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Grassroots Crypto Adoption in Latin America Surges as Users Flock to Central Exchanges
16.10.2023
According to a new study, cryptocurrency adoption grows in Latin America as users leverage digital assets to offset currency devaluations and inflation.
A new Chainalysis report shows a growing adoption rate in Latin America following a surge of new use cases on a country-country basis and...
Grassroots Crypto Adoption in Latin America Surges as Users Flock to Centralized Exchanges
16.10.2023
According to a new study, cryptocurrency adoption grows in Latin America as users leverage digital assets to offset currency devaluations and inflation.
A new Chainalysis report shows a growing adoption rate in Latin America following a surge of new use cases on a country-country basis and...
Latam Insights: Venezuela and Argentina Leverage ‘Unique’ Crypto Use Cases, Brazilian Congress Advises Indicting CZ
16.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends indicting Binance CEO Changpeng Zhao, and...
Argentine Peso Plummets as Presidential Candidate Milei Compares It to Excrement, Gets Accused of Causing Bank Run
12.10.2023
The Argentine Peso has plummeted to record lows after Javier Milei, the presidential candidate that several polls give as the winner in the upcoming elections, said its value was lower than excrement. Milei, who has proposed to dollarize the country, ending the central bank, has been accused...
Latam Insights: Argentina Announces National Digital Currency While Peso Sinks, Volcano Energy Launches Lava Pool
9.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine government announces a national digital currency project, Volcano Energy launches Lava Pool, the first Salvadoran Bitcoin mining pool, and...
Argentine Peso Reaches Record Lows After National Digital Currency Push
5.10.2023
The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843 pesos per greenback. Massa stated he would send...
“CBDC to Aid Taxation” Argentina’s Central Bank Backs Massa’s Plan For a Digital Peso
5.10.2023
Argentina’s central bank has expressly backed Sergio Massa’s bid to roll out a Central Bank Digital Currency (CBDC) if elected President.
Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina explained that a ‘digital peso’ will offer multiple benefits for...
CBDC will improve tax collection — Argentine central bank director
5.10.2023
Juan Agustín D’Attellis Noguera publicly supported Sergio Massa in promoting a central bank digital currency as a remedy for the national economy
Argentina’s Presidential Candidates Bitcoin and CBDCs Debate Trigger Reactions
4.10.2023
Argentina’s presidential candidate, Sergio Massa has touted a Central Bank Digital Currency (CBDC) to solve the country’s worsening inflation crisis.
In the nation's first Presidential debate, Massa who currently serves as Economy Minister wants a digital currency to put the economy at the same...
Argentine Economy Minister Sergio Massa Proposes National Digital Currency
4.10.2023
Sergio Massa, Argentine economy minister and presidential candidate, has announced that, if elected, his new government plan would include launching a national digital currency that local media has called the “crypto peso.” Massa also stated that this plan would involve a tax reduction...
Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation
4.10.2023
Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank
Argentinian Presidential Frontrunners Pit BTC & Dollar Against CBDC
3.10.2023
A leading Argentinian presidential candidate says he will launch a CBDC if he is elected – putting him on a collision course with a pro-Bitcoin dollarization advocate.
According to the media outlet Ambito, Sergio Massa, the country’s current Minister of Economy and a candidate for this month’s...
Latam Insights: Brazil Launches Nationwide Blockchain ID Program, Venezuelan Crypto Watchdog Extends Restructuring Period
2.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil launches a blockchain-based ID card, the Venezuelan cryptocurrency watchdog Sunacrip extends its restructuring period, and Buenos Aires launches...
Buenos Aires to Bring Blockchain-Based Digital ID to Millions of Citizens
30.9.2023
The city of Buenos Aires has announced that it will roll out a blockchain-based, privacy-focused digital ID wallet starting in October. The Quarkid project, previously known as Tangoid, will allow its users to download a “self-sovereign” wallet to hold their birth and marriage...
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
29.9.2023
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining
Buenos Aires to issue blockchain-based digital ID
28.9.2023
The first documents to be available on-chain in Buenos Aires include birth and marriage certificates, along with proof of income and academic verification
Buenos Aires Releases Blockchain Digital Identity Solution Powered by Matter Labs’ ZK Proofs
28.9.2023
Citizens of Buenos Aires can access the identity solution, the QuarkID wallet, where they can store their birth and marriage certificates, according to the city government
Argentinian oil company to start mining crypto with gas power leftovers
27.9.2023
Tecpetrol hopes to reduce environmental impact by avoiding gas emissions, and generate some additional profits in the meantime
Worldcoin Blows up in Chile; Sign-Ups Exceed 1% of the Population
27.9.2023
Worldcoin, the biometric wallet and ID project, has reported that it has signed up more than 1% of the population of Chile. According to the organization, more than 200,000 Chileans are already using Worldcoin, a popularity uptick shared with other South American countries, including Argentina...
Argentinian Oil Producer Will Mine Crypto with Associated Gas
27.9.2023
Tecpetrol, a major Argentinian oil producer, has announced plans to mine crypto using associated gas.
The Buenos Aires-based firm explores and produces oil and gas in Argentina, as well as other LATAM countries like Venezuela, Bolivia, Ecuador, Mexico, Peru, and Colombia.
And per Rio Negro,...