LATAM News (English)

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

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

Published on january 27, 2023

Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting an unprofitable business in Paraguay. […]

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

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El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says

Published on january 24, 2023

The president took the media to task for not covering the repayment.

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Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction

Published on january 23, 2023

Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency.

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How I Introduced My Younger Sister To Bitcoin

Published on january 15, 2023

For my sister’s eighteenth birthday, I gave her the gift of bitcoin and some lessons on becoming a sovereign individual.

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Seven Factors Bitcoin Investors Should Watch In 2023

Published on january 15, 2023

A look ahead at what’s in store for bitcoin in the coming year. We analyze seven aspects of what might impact the bitcoin price in 2023.

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Bitcoin Mining Is Proving To Be A Lifeline For Africa’s Oldest National Park

Published on january 13, 2023

Virunga National Park, located in Eastern Congo, is mining bitcoin to preserve revenue in the face of disease and militia attacks.

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Miss Universe El Salvador Walks the Stage Holding Giant Bitcoin Staff

Published on january 12, 2023

“You don’t need a sash to walk around dressed as cash, like El Salvador,” said the pageant’s announcer.

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Miss Universe contestant represents El Salvador with Bitcoin-inspired costume

Published on january 12, 2023

“You don’t need a sash to walk around dressed as cash,” said the Miss Universe 2023 announcer as Alejandra Guajardo showed off her currency-themed costume.

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Dispatch From Guatemala's Bitcoin Lake, A Bitcoin Community Built On Grassroots Adoption

Published on january 12, 2023

Just a few hundred miles from El Salvador, Guatemala’s Bitcoin Lake contrasts state-led Bitcoin adoption with a promising grassroots model.

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