CBDCs
Bitget partners with Capitual to participate in Brazil CBDC project
Bitget aims to participate in Brazil's and Argentina's CBDC projects, while enhancing its reach to government-level projects in the region
Zeynep Geylan 1 min read
Latin America News
Regional trends in remittances, stablecoin use, policy shifts, and grassroots crypto adoption.
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Adoption
Historic legacy bank enables Brazilians to pay taxes using crypto
Banco do Brasil has partnered with Bitfy so users can pay taxes with cryptocurrencies as easily as paying for a ticket by scanning a barcode.
Analysis
IMF issues warning on El Salvador’s Bitcoin experiment amid calls for greater transparency
“Financing purchases of Bitcoin by issuing tokenized securities should be eschewed because of fiscal risks," the IMF said.
Latest Latin America Crypto News & Analysis
Adoption
El Salvador President criticizes ‘legacy’ media outlets’ unfair coverage
Critizing "legacy" media outlets, Bukele said these media outlets go "on silent modes when their lies have been exposed."
Adoption
Coinbase CEO suggests BTC as alternative to proposed new S. American currency ‘sur’
Argentina and Brazil are preparing a joint venture to establish a shared common currency to remove reliance on US Dollar.
Adoption
El Salvador approves Bitcoin bond by passing bill
The bonds, worth $1 billion, will fund a "Bitcoin City" and go toward buying more BTC.
CBDCs
Mexico CBDC likely delayed beyond 2024
The digital peso will seemingly not be ready by a previously stated deadline.
CBDCs
G7 economies move into development stage of CBDCs
G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.
Adoption
Brazilians are turning to stablecoins to protect savings from inflation
The Brazilian Real continues to struggle to hold its value against inflation, prompting Brazilians to turn to stablecoins.
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Analysis
Argentina fan token dumps 50% despite World Cup win
Tokenization
Brazil Fan Token drops 50% fall in hours after the Croatia World Cup loss
Crypto
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Adoption
