South America News

Paraguayan lawmakers have deliberated for a year on a comprehensive crypto regulatory framework that includes considerations for businesses and traders.

Argentinian tax dodgers are seeing their cryptocurrency wallets seized by the local tax authority.

In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.

El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won't be launched anytime soon. Meanwhile, the country faces a “human rights crisis.”

Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report, which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto.

In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption.

A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project.

Chile’s planned start to its digital peso rollout in early 2022 has been held back while its central bank conducts more analysis to inform a new report by the end of the year.

In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers.

Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading, but now the central bank has stepped in to block the offerings.

The Gazette further determines that this decision will enter into force 20 days after its publication, which is May 16.

The initiative is focused on expanding credit and financing options for small- and medium-sized businesses in Latin America.

Talent in the Brazilian cryptocurrency and blockchain space is in no short supply.

Between the bull market, the NFT craze and DeFi taking off, 2021 was an interesting year for Latin America.

Venezuelans tried to fight inflation this year by using cryptocurrencies on an unprecedented scale in the country.