These are English-language news items related to Bitcoin and LATAM (Latin America):
LATAM News (English)
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Junk-Rated El Salvador’s ‘Bitcoin Bonds’ Look Explosive (Think Volcano)
Published on november 22, 2021
Anyone buying Salvador’s bitcoin-backed bond is betting on the cryptocurrency in a very big way, ignoring the country’s distressed-debt situation, one strategist said.
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El Salvador's President Nayib Bukele To Speak At Bitcoin 2022 Conference
Published on november 22, 2021
Bukele will share his experience in pursuing a Bitcoin standard while challenging the assumptions of international bodies.
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Deep Dive: How Payment Providers Can Make the Most of the Latin American Cross-Border Payments Opportunities
Published on november 22, 2021
eCommerce has made important gains in Latin America during the pandemic, with one report projecting that eCommerce sales in this region will exceed $270 billion by the end of the year. Another study predicted that the number of digital shoppers will rise to 77 million in Mexico alone by 2025, up from 50 million this […]
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Central Bank of Peru Will Develop a Digital Currency
Published on november 22, 2021
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments. However, Velarde also acknowledged this was not […]
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El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
Published on november 22, 2021
El Salvador’s government has announced plans to build a carbon-neutral, income tax-free, bitcoin (BTC)-themed city at the base of a volcano where will be mining the token using geothermal power. And its plans to use a new USD 500m bitcoin bond plan to fund the new project have been met with a mixture of positivity and scorn by the crypto community….
Read More: El Salvador’s Bitcoin City, BTC Bonds Plans Met With Mixed Reaction
El Salvador Plans to Build Tax-Free Bitcoin City
Published on november 21, 2021
El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin a legal tender, will issue $1 billion in tokenized U.S.-dollar denominated 10-year bonds to pay 6.5% through the Liquid Network, according to the report. Half of the funds will be converted to […]
[...] Bitcoin Daily: Hillary Clinton Critiques Bitcoin; Cryptocurrency Transactions Now Taxed in Argentina
Published on november 21, 2021
Former Democratic presidential candidate Hillary Clinton has a skeptical view of bitcoin, saying there are worries that it could undermine the dollar, Bitcoin Magazine reported. “What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them has the potential for undermining currencies, for undermining the […]
[...] Bitcoin Daily: Hillary Clinton Critiques Bitcoin; California Man Sentenced on Crypto Money Laundering Charge; El Salvador Plans Sovereign Bitcoin Bond; Bitcoin Could See Worst Week in Months
Published on november 21, 2021
Former Democratic presidential candidate Hillary Clinton has a skeptical view of bitcoin, saying there are worries that it could undermine the dollar, Bitcoin Magazine reported. “What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them has the potential for undermining currencies, for undermining the […]
[...] El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’
Published on november 21, 2021
President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world. The city would feature no taxes of any kind except VAT, and it would be carbon neutral, with most of the energy powering it coming from geothermal sources. Bukele also […]
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Venezuelans promised Axie Infinity scholarships for crypto training courses
Published on november 21, 2021
The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country.
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