These are English-language news items related to Bitcoin and LATAM (Latin America):
LATAM News (English)
or
P2P payments spurred crypto adoption across Venezuela in 2021
Published on february 12, 2022
Venezuelans tried to fight inflation this year by using cryptocurrencies on an unprecedented scale in the country.
[...]
Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts
Published on february 12, 2022
The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt collection was suspended during the Covid-19 pandemic period. […]
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Weeks Before Bitcoin Bond Launch, Fitch Slashes El Salvador’s Credit Rating
Published on february 11, 2022
Weeks before El Salvador is planning to launch a $1 billion bond issue, Fitch Ratings slashed its credit default rating from an already dismal B- to CCC. Along with a slew of specific financial worries — among them a worsening debt-to-GDP ratio, a still-high deficit, and an $800 million bond payment due next January — […]
[...] eCommerce in Latin America Showing Hypergrowth
Published on february 11, 2022
Interest in digital services such as video streaming is on the rise among Latin American consumers as online shopping quickly gains in popularity in the region. A recent study from global payments solutions provider EBANX predicted eCommerce sales in Latin America not only would rise 37% year-over-year from 2020 to 2021, but also maintain a […]
[...] Top Latin American exchange Bitso officially expands to Colombia
Published on february 10, 2022
Founded in 2014 in Mexico, Bitso is now officially present in Argentina, Brazil, El Salvador and Colombia.
[...] Living on a volcano: The outlook of El Salvador’s crypto mining industry
Published on february 10, 2022
El Salvador’s crypto mining potential is there but it will take some time and effort to come to fruition
[...] Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations
Published on february 10, 2022
“This funding mechanism will allow us to widen our donor base and reach a new generation of supporters,” said Corazón Latino founder Felipe Benitez.
[...] Fitch lowers El Salvador’s rating due to Bitcoin adoption
Published on february 10, 2022
“Policy unpredictability” and “adoption of Bitcoin as legal tender” are part of the reasons why the country received a downgrade from Fitch.
[...] Mexico Unicorn Clip on Mobile Wallets and the Digital-First Consumer
Published on february 10, 2022
Latin America’s online banking and payment ecosystem has expanded rapidly since the start of the pandemic, especially within Mexico, where rising rates of smartphone and internet penetration have pushed the adoption of digital wallets and related tools up. While a high portion of the country’s consumers remains unbanked and thus reliant on cash to make […]
[...] Puerto Rican Treasury Department Aims to Tax NFT Sales
Published on february 10, 2022
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also that the application of this regulation presents […]
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