These are English-language news items related to Bitcoin and LATAM (Latin America):
LATAM News (English)
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Software Is Eating The State
Published on december 23, 2021
Digital technology has an insatiable appetite for Analog Age social institutions, and Bitcoin will provide an exit for those inevitably seceding from the state.
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How 2021’s Digital Coming of Age Changed the Latin American Banking Space for Good
Published on december 23, 2021
Latin American consumers are ditching legacy banks in favor of service providers that better meet their mobile-first banking needs. In the Digitizing Payments In Latin American Playbook, Brad Liebmann, CEO of Brazilian FinTech alt.bank, discusses how outdated infrastructure is hampering the ability of legacy financial institutions (FIs) to satisfy consumers’ evolving needs.
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Paraguay moves a step closer to regulating digital currency
Published on december 23, 2021
A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay.
[...] An Essay From El Salvador: A Moment In Time For Bitcoin And A Country
Published on december 22, 2021
Bitcoin adoption in El Salvador has put the country in the news in a positive light, as the world watches their progress.
[...] Paraguay Lawmakers Could Approve Crypto Regulations in 2022
Published on december 22, 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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El Salvador Buys 21 Bitcoins on 21st Day of 21st Year of 21st Century
Published on december 22, 2021
Announcing the purchase on Twitter, the President also noted that the country’s land area is 21,000 square kilometers.
[...] LATAM Consumers Embrace Neobanks as Legacy Bank Infrastructure Stifles Digital Transformation
Published on december 22, 2021
A growing number of Latin American consumers are turning to digital-first payment and banking solutions in the wake of the pandemic, with one recent report finding that 62% of consumers in the region stated they used less cash last year compared to 2019. The use of contactless credit and debit cards also rose during the […]
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Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments
Published on december 22, 2021
The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of […]
[...] Lyn Alden on Bitcoin, El Salvador and the Unprecedented Macro Moment
Published on december 21, 2021
An end-of-year analysis from Lyn Alden, one of economics’ most interesting thinkers.
[...] Latin America’s Embrace of eCommerce, Digital Payments Marks Cultural Shift
Published on december 21, 2021
The adoption of digital payments and the number of people who are doing their shopping online has accelerated rapidly in Latin America this year. While the region still trails most parts of the world in terms of the percentage of people who have access to modern banking services, the gap is narrowing. For example, a […]
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