LATAM News (English)

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

Brazil Imposes Stricter FinTech Rules

Published on march 11, 2022

The Central Bank of Brazil unveiled stricter regulations for FinTech firms Friday (March 11), imposing regulations based on the size and complexity of these companies and creating tougher standards for required capital. Reuters reports the new rules will begin taking effect in January 2023 and are due to be fully implemented by January 2025. The […]

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Bitcoin Was Made For This: The Apex Of Apolitical

Published on march 10, 2022

The entirety of Bitcoin’s existence is dedicated to its usability by anyone regardless of their intent.

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How Millennial, Gen Z Consumers Are Shaping Latin America’s Digital-First Banking Future

Published on march 9, 2022

More than half of young Brazilian consumers are now neobank customers, and legacy FIs are rethinking how to engage with this key demographic. Banco do Brasil’s Neudson Freitas explains why the local banks are turning to “super apps” and open finance to win them over.

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El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits

Published on march 8, 2022

On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.
The reforms are likely to center on ways the state can issue bitcoin bonds – which Bukele and his government said they hope will fund the construction of the Bitcoin City project. The new city will be a tax-free haven for international bitcoiners….
Read More: El Salvador’s Bukele Says 52 Bitcoin Reforms Are ‘In the Oven’, Critics Hit Out at Lack of Adoption Benefits

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You Would Understand Bitcoin if You Were Under Cuba’s Embargo

Published on march 8, 2022

More than 60 banks and fintechs rejected me just for my nationality. Bitcoin fixes that.

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Venezuela Pegs Minimum Wages to National Cryptocurrency: Report

Published on march 4, 2022

The venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC.

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Central Bank of Brazil Selects Partners to Assist With CBDC

Published on march 3, 2022

The initiative seeks to evaluate use cases for a Digital Real and its technological feasibility, according to Brazil’s monetary authority.

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Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension

Published on march 2, 2022

Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region, damaging their capability to move funds, which is highly […]

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El Salvador's President Bukele Silent on Ukraine War

Published on february 28, 2022

Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine.
ElSalvador.com, the online edition of the newspaper El Diario de Hoy – hostile to Bukele’s government on most matters – reported that there had been an “unexplained silence and indeterminacy” from Bukele….
Read More: El Salvador’s President Bukele Silent on Ukraine War

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Bitcoin Is The Voice Of The Dissatisfied Soul

Published on february 28, 2022

Transcending time and place, Bitcoin is a universal expression of discontent with the monetary status quo.

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