LATAM News (English)

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

El Salvador explores low-interest loans backed by Bitcoin

Published on january 20, 2022

The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country.

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Strike wallet is 5th most popular finance app in Argentina, but where’s the BTC?

Published on january 18, 2022

“The best monetary network in human history is here, it’s open, and will disrupt the world quicker than anyone thinks. Open networks win,” said Strike CEO Jack Mallers.

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Brazil’s Hashdex to Launch DeFi ETF—The Sixth Crypto ETF in Brazilian Market

Published on january 18, 2022

Following the successful launch of five other crypto ETFs in Brazil, investors in the South American nation will now be able to trade an ETF that tracks the most promising products in DeFi.

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El Salvador Government Advisor Mónica Taher Is Empowering Women Through Bitcoin

Published on january 17, 2022

Taher, an advisor for the government of El Salvador, discusses how Bitcoin can be a critical tool for empowering women in Latin America.

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Bitcoin Daily: Crypto Investors Flock to Puerto Rico for Tax Breaks; Competition, Bitcoin Value Drop May Impact Crypto Miner IPOs

Published on january 16, 2022

Crypto miners scheduled to go public will probably face some adversity in the next few months as bitcoin sees its price fall, according to a Friday (Jan. 14) CoinDesk report. The drop in crypto prices could affect Core Scientific, which wants to go public through a special purpose acquisition company (SPAC) merger with Power & […]

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Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency

Published on january 16, 2022

Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The plan is to turn the city into a cryptocurrency-friendly hub, and there are other tax incentives that will also be put […]

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2021: A year of mass adoption for cryptocurrencies in Brazil

Published on january 15, 2022

2021 was a year of affirmation for the Brazilian crypto market with good news in the national stock market, the promise of a CBDC and Brazilian soccer joining the game.

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First Cryptocurrency ATM Reportedly Installed in Uruguay

Published on january 15, 2022

The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose primary avenue for purchasing crypto relies on peer-to-peer markets. Uruguay Enters the […]

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Strike App Won’t Support Bitcoin in Argentina

Published on january 14, 2022

The company trumpeted its expansion into Argentina earlier this week, but the Lightning Network-powered app is only supporting Tether’s stablecoin in the country.

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Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin

Published on january 14, 2022

Rio is giving a discount if you pay taxes with bitcoin, and putting 1% of their treasury into crypto.

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