South America Financial News

23.11 / 13:53

Government Law Adoption South America Bitcoin Milei presidential victory fuels optimism in Argentina’s Bitcoin community

After a long and dramatic presidential race, libertarian candidate Javier Milei triumphed in Argentina’s presidential election on Nov. 19.

23.11 / 13:53

business economy economics Opinion Central Bank South America Milei vowed to close Argentina’s central bank — But will he do it?

The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines' memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky path?

16.11 / 19:31

Stablecoin Mining Tether South America Bitcoin BTC Mining Tether plans major expansion into BTC mining with $500M investment: Report

Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm at the company soon.

09.10 / 21:41

regulation SEC South America 2024 Brazilian securities regulator plans sandbox for tokenization in 2024

The Comissão de Valores Mobiliários (CVM) of Brazil is planning to start a second regulatory sandbox program in 2024.

19.09 / 10:41

Europe BlackRock Asia South America Blackstone Allfunds BlackRock joins AllFunds private markets wealth distribution programme

BlackRock currently oversees $320bn in alternative investments, $156bn of which is in private markets.

28.08 / 21:33

markets Adoption ETF South America GPU Bitcoin Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis

The next Bitcoin halving event is less than 9 months away and the consensus opinion among analysts and investors is that the halving will send BTC price to a new all time high or even above $100,000.

14.08 / 06:45

regulation South America Voting Bitcoin Milei Pro-Bitcoin Javier Milei wins most votes in Argentina primary election

An Argentinian politician with a knack for supporting Bitcoin and calling for the abolishment of his country’s central bank has taken the lead in the country’s presidential primary elections.

28.07 / 09:23

Blockchain crimes South America Missing crypto millionaire found dismembered in suitcase: Report

A missing cryptocurrency millionaire and Instagram influencer based in Argentina has turned up dead, with police suspecting murder after he was found dismembered in a suitcase.

18.07 / 10:51

Europe Asia South America Alternatives Blackstone Allfunds Largest alternative managers join Allfunds initiative to broaden access to private markets funds

The initiative allows participating private markets fund managers, which also include Franklin Templeton and Morgan Stanley AM, to tap into the Allfunds' distribution network.

16.06 / 05:12

Government Blockchain Adoption Ripple XRP South America Ripple partners with Colombia’s central bank to explore blockchain technology

Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger.

16.06 / 02:42

Law regulation South America Brazil’s president signs law aimed at having central bank regulate crypto firms

Brazilian President Luiz Inácio Lula da Silva, known to many as simply Lula, has signed legislation giving clarity to the roles the country’s central bank and securities regulator will take in regards to cryptocurrencies.

28.04 / 13:11

Adoption NFT Tokens Scams South America NOT Not funny: Comedy club NFT debacle teaches lesson in transparency

In Venezuela, humor plays an important role, either as a form of protest or a way to make sense of reality.

31.01 / 21:51

Adoption Latin America economy South America Opinion: Have Brazil’s Lula and Argentina’s Fernandez heard of cryptocurrency?

“Good ideas out of context are like shiny objects lost in a dark field,” American writer Seth Godin once said. “They catch your attention, but have no real utility.”

11.01 / 09:11

Government Law South America Holdings Crypto Holdings Proposed bill in Argentina to encourage citizens to reveal crypto holdings

Argentina’s Ministry of Economy, the country’s economic policy manager, has drafted a bill to encourage Argentines to declare their cryptocurrency holdings with the inducement of discounted tax rates.

07.12 / 00:05

Government Law regulation South America Paraguay's legislature fails to reverse presidential veto on crypto regulation law

The Chamber of Deputies, the lower house of Paraguay's bicameral legislature, failed to move forward on a bill aimed at promoting crypto mining through the use of surplus electricity following a veto from President Mario Abdo Benítez.

12.11 / 21:25

business FTX South America Bankruptcy Fried Sam Sam Bankman-Fried denies rumors that he fled to Argentina

FTX founder Sam Bankman-Fried has denied speculation that he’s fled to Argentina as the saga surrounding his collapsed cryptocurrency exchange continued to unfold in near-real time on Twitter.

18.07 / 05:57

Adoption Mining regulation South America crypto framework Framework Paraguay’s crypto framework one step away from becoming law

The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors.

01.07 / 18:33

Adoption Latin America South America Argentina carries out crypto wallet seizures linked to tax delinquents

Argentina’s tax authority has seized more than 1,000 cryptocurrency wallets linked to delinquent taxpayers in the country.

04.06 / 00:11

Blockchain Adoption South America Brazilian central banker describes how CBDC system can halt bank runs

In a paper recently published by the Bank for International Settlements (BIS), Fabio Araujo, an economist at the Central Bank of Brazil (CBB) who’s also responsible for the country’s central bank digital currency work, revealed that the monetary authority will have greater control over the population’s money once its CBDC is rolled out. Through the so-called Real Digital, the central bank will be able to halt bank runs and impose other restrictions on citizens’ access to money.

03.06 / 05:31

South America bonds Bitcoin rights Bitcoin bond still on hold, El Salvador accused of human rights violations

El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC) bond citing price volatility and uncertain market conditions resulting from the ongoing Russo-Ukrainian war.

30.05 / 23:53

Adoption Latin America South America Argentines turn to Bitcoin amid inflation worries: Report

Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean peso has negatively impacted citizens' purchasing power.

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