[Jun 23 9:34 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Salvadoran government pushes a bitcoin banking bill, president Milei states bitcoin will compete with…
[Jun 18 10:30 AM] Company Name: Mi Primer BitcoinFounder: John Dennehy Date Founded: August 2021Location of Headquarters: El SalvadorAmount of Bitcoin Held in Treasury: Approximately 0.5 BTCNumber of Employees: 21Website: https://miprimerbitcoin.io/Public or…
[Jun 17 7:52 PM] Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El…
[Jun 16 11:44 AM] The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to…
[Jun 14 5:36 PM] Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an…
[Jun 9 7:36 PM] Corbin Keegan, a U.S. national who self-proclaimed himself as the first citizen of Bitcoin City, has temporarily left El Salvador after waiting over two years for the state to build the settlement. President Nayib Bukele first announced this…
[Jun 2 7:31 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran officials…
[Jun 2 10:46 AM] The pro-bitcoin president of El Salvador, Nayib Bukele, commenced his second term on June 1 at the National Palace in San Salvador, with his family and a large crowd in attendance. Despite rising economic concerns, Bukele’s popularity remains…
[May 30 6:01 AM] Launched in late 2024, Ocean Mining has now established an international hub and headquarters in El Salvador’s capital city, San Salvador.
[May 30 1:49 AM] Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization…
[May 29 5:11 PM] Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President Bukele’s…
[May 27 1:50 PM] Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the…
[May 19 9:10 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador produced nearly 474 bitcoin using geothermal energy, Bitfarms expanded the capacity of its…
[May 16 11:21 AM] El Salvador, the first country to adopt bitcoin as legal tender, has reportedly added 473.5 BTC to its treasury using geothermal energy. According to reports, official data released by The Bitcoin Office of El Salvador (ONBTC) disclosed that this…
[May 15 8:36 AM] El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country's total bitcoin holdings to 5,750 BTC valued at over $360…
[May 14 1:30 PM] The Bitcoin Office of El Salvador (ONBTC) has launched a site that allows anyone to confirm the treasury holdings of the country, offering a large degree of transparency in its finances. The site, composed as a custom instance of mempool space, a…
[May 13 5:50 AM] El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of President Nayib Bukele. This groundbreaking decision has enabled significant financial improvements across the small Central…
[May 13 1:45 AM] In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative…
[May 8 10:40 AM] Bitcoin Beach, in collaboration with Geyser and the Federation of Bitcoin Circular Economies (FBCE), has announced the Bitcoin Beach Grants round, aimed at advancing Bitcoin circular economies globally. This initiative aims to support emerging…
[Apr 29 1:11 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking…
[Apr 25 6:36 AM] Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of…
[Apr 15 12:32 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Bitcoin hinders El Salvador’s credit talks with the IMF, the Paraguayan Senate issues a statement…
[Apr 13 8:46 PM] The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S…
[Apr 12 5:17 AM] The International Monetary Fund (IMF) is reportedly demanding changes to El Salvador's pro-Bitcoin law, hindering the country's attempts to secure a $1.4 billion credit line as reported by Infobae. NEW: IMF reportedly demands changes to El…
[Apr 11 5:33 AM] A database with the personal information of over 5 million Salvadorans was recently leaked in a data breach forum. The database, which has been around since August and has recently been linked to Chivo, El Salvador’s national cryptocurrency…
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IMF reportedly demands changes to El…