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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...
Brazil rolls out blockchain-based digital ID
30.9.2023
Brazil is launching its new national identity program powered by blockchain technology. Rio de Janeiro, Goiás, and Paraná will be the first states to issue identification documents on-chain
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
IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America
26.9.2023
The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale
US Presidential Candidate Nikki Haley: China Preparing for War and Xi Jinping Intends to Win
26.9.2023
U.S. presidential candidate Nikki Haley has warned that China is preparing for war and Chinese President Xi Jinping intends to win. “China is an existential threat. It has spent half a century plotting to defeat us,” she stressed, cautioning that China is “building a massive cutting edge military...
Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil
25.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from seizure advances in Brazil, and the Chilean police...
Study: Sub-Saharan Africa’s Bitcoin Transaction Volume Number One Globally, Data Indicates Shift Towards Stablecoins
23.9.2023
Despite accounting for just 2.3% of global transaction volume, the latest data shows that crypto has penetrated key markets in Sub-Saharan Africa and “become an important part of many residents’ day-to-day lives.” With a regional volume of 9.3%, Sub-Saharan Africa’s...
Redefining Money: America’s digital currency dilemma
21.9.2023
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?
Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism
18.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames...
MobileCoin Appoints New CEO for Global Expansion of Crypto Payments
14.9.2023
MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position.
According to the press release, Drakeley's appointment emphasizes the company's plans to "amplify...
Canadian BTC exchange partners with Costa Rica’s largest fiat payment system
14.9.2023
Bull Bitcoin forms a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US
14.9.2023
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity...
Latam Insights: El Salvador Launches Pilot to Introduce Bitcoin Content in Schools, Bitso Teams up With Despegar in Argentina
11.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador launches a pilot to add Bitcoin content to school curriculums, Bitso announces a partnership with Despegar in a cashout program, and Uruguay...
JPMorgan Mulls Blockchain-Based Deposit Token, Report
10.9.2023
America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used...
Coinbase Seeks Expansion in Markets With Clear Crypto Rules Unlike US
9.9.2023
America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the company says, is enforcing existing rules and...
Ugandan Fintech Asaak Acquires Mexican Asset Financing Startup Flexclub
8.9.2023
The Ugandan mobility fintech Asaak recently spread its tentacles to Latin America after it bought the Mexican asset financing business Flexclub. The fintech’s CEO suggested that his company’s successful and profitable microfinance business partly influenced the decision to acquire the Mexican...
Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
8.9.2023
The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm
Nintendo’s Genius Plan To Sell More Switches Depends On Kids Fighting
6.9.2023
The Nintendo Switch has sold an unprecedented 125 million units so far, putting it right behind the Nintendo DS (154 million) and Sony’s PlayStation 2 (over 155 million) on a list of best-selling consoles of all-time. Could the handheld hybrid surpass them and become the best-selling gaming device...
Nintendo’s Genius Plan To Sell More Switches Depends On Kids Fighting
6.9.2023
The Nintendo Switch has sold an unprecedented 125 million units so far, putting it right behind the Nintendo DS (154 million) and Sony’s PlayStation 2 (over 155 million) on a list of best-selling consoles of all-time. Could the handheld hybrid surpass them and become the best-selling gaming device...
El Salvador to introduce Bitcoin education in schools by 2024
5.9.2023
The non-profit and NGO Mi Primer Bitcoin partnered with the Ministry of Education El Salvador to include Bitcoin into its curriculum