LATAM News (English)

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

Bitcoin Educational Center Launches in El Salvador

Published on february 2, 2022

The initiative by Paxful will teach Salvadorans about Bitcoin and related topics for free.

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El Salvador Turns to the US-based AlphaPoint in Bid to Bolster its Chivo Bitcoin App

Published on february 2, 2022

The Salvadoran government is attempting to reboot its Chivo bitcoin (BTC) app and wallet – by teaming up with the USA-based crypto firm AlphaPoint.
In an official notice, the government wrote that the firm was now “providing technology for Chivo Wallet, the first national digital wallet in the world.”…
Read More: El Salvador Turns to the US-based AlphaPoint in Bid to Bolster its Chivo Bitcoin App

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Colombia clamps down on crypto tax evasion as adoption thrives

Published on february 2, 2022

Colombia’s tax authority is tightening the screw on Bitcoin and cryptocurrency-related tax evasion against a backdrop of burgeoning cryptocurrency adoption.

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Latin America’s Digital Payments Transformation Passes the ‘Grandma Test’

Published on february 2, 2022

To get a sense of the inroads digital payments have made in Latin America, Aron Schwarzkopf, CEO of Kushki, told Karen Webster: Just use the “grandma test.” All manner of younger, tech-savvy early adopters, spurred by the pandemic, have moved online to use apps and digital wallets to transact. But an increasing number of older […]

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Colombian Tax Authority Tightens Control Over Cryptocurrency Usage

Published on february 2, 2022

The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization seeks to detect any taxpayers that have used crypto assets and failed to report these activities, or reported them erroneously. This action seeks to thwart cryptocurrency-related tax […]

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El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs

Published on february 1, 2022

Seeking a permanent solution for over 4 million BTC users, the government of El Salvador focuses on Chivo wallet’s stability and uptime, scalability and social impact.

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El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender

Published on february 1, 2022

El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is going to make us do anything, anything at all.” El Salvador Says No to IMF on Bitcoin The government of El Salvador has rejected a recommendation […]

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