LATAM News (English)

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

Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin

Published on march 28, 2022

A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April.

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Today in Crypto: India Passes Crypto Tax Legislation; Deloitte, Coinbase to Acquire Brazil’s 2TM

Published on march 27, 2022

Thanks to a new tax proposal passed by India’s Parliament, in one week, residents of India will have to pay a capital gains tax of 30% on crypto transactions, CoinDesk reported Friday (March 25). Per the report, this resulted in “uproar and disappointment” from those in the industry. Aside from the capital gains tax, Indians […]

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Why Bitcoin Has No Competition

Published on march 27, 2022

The competition breaks the first rule that makes Bitcoin so powerful in the first place.

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4 Reasons Why Bitcoiners Should Pass on El Salvador's Bitcoin Bond

Published on march 25, 2022

El Salvador’s much-hyped volcano bond doesn’t hold up to scrutiny.

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After Buying $500 Million Of Bitcoin, What Will Luna Do With It?

Published on march 25, 2022

Luna has purchased more than 11,700 bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly?

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President Bukele hits out at Bitcoin Bond 'FUD' as CZ jets in to El Salvador

Published on march 24, 2022

El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion ‘volcano bond.’

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Bukele Slams US Bill That Targets 'Potential Risks' of El Salvador’s Bitcoin Law

Published on march 24, 2022

U.S. senators will now vote on the bill—and President Bukele isn’t happy.

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El Salvador postpones Bitcoin bonds to September: Report

Published on march 23, 2022

Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well.

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El Salvador Postpones Planned Bitcoin Bond: Report

Published on march 22, 2022

The country’s finance minister said the launch could be postponed to as late as September, according to Reuters.

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Mercado Libre Boosts Its Billion-Dollar Brazil Investment

Published on march 22, 2022

South American eCommerce firm Mercado Libre is boosting its investment in Brazil by 70% this year, planning to spend 17 billion reais ($3.44 billion), as part of a move to expand and consolidate business in Latin America’s largest country. As Reuters reported Tuesday (March 22), the Argentine company said a “significant” portion of the funds […]

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