The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000.
Milei presidential victory fuels optimism in Argentina’s Bitcoin community
The election of new Argentine President Javier Milei has given many in the local Bitcoin community cause for hope.
Tether plans major expansion into BTC mining with $500M investment: Report
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push.
Brazilian securities regulator plans sandbox for tokenization in 2024
Daniel Maeda with Brazil’s CVM said during Rio Innovation Week the regulator plans to explore a regulatory sandbox for use cases of tokenization potentially starting in 2024.
Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela
Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT.
Ripple partners with Colombia’s central bank to explore blockchain technology
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public.
Brazil’s president signs law aimed at having central bank regulate crypto firms
The decree authorizes the central bank to regulate and supervise virtual asset service providers, and ensures the country’s securities regulator will continue to handle many tokens.
Bitfinex partnership pushes crypto adoption in Latin America
Bitfinex announced a new investment in the Chile-based crypto exchange in an effort to boost crypto adoption in Latin America.
Not funny: Comedy club NFT debacle teaches lesson in transparency
What started with a comedy club would later become a notorious case of legal loopholes and frustration for the nonfungible token community.
Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals
Coinbase users in Brazil could previously only purchase crypto using credit cards.
ReFi for the People: How Crypto Can Help Local Communities Help Their Ecosystems
Proposed bill in Argentina encourages citizens to reveal crypto holdings
Argentines could soon be motivated with tax incentives to declare their crypto holdings as the government aims to tackle money laundering with a proposed new law.
Brazilian crypto industry gets regulatory clarity amid global uncertainty
The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.
Sam Bankman-Fried denies rumors that he fled to Argentina
SBF stepped down as CEO of FTX on Nov. 11 after initiating Chapter 11 bankruptcy proceedings in the District of Delaware.
El Salvador’s pro-Bitcoin president Nayib Bukele announces reelection bid
Bukele says that despite past laws which prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations.
Brazilian central banker describes how CBDC system can halt bank runs
In constructing its Real Digital, Brazil’s central bank is developing mechanisms that can freeze citizens’ conversion to CBDCs in the event of a bank run.
Argentines turn to Bitcoin amid inflation worries: Report
In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption.
Paraguay paves the way for crypto regulation despite internal opposition
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project.
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers.