LATAM News (English)

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

Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros

Published on december 27, 2021

Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.” Ricardo Salinas Pliego Recommends Investing in Bitcoin, Says Avoid Fiat Money Mexico’s third-richest […]

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Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela

Published on december 27, 2021

The pensioners of the state-owned oil company of Venezuela, PDVSA, have started receiving a Christmas bonus in petros (PTR), the first national cryptocurrency launched back in 2018. The petro, which is backed by Venezuelan oil and other resources, can be traded in local exchanges for these pensioners to access fiat currency, as the reach of […]

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Some Salvadorans claim funds are missing from their Chivo wallets

Published on december 27, 2021

“No tech support and only useless calls, where is my money,” said Luis Guardado in a direct appeal to El Salvador President Nayib Bukele.

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El Salvador's Controversial Bitcoin Year: A Timeline

Published on december 27, 2021

El Salvador’s Bitcoin embrace has been one of the biggest stories in the crypto industry in 2021. Here’s what has happened since.

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Deep Dive: How Legacy FIs Can Look to PSPs, Digital Transformation to Compete in Latin America

Published on december 27, 2021

Consumers in Latin America have embraced online banking tools in increasing numbers over the past few years, and the pandemic is accelerating this trend as more consumers test out emerging digital-first financial solutions. Recent studies highlight banking services’ low penetration in the region, however, with one report finding that 70% of LatAm consumers do not […]

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Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin

Published on december 27, 2021

A Colombian real estate platform is now allowing users to purchase properties with Bitcoin. The platform, called La Haus, is promoting bitcoin payments for a new real estate project in Santa Marta, called Natura City. This is an expansion of the platform, which has already established such a service in Mexico. La Haus to Allow […]

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Vitalik Buterin Speaks To Argentina: “Decentralization Goes Far Beyond Money” | Bitcoinist.com

Published on december 26, 2021

Reportedly, Vitalik Buterin went to Buenos Aires to experience inflation first-hand. Argentina’s Ethereum community embraced the creator and treated him like

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Bukele 'Has Not Responded' to Claims of Bitcoin Vanishing From Citizens' Wallets: Report

Published on december 24, 2021

In the latest in a long line of problems plaguing El Salvador’s Bitcoin embrace, locals are reporting that their Bitcoin is vanishing from their accounts.

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President Bukele fires back at critics on ‘Bitcoin experiment’

Published on december 24, 2021

The adoption of Bitcoin is changing El Salvador’s economic landscape, according to the Salvadoran president.

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Bitcoin Daily: Paraguay Lawmakers Could Approve Crypto Regulations in 2022; Bitcoin’s ‘1%’ Controls Most of the Cryptocurrency’s Wealth

Published on december 23, 2021

Cryptocurrency in the South American nation of Paraguay could be facing new rules in the new year. The measure was approved by Paraguay’s Chamber of Senators last summer. Under the legislation, virtual assets are defined, and a license would be required to mine cryptocurrencies. It will now be considered by the country’s Deputy Chamber. The […]

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