These are English-language news items related to Bitcoin and LATAM (Latin America):
LATAM News (English)
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Gresham's Law Does Not to Apply to Bitcoin In El Salvador
Published on october 5, 2021
The economic rule discussed in a previous article doesn’t take these two factors specific to bitcoin’s situation in El Salvador into account.
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Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro
Published on october 5, 2021
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may be able to purchase houses, cars, and even fast food at McDonald’s with cryptocurrency in the near future. Bill 2.303/15, which regulates cryptocurrencies, might approve […]
[...] Building On Bitcoin In Latin America
Published on october 5, 2021
Two Latin American developers discuss how their projects are building on the adoption of Bitcoin in the region.
[...] Bitcoin crosses $50K For The First Time Since El Salvador Adoption
Published on october 5, 2021
The Bitcoin price crossed $50,000 on Tuesday morning, almost one month after El Salvador adopted it as legal tender.
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Banco Central de Uruguay establece ‘plan de trabajo’ para regular los activos digitales
Published on october 4, 2021
El Banco Central del Uruguay (BCU) ha establecido un “plan de trabajo” para sentar las bases de la regulación de los activos digitales y de las empresas que forman parte de este mercado. El BCU planea terminar una propuesta antes de fin de año para modificar las disposiciones legales actuales que cubren los activos digitales… [Read more]
[...] Central Bank of Uruguay Establishes ‘Work Plan’ to Regulate Digital Assets
Published on october 4, 2021
The BCU plans to finalize a proposal to amend the current legal provisions covering digital assets and create a clear framework for their regulation by the end of the year.
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Brazil aims to tighten penalties for crypto-related financial crimes
Published on october 4, 2021
The penalties are part of a new piece of legislation that also regulates crypto trading and payments.
[...] Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
Published on october 4, 2021
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours after applying this measure, the bolivar lost more than 20% of its […]
[...] El Salvador Onboards 3 million Bitcoin Users As Price Rises
Published on october 4, 2021
El Salvador’s President Nayib Bukele confirmed that the Latin American nation has successfully onboarded over 3 million users to its Chivo wallet app in just 26 days.
[...] El Salvador introduces fuel subsidy of $0.20 per gallon to locals who pay in BTC
Published on october 4, 2021
El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per gallon to consumers who pay using BTC.
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