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Latest from Andrés Engler
El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Products
The four-member alliance is already working on products to boost financial inclusion with bitcoin in the Central American country.
Criptoloja, First Portuguese Crypto Exchange, Launches Online Trading
The company, which was licensed by Portugal’s central bank in June, allows users to purchase 94 different cryptocurrencies with euros.
Buterin Calls Mandatory Acceptance of Bitcoin in El Salvador Counter to Crypto’s ‘Ideals of Freedom’
The Ethereum co-founder’s comments appear to refer to an article in El Salvador’s Bitcoin Law, but in reality the requirement for merchants to accept bitcoin is not that clear.
Colombian Fintech Movii Raises $15M in Series B Round
Movii said that it was targeting some of the funding to develop a bitcoin purchasing service.
Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis
In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.
Mexican Stock Exchange Is Considering Listing Crypto Futures, CEO Says
The investments would be traded on the exchange’s subsidiary, the Mexican Derivatives Exchange.
Brazilian Congress to Consider Bill Regulating Crypto Exchanges
The legislation would require companies to maintain closer records of their transactions and customers and create more severe penalties for crypto-related crimes.
Central Bank of Uruguay Establishes ‘Work Plan’ to Regulate Digital Assets
The BCU plans to finalize a proposal to amend the current legal provisions covering digital assets and create a clear framework for their regulation by the end of the year.
Brazil’s Central Bank Says Local B3 Stock Exchange Could Be Oracle of Its CBDC
B3 said, however, that it is still too early to define its role in the development of Brazil’s central bank digital currency.
Crypto Gains Ground in Latin America Amid Venture Capital Boom
Venture capital funds invested more than $6 billion in Latin America in the first half of 2021, versus $4 billion in all of 2020.
