South America News

New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.

Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election.

Fernando Pérez Algaba reportedly ran a crypto trading business in Argentina and is suspected to have been murdered by a professional outfit.

The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public.

The decree authorizes the central bank to regulate and supervise virtual asset service providers and ensures the country’s securities regulator will continue to handle many tokens.

Bitfinex announced a new investment in a Chile-based crypto exchange in an effort to boost crypto adoption in Latin America.

What started with a comedy club would later become a notorious case of legal loopholes and frustration for the nonfungible token community.

Brazil’s Luiz Inácio Lula da Silva and Argentina’s Alberto Fernández want to create a “common currency.” It sounds suspiciously like a state-controlled cryptocurrency.

Argentines could soon be motivated with tax incentives to declare their crypto holdings as the government aims to tackle money laundering with a proposed new law.

Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America.

Just 38 out of 80 members of Paraguay’s Chamber of Deputies voted to reconsider a bill to cap electricity rates for the country’s crypto miners.

The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.

SBF stepped down as CEO of FTX on Nov. 11 after initiating Chapter 11 bankruptcy proceedings in the District of Delaware.

The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption.

Bukele says that despite past laws that prohibited the reelection of presidents, El Salvador can follow in the footsteps of developing nations.