Cryptonews Tags Latin America

# Latin America (Page 10)

Uruguay Senator Sartori Unveils Crypto Adoption and Regulation Bill

A powerful young Uruguayan entrepreneur and senator has launched a bid that might ensure that businesses in the country can legally accept crypto as payments.Juan Sartori, 40, is the founder of the Union Group conglomerate and the co-owner and director of the British football club Sunderland AFC....

Chinese, Taiwanese Bitcoin Miners Eyeing Paraguay Move

Chinese bitcoin (BTC) miners are reportedly preparing to flock to Paraguay in their droves – with reports claiming that there could be half a million rigs online in the nation in the next three years if regulators do not block miners’ progress, with some industrial players already...

Demonstrators Hold Bitcoin Protest Outside El Salvador Parliament

A group of protesters has taken to the streets outside the National Assembly in El Salvador to voice their disdain for President Nayib Bukele’s Bitcoin Law, an act that will make bitcoin (BTC) legal tender as of September.Opposition voices have made their feelings clear in the nation’s...

Unconfirmed Stablecoin Report Brings Confusion Amid Bukele’s Bitcoin Law

A Salvadorian economist has hit out at President Nayib Bukele and his younger twin brothers – after a report claimed that the Bukele family has been secretly planning the release of a stablecoin and a crypto wallet.Per El Diario de Hoy’s website ElSalvador.com, economist Tatiana...

Constitutional Lawyer Attacks Bukele’s Bitcoin Adoption Plan

A constitutional lawyer has questioned the legality of El Salvador President Nayib Bukele’s bid to make bitcoin (BTC) legal tender alongside the United States dollar.Per ElSalavador.com, the website of the El Diario de Hoy newspaper, the constitutional lawyer Enrique Anaya has claimed that...

Pundits Label Paraguayan MP’s Crypto Bill a ‘Huge Nothing Burger’

Twitter-based crypto fans say they are underwhelmed by the details of a crypto-themed private member’s bill unveiled yesterday by the Paraguayan MP Carlos Rejala.Rejala had first started tweeting about the draft legislation in the wake of the launch of a Salvadorian bill that will in a few...

Paraguayan MP’s ‘Leaked’ Crypto Bill Makes No Mention of Bitcoin

Details of a Paraguayan private member’s bill that its author promised would bring bitcoin (BTC) and crypto into the national economy have allegedly been leaked to the media hours before they were due to be unveiled.The alleged bill is the brainchild of the Paraguayan MP Carlos...

Paraguayan MP To Test BTC Bill This Week, JPMorgan Questions Bukele’s Move

Traditional financial analysts are pouring uninformed scorn on El Salvador’s President Nayib Bukele’s bitcoin (BTC) adoption plans – while a Paraguayan MP says he has backing from a senator in his bid to launch a similar project in his own country.One of the most vocal of the...

Cryptonews.com Launches in Latin America

Cryptonews.com has taken another global step, this time towards the Hispanic community - by launching its tenth franchise and bringing crypto news and insights to those already within the crypto universe, as well as reaching out to those outside of it. As the Spanish version went live, a...

, by Sead Fadilpašić

Global Tax Deal Gets Closer, USD 200M For Mercado Bitcoin + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____Tax newsA group of 130 nations, representing more than 90% of global GDP, has agreed to a global minimum tax (GMT) on corporations...

, by Linas Kmieliauskas

The US Steps Up Political Pressure On El Salvador Amid Bitcoin Plans

The US is now seemingly increasing pressure on El Salvador that is pushing forward with its plans to adopt bitcoin (BTC) as legal tender alongside the US dollar. Tensions have been rising between El Salvador’s President Nayib Bukele and the Joe Biden administration in the United States, and...

El Salvador’s State-issued Bitcoin App to Have B2B, B2C Versions

Bitcoin (BTC) is set to be adopted as legal tender in El Salvador in a matter of several weeks, and the government is forging ahead with building the infrastructure it feels needs to be in place beforehand – including a much-vaunted app that will function as a payments platform and a BTC...

El Salvador Gov’t: We’re Giving out Bitcoin – but Don’t Convert it to Fiat

El Salvador government officials said that the bitcoin (BTC) they plan to give away in forthcoming airdrops is for spending, not for converting into USD via crypto ATMs.Per ElSlavador.com, the website of the El Diario de Hoy newspaper, the government, spurred on by the bullishly pro-crypto...

El Salvador Will Be a Serious Test for Bitcoin’s Layer-2 Networks

The adoption of legislation in El Salvador that could help foster the further development of bitcoin (BTC) as a store of value and medium of exchange in the country is one of the most important developments in the entire history of cryptocurrencies. This is the closest a country has ever come to...

, by Kyle Torpey

Bitcoin Starts Legal Tender Test on Sept 7 With a BTC Airdrop

The most popular cryptocurrency, bitcoin (BTC), will become legal tender on September 7 and will be optional for those who don't want to receive it, El Salvador's President Nayib Bukele said in a national address today (UTC time).He stressed that BTC will help to create new jobs, bring investments,...

, by Linas Kmieliauskas

Thinkers Suggest Launching a Pan-Central American Digital Currency

El Salvador’s pending adoption of bitcoin (BTC) as legal tender has set Central American thinkers to question whether the region could seek to compete with other economies by launching a joint-central bank-run digital currency for use around the region.In a column for the Salvadorian...

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