LATAM News (English)

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

How Successful Lightning Network Events Bring About Adoption

Published on february 16, 2022

Putting bitcoin to use as a payment processor onboards merchants, brings together Bitcoiners and shows the true power of the network.

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Crypto VC Investments in Latin America Grew Almost Tenfold in 2021 to $653M

Published on february 16, 2022

Consumer-facing crypto exchanges and retail trading platforms received the majority of funding, according to the Association for Private Capital Investment in Latin America.

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Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions

Published on february 15, 2022

The share purchase was made in the last quarter of 2021, according to a SEC filing.

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Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches

Published on february 15, 2022

The link between Latin American football and crypto is continuing to deepen this year – with a flurry of activity surrounding some of the region’s biggest football teams, star players, and its most heavily backed crypto exchanges.
Early this month, Tigres Femenil – the women’s football club arm of the UAL Tigres club, winners of the 2020 CONCACAF Champions League – confirmed it had sold a player in a crypto transaction….
Read More: Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches

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Coinbase Enables Mexican Users to Easily Cash Out of Crypto Sent to Them

Published on february 15, 2022

Users in the Latin American country will be able to save on fees by converting crypto sent to them into Mexican pesos at more than 37,000 physical stores.

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Bitso Expands to Colombia Amidst Growing Cryptocurrency Adoption in the Country

Published on february 15, 2022

Bitso, a Mexico-based cryptocurrency exchange, is expanding and strengthening its push into the Colombian market in the midst of growing interest in these new technologies in the country. Bitso has appointed Emilio Pardo as a new country manager, to debut the start of operations in Colombia in partnership with Banco de Bogota. Bitso Enters Colombian […]

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Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans

Published on february 14, 2022

The Colombian government wants citizens to declare their crypto holdings – but industry figures claim this will just force crypto advocates and their coins onto overseas platforms….
Read More: Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans

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Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M

Published on february 14, 2022

Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million (€263 million) investment, giving the legacy financial institution an additional 21.7% interest in the Brazilian startup, according to a press release on Monday (Feb. 14). BBVA anticipates the new deal will close before the end of February. BBVA has held a […]

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Bitcoin City: The Bizarre History of Libertarian Attempts to Create Independent Cities

Published on february 13, 2022

Harry Hobbs, Senior Lecturer, the University of Technology Sydney. _____
Late last year, El Salvador’s president Nayib Bukele announced plans to build “Bitcoin City” – a tax-free territory in the country’s east.
The city will use bitcoin (BTC) and be powered by the nearby Conchuagua volcano. According to Bukele, there will be:…
Read More: Bitcoin City: The Bizarre History of Libertarian Attempts to Create Independent Cities

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El Salvador’s Bitcoin Law: Understanding alternatives to government intervention

Published on february 12, 2022

Last year El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. Now, it’s time to promote mainstream adoption from the ground up.

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