LATAM News (English)

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

Bolivian Central Bank ‘Bans’ Crypto, Says Tokens ‘Have No Place in Domestic Market’

Published on january 14, 2022

The Bolivian central bank has moved to “ban” the use of crypto in the nation – and has issued warnings about what it perceives to be the “risks” involved with investing in cryptoassets such as bitcoin (BTC)….
Read More: Bolivian Central Bank ‘Bans’ Crypto, Says Tokens ‘Have No Place in Domestic Market’

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Rio de Janeiro Eyes Treasury Investment in Crypto and Discounts for Taxes Paid in Bitcoin

Published on january 14, 2022

The mayor of Rio de Janeiro, Eduardo Paes, announced that the Brazilian city would be investing 1% of its Treasury in crypto.

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Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s

Published on january 14, 2022

The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.

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Nayib Bukele Is Not the Bitcoin Hero We Need

Published on january 14, 2022

New reporting has found strong evidence Salvadoran President Nayib Bukele has sought to undermine freedom of speech in the Central American nation. According to a joint investigation by Salvadoran news outlet El Faro, Toronto-based Citizen Lab and digital rights nonprofit Access Now, the cell phones of at least 22 of El Faro’s journalists were infected… [Read more]

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Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments

Published on january 14, 2022

Brazil’s former capital city, Rio de Janeiro, might start holding crypto in its treasury, its Mayor has revealed.
According to the newspaper O Globo, Mayor Eduardo Paes made the announcement during an event also attended by another pro-crypto mayor, Miami’s Francis Suarez. The duo were speaking about the challenges involved in transforming metropolises into technological hubs….
Read More: Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments

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Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin

Published on january 14, 2022

Rio de Janeiro mayor Eduardo Paes talked about Bitcoin with Miami mayor and BTC bull Francis Suarez at Rio Innovation Week.

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Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report

Published on january 14, 2022

The mayor of Rio de Janeiro, Eduardo Paes, plans to allocate 1% of the Brazilian city’s treasury reserves to bitcoin.

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Credit Rating Agency Moody’s Sounds Alarm on El Salvador’s Bitcoin Policy

Published on january 14, 2022

An analyst at Moody’s has said that El Salvador’s Bitcoin purchases add risk to El Salvador’s concerning sovereign credit outlook.

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Bitcoin App Strike In Argentina: Under The Hood

Published on january 13, 2022

The Lightning payments app’s launch in the South American country was received with some confusion.

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Apartment Bought In Mexico For 5.78 Bitcoin

Published on january 13, 2022

The purchase marks Latin American real estate market leader La Haus’ first home sale for bitcoin.

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