Lightning Network

Published on may 5, 2023

While still a relatively-new technology, the Bitcoin Lightning Network offers distinct advantages for a wide range of business operations.

[...]