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Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top
22.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the import duties exemption measure President Nayib Bukele pushed for and passed in Congress and its possible effects on El Salvador....
Bitcoin Briefly Tops $68K as Biden Dropout Riles Up Crypto Bulls
22.7.2024
The general possibility of a crypto-friendly government coming into power is bumping sentiment among professional traders, one firm said
HKX joins list of crypto exchanges to quit Hong Kong market
22.7.2024
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues
Crypto Exchange Woo X Allows Daily Interest Withdrawals from T-Bill-Backed Earn Vaults
22.7.2024
Woo X and partners OpenTrade claimed bragging rights for being the first exchange to offer T-Bill interest bearing products to retail customers
Delhi Police Arrest 7 in Crypto Fraud
22.7.2024
Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance...
Biden out, bull run in? Here’s what analysts think
22.7.2024
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally
Biden out, bull run in? Here’s what analysts think
22.7.2024
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally
Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes
22.7.2024
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations
Joe Biden’s withdrawal wiped $67M of crypto long positions in 30 minutes
22.7.2024
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations
Democrats have ‘huge opportunity’ to win back the crypto vote
22.7.2024
The new Democratic party presidential candidate should consider crypto a top priority, according to crypto lawyer Jake Chervinsky in a post on X
Democrats have ‘huge opportunity’ to win back the crypto vote
22.7.2024
The new Democratic party presidential candidate should consider crypto a top priority, according to crypto lawyer Jake Chervinsky in a post on X
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
22.7.2024
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC)...
Australian stablecoin startup Stables expands to Europe
22.7.2024
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream
Australian stablecoin startup Stables expands to Europe and UK
22.7.2024
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream
New Virtual Asset Protection Act Takes Effect in South Korea
22.7.2024
South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhere to anti-money laundering regulations,...
Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision
21.7.2024
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $37.32 million in bitcoin long...
Latam Insights: Bukele Slashes Import Duties in El Salvador, Argentina Enacts Crypto Tax Normalization
21.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele eliminated import taxes for basic products for a decade in El Salvador, Argentina defined rules for regularizing cryptocurrency assets...
What we know about Kamala Harris' views on crypto
21.7.2024
With Joe out of the race, all bets are off
What we know about Kamala Harris' views on crypto
21.7.2024
With Joe out of the race, all bets are off
7 US States Unite to Challenge SEC’s Crypto Overreach
21.7.2024
Seven U.S. states have united in a coalition to challenge the U.S. Securities and Exchange Commission’s (SEC) regulation of cryptocurrency. The states filed an amicus brief arguing that the SEC’s “power grab” would stifle innovation, harm the crypto industry, and exceed...