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El Salvador Serves as a ‘Beachhead’ in Bitcoin Battleground, Says Samson Mow

Published on june 27, 2023

The JAN3 CEO Samson Mow has claimed that El Salvador can serve as a “beachhead” in the battle for global Bitcoin (BTC) adoption – and suggested other LATAM nations could “easily” follow the country’s lead.
El Salvador adopted BTC as legal tender in 2021, under the leadership of its Bitcoin-keen President Nayib Bukele.
In an interview with Swan, Mow conceded:
“There’s no easy solution to get a million people ramped up about Bitcoin.”
But he said:…
Read More: El Salvador Serves as a ‘Beachhead’ in Bitcoin Battleground, Says Samson Mow

Work Underway on El Salvador’s ‘Bitcoin City Airport’

Published on june 23, 2023

El Salvador has broken ground on the construction of an airport for its Bitcoin City project.
Around a month ago, the YouTuber Albert Sánchez uploaded what he claimed was aerial footage of construction crews working on the site.
The airport is to be known as the Pacífico Airport, but will also go by the moniker of Bitcoin City Airport….
Read More: Work Underway on El Salvador’s ‘Bitcoin City Airport’

Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown

Published on june 12, 2023

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

Published on june 6, 2023

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

Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar

Published on june 5, 2023

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 […]