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South America
Uruguay’s Executive Branch Proposes Crypto Bill for Central Bank to Regulate Virtual Assets
The project must be approved by the country’s Chamber of Deputies and its Senate before becoming law.
BTG Pactual Exec on El Salvador’s First Year of Bitcoin Adoption
BTG Pactual's Head of Digital Assets Andre Portilho joins "First Mover" to discuss crypto market growth in South America, citing El Salvador's one-year anniversary of adopting bitcoin as legal tender. Given the "technology challenges," we have yet to know whether President Bukele succeeded or not, he said.
Paraguay’s President Vetoes Bill That Would Regulate Crypto Mining and Trading
The bill now heads back to Paraguay’s National Congress, where if it is ratified by both chambers with absolute majorities, it can still be enacted.
Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx
The funds will be used by the Latin American firm to expand infrastructure and build payment rails.
Colombia Explores Creating a CBDC to Combat Tax Evasion
As part of a tax reform program, the government of the South American country also plans to impose limits on cash transactions.
Argentina Ethereum Conference Highlights Crypto’s Growing Reach in the Country
The country continues to serve as a hotbed of crypto innovation even as it faces its latest financial crisis. ETHLatam drew more than 4,000 people.
Mercado Libre to Expand Crypto Trading Across Latin America
The company’s Mercado Pago digital wallet began allowing crypto buys and sells in Brazil in December, and quickly nabbed 1 million users.
Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation
The legislature last month approved a bill regulating crypto mining and trading in the country.
Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay
The South American country with abundant hydropower wants to attract bitcoin miners.
