Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador showcases its bitcoin experience before China, and Binance becomes the first securities-enhanced crypto exchange in Brazil. El Salvador Showcases Bitcoin Success in Key Meeting With […]
Chile Quiere Bitcoin: Legislators Rally Around Strategic Bitcoin Reserve Proposal
Legislators in Chile are preparing to support the creation of a bitcoin bench in Congress to lead the regulatory charge in the Latin American nation. The goal is to introduce a strategic bitcoin reserve proposal later this year. Chile to Consider Strategic Bitcoin Reserve Proposal This Year Chile, a country not particularly known for its […]
Bitcoin Gold Rockets 140% in 24 Hours Despite Looming Upbit Delisting Deadline
While numerous so-called ‘dino’ cryptocurrencies have begun to reawaken, the Bitcoin fork known as bitcoin gold (BTG) has experienced an astonishing rise of 140.31% within the last 24 hours. On Saturday, this digital asset oscillated between an intraday low of $ 9.30 and a high of $ 23.27. South Korea’s Upbit Drives Bitcoin …
South African Authorities Arrest Man Accused of Using Bitcoin to Fund Terrorist Activities
A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities. Suspicous Transactions A South African law enforcement agency recently apprehended a 35-year-old man who is alleged to have used cryptocurrency to fund terrorist activities. According to the Hawks, the man, whom they tracked to a house […]
Crypto ETFs Soar: Nearly $1 Billion Poured Into Bitcoin Funds in a Single Day
On Friday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted gains, reversing losses from the previous day. Approximately $ 908.10 million was poured into these ETFs, with dominant players like IBIT, ARKB, and FBTC securing the majority of the inflows. A Billion-Dollar Day: Bitcoin and Ether ETFs Deliver a Positive Ending to …