Worldcoin branches close in Ecuador

The branches were located in Quiito, the capital of Ecuador. The authorities carried out inspections and detected irregularities. In Quito, the capital of Ecuador, two branches of Worldcoin, a project dedicated to scanning people’s eyes in exchange for cryptocurrencies, were closed by the authorities. The joint operation involved the National Police, the Control Agent Corps, … Read more

El Salvador works on a geothermal energy law for Bitcoin mining

The new law will allow Bitcoin mining by taking advantage of Salvadoran natural resources. With more than 200 volcanoes, the country will seek to promote its sustainable energy, as is happening today in Kenya. Nayib Bukele’s government is determined to continue exploring economic opportunities around bitcoin (BTC), including digital mining and, therefore, energy. In that … Read more

Brazil could also have its own strategic bitcoin reserve

The reserve would be called RESBit and the objective is to “diversify the Treasury’s financial assets. The project provides for the planned acquisition of BTC with up to 5% of international reserves. Brazilian deputy Eros Biondini presented a bill for the creation of a sovereign strategic reserve of bitcoin (BTC) by the federal government, called … Read more

Rent a volcano in El Salvador to mine Bitcoin: new proposal from Bukele

The president of El Salvador Nayib Bukele launched the proposal to “rent a volcano to mine Bitcoin.” This as an alternative to strengthen the economy of the Central American country, which is already generating significant profits with its DCA (Dolar Cost Averaging) strategy, exceeding 80% over the bitcoins (BTC) that the Salvadoran government has purchased … Read more

Argentine deputy proposes that the Central Bank mine bitcoin to strengthen its reserves

Cryptocurrency adoption continues to rise in Argentina due to several years of high inflation. The project seeks to allow the BCRA to decide how much of its reserves it will store in bitcoin. Argentine deputy Martín Yeza used the social network The congressman, a member of the Republican Proposal (PRO) party, has presented the initiative … Read more

Dominican Republic suspends Worldcoin operations

For several weeks now, a scene already seen in other countries has been repeating itself in the capital of the Dominican Republic. Dozens of citizens were voluntarily lining up in the Plaza de Santo Domingo to exchange the iris of their eyes for the Worldcoin cryptocurrency. Given the growing interest of Dominicans, the authorities decided … Read more

Milei criticizes the G-20, defending state autonomy and individual freedoms

After the first day of the G-20 Summit taking place today in the Brazilian city of Rio de Janeiro, the Government of Javier Milei announced that it signed the group’s declaration, but with reservations. This highlights his rejection of the provisions related to the United Nations (UN) 2030 Agenda. The signing of the declaration of … Read more

3 factors are accelerating the adoption of bitcoin in Mexico

Long-term investment, as well as cross-border payments, are other catalysts. The exchange is confident that the new Mexican government will establish regulations. In Mexico, three key economic factors are driving the adoption of bitcoin (BTC) and other cryptocurrencies at an accelerated pace, the two most evident being: remittances and inflation. These are elements that not … Read more

Venezuelan developers launch decentralized bitcoin lending protocol

The protocol is integrated into banking and financial companies to allow access to credit with The platform will launch with its own token, whose ticker is OBC. Kevin and Víctor Charles, Venezuelan developers who have resided in New York, United States, since 2013, announced the launch of Open Bitcoin Credit (OpenBC), a protocol that allows … Read more

Polymarket will be banned in Argentina if the law on gambling is approved

The legislation seeks to combat gambling addiction, which is on the rise among young people. Only online platforms registered in the country will be able to operate. This Wednesday, the Chamber of Deputies of Argentina approved and obtained a majority opinion on the bill that seeks to combat gambling addiction and the proliferation of online … Read more