LATAM News (English)

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

South Carolina Delegation Goes On Bitcoin Exploratory Trip To El Salvador

Published on october 8, 2022

A group of business leaders along with the South Carolina State Treasurer traveled to El Salvador to learn about the country’s adoption of bitcoin.

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Visa Launches Bitcoin, Crypto Debit Cards In 40 Countries In FTX Partnership

Published on october 7, 2022

The partnership lets FTX exchange users in 40 countries easily spend their bitcoin and cryptocurrencies at any merchant that accepts Visa cards.

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Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas

Published on october 4, 2022

YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct from the initial stages of […]

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Argentina's State-Owned Energy Company Moves Into Crypto Mining

Published on october 3, 2022

YPF is currently supplying power for a 1 megawatt operation and plans to launch a second project eight times larger before the end of the year.

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Strike CEO: El Salvador’s Bitcoin Experiment Isn’t Over

Published on september 30, 2022

In an interview this week, bitcoin payments firm Strike’s CEO said that El Salvador’s bitcoin-as-legal-tender experiment hasn’t hurt his company in any way, noting that its only involvement with the project was him giving President Nayib Bukele advice. He also said that he thought it had been a success, in a CoinDesk interview on Thursday […]

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Why Argentina Is Saying, “Viva La Bitcoin Revolution!”

Published on september 28, 2022

For a country in which hyperinflation has become an expectation, bitcoin is a potential for real savings.

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Brazil’s Securities Regulator Targets Mercado Bitcoin Over Token Sale

Published on september 28, 2022

Latin America’s biggest crypto exchange needs to give the Brazilian Securities and Exchange Commission information on tokens it issued.

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El Salvador To Host Nonprofit Bitcoin Conference With Attendees From Over 30 Countries

Published on september 28, 2022

Adopting Bitcoin will see 110 speakers from 30 countries, including Mexican Senator Indira Kempis, discussing financial inclusion and technology.

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Fitch Says Bond Buy Won’t Lower El Salvador’s Default Risk

Published on september 23, 2022

El Salvador has repurchased more than $500 million of its bonds at a huge discount, but that may not lessen its risk of a default at the beginning of 2023. While the country’s experiment with bitcoin as a legal tender has largely been a failure, with almost no one reportedly using the cryptocurrency as a […]

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El Salvador's Bitcoin decision: Tracking adoption a year later

Published on september 23, 2022

El Salvador made history last year in September by making BTC a legal tender. One year later, the falling BTC prices and delayed Volcanic bonds have fueled skepticism.

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