LATAM News (English)

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

El Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 Weeks

Published on september 21, 2022

The bond repurchase is seen as an attempt by El Salvador to dispel rumors of a potential default on its debt.

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Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s

Published on september 19, 2022

The Canadian bitcoin miner started up production at its 10th site.

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Bitcoin Limits External Influence On South America

Published on september 18, 2022

World powers are fighting to influence policy in South America, but bitcoin prevents outside powers from exerting subversive pressure in the region.

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El Salvador's pro-Bitcoin president Nayib Bukele announces reelection bid

Published on september 16, 2022

Bukele says that despite past laws which prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations.

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El Salvador’s Bitcoin-Loving President Bukele to Run for Re-Election

Published on september 16, 2022

Nayib Bukele announces that he will seek reelection, while ratings agency Fitch downgrades El Salvador’s debt rating to CC.

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El Salvador's Debt Rating Cut to CC at Fitch

Published on september 16, 2022

Ratings company Fitch downgraded El Salvador’s long-term foreign currency issuer default rating (IDR), saying it is likely to default on a bond repayment due January.

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One Year of Bitcoin in El Salvador: The Bad, The Good and The Ugly

Published on september 15, 2022

Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s Bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs, says David Z. Morris.

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El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond

Published on september 12, 2022

The offers have been viewed as an attempt to counter speculation about a potential default by the country.

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What El Salvador’s Bitcoin Law Has Brought To The Country

Published on september 7, 2022

The adoption of bitcoin as legal tender has introduced some controversy — but also undeniable benefits to the country.

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One Year Later: The Success Of Making Bitcoin Legal Tender In El Salvador

Published on september 7, 2022

One year since adopting bitcoin as legal tender, El Salvador’s grand experiment is having a wide range of success.

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