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Latam Insights: Strategic Bitcoin Reserve Proposed in Brazil, Volcano-Powered Bitcoin Mining in El Salvador
1.12.2024
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, a Strategic Bitcoin Reserve bill gets introduced in Brazil, Bukele hints at renting volcanos for bitcoin mining, and Vaneck highlights Bukele’s work...
Bitcoin Reserve Controversy: Zelensky Wants Funds Instead Of Reserves
29.11.2024
During the 2024 US presidential Election, Bitcoin (BTC), the famous cryptocurrency took the center stage. Trump after publicly…
‘Without Shadow of Doubt:’ More Nations Preparing to Introduce Strategic Bitcoin Reserve Regulations
28.11.2024
Dennis Porter, CEO and co-founder of the Satoshi Action Fund, recently stated that he is sure that many nation-states will follow in Brazil’s footsteps, introducing strategic bitcoin reserve regulations. Multiple Strategic Bitcoin Reserve Proposal Would Be in the Works Bitcoin adoption at...
Vancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans
27.11.2024
The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset
Hardware wallet Trezor reports peak demand as Bitcoin approached $100K
27.11.2024
A significant drop in Bitcoin reserves on exchanges is the evidence of rising self-custody adoption, Trezor chief commercial officer Danny Sanders said
Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks
26.11.2024
New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience
Brazil Introduces Bill to Establish Strategic Bitcoin Reserve
26.11.2024
Brazil’s Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience. Brazil Proposes Bitcoin Reserve to Bolster Economy and Embrace Innovation...
Brazil Proposes Bitcoin Reserve to Secure Its Future
26.11.2024
Brazilian lawmaker Eros Biondini (PL-MG) has proposed a new bill at the Chamber of Deputies to form a…
Sen. Lummis Breaks Silence on Govt. Control of Bitcoin After BTC Reserve Launch
26.11.2024
Senator Cynthia Lummis recently stressed the importance of safeguarding Bitcoin’s core principles as discussions surrounding a U.S. strategic…
UK Urged to Consider Bitcoin Reserve as Trump Leads Crypto Revolution
26.11.2024
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management...
Asset Managers Weigh in on US Bitcoin Reserve Debate
26.11.2024
Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have...
Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions
26.11.2024
Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive...
Reserve Bank of India expanding cross-border payments platform
24.11.2024
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country
Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
22.11.2024
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future.
Industry execs seek positions on Trump’s crypto advisory council
21.11.2024
President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee.
Reuters: Trump Team Mulls Bitcoin Reserve—Peter Schiff Warns of ‘Wasted Billions’
21.11.2024
According to Reuters, President-elect Donald Trump’s incoming crypto advisory council is reportedly considering establishing a strategic bitcoin reserve. This idea sparked a response from economist and gold bug Peter Schiff, who shared his perspective on the concept of a BTC reserve....
US Bitcoin reserve during Trump presidency could pump BTC to $1M
21.11.2024
The strategic Bitcoin reserve could set up Bitcoin’s price for an over $1 million valuation this market cycle, according to Adam Back
Bitcoin reserve won’t solve US debt crisis: Think tank co-founder
21.11.2024
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do
Acurx Pharmaceuticals Allocates $1 Million to Bitcoin as Reserve Asset, Shares Slide 26%
20.11.2024
Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company. Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy...
Hoth Therapeutics allocates $1M to Bitcoin as treasury asset
20.11.2024
Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value