President Bukele has received legal permission to step down and run for re-election, with an interim president appointed to finish the rest of his first term.
Latin America - Bitcoin News Related To Latin America
Latin America
First Mover Americas: Spot Bitcoin ETFs in Brazil Find Hefty Demand
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Milei’s Presidency: Implications For Argentina, El Salvador, And Bitcoin Adoption
Many are excited about the potential for a second Bitcoin President in Latin America, but there are reasons to be more skeptical and cautious before cheer leading.
Argentina Has a New Pro-Bitcoin President—Who Is Javier Milei?
Facing spiralling inflation and a rapid decline in the value of the peso, Argentina has elected pro-Bitcoin Javier Milei as President.
Bitcoin in Cuba: Why some Cubans are adopting BTC to escape ‘The Matrix’
Private businesses in Cuba could be poised to benefit from the cryptocurrency revolution in one of the world’s harshest business environments.
Strike Launches Instant, Cheap Remittances To Mexico Using Bitcoin Lightning
Millions of Mexican citizens will now be able to leverage bitcoin to dramatically reduce the costs of receiving money from the U.S.
Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown
In the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with Bitget, a crypto derivatives exchanges.
The American regulator filed lawsuits against both Binance, the globe’s largest cryptocurrency exchange, and Coinbase, the largest US-based crypto exchange, in the past days. …
Read More: Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown
El Salvador’s Bitcoin Mining Industry Sees Tether Join its $1 Billion Venture
After the massive losses that followed the collapse of the crypto exchange FTX, users lost confidence in lending, custody, and cryptocurrency service providers.
The fear of losing assets, as with FTX, plagues people’s minds after the commotion.
Some experts believe it will take a while for fear, uncertainty, and doubt (FUD) to clear from people’s minds.
It is a critical time for crypto firms as many are experiencing the effects of the FUD caused by the FTX collapse. …
Read More: El Salvador’s Bitcoin Mining Industry Sees Tether Join its $1 Billion Venture
El Salvador Unleashes “Volcano Energy” With 241 Megawatt Planned Bitcoin Mining Operation
The country of El Salvador is harnessing its energy resources and constructing a renewable power generation park to fuel the growth of Bitcoin mining.
Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Tether announces a sustainable Bitcoin mining project in Uruguay, Brazil’s President Lula proposes a shift away from the U.S. dollar, and Argentina advances its de-dollarization push. Tether Announces Sustainable Bitcoin Mining Project in […]
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