Argentina began regulating bitcoin exchanges to comply with FATF recommendations. The country was already on the FATF gray list in the past, during the Cristina Kirchner government. The plenary session of the Financial Action Task Force (FATF) confirmed that Argentina avoided being included on the gray list, which penalizes countries for deficiencies in the fight … Read more
The government of Javier Milei announced yesterday, Monday, October 21, the suppression of the Federal Public Revenue Administration (AFIP) and its replacement by the Customs Collection and Control Agency (ARCA). This change, however, does not alter the current tax system in Argentina. Presidential spokesperson Manuel Adorni communicated that the AFIP will cease to exist, giving … Read more
The document was also published by the Sorbonne University in France. Now the Central American country attracts peace and tourism with bitcoin. A recent study by Harvard University highlights the transformation that El Salvador is experiencing, as a country that was known as the “homicide capital of the world” to adopt a new role as … Read more
This Monday, October 21, 2024, it was reported that Stripe, the online payments giant, purchased Bridge, a stablecoin platform, for an amount of USD 1.1 billion. The transaction, subject to regulatory approvals, is expected to close in the coming months. Stripe CEO Patrick Collison confirmed the acquisition of Bridge in a message published in X, … Read more
The intention is to promote tourism to the community where the “Most Beautiful Lake in the World” is located. Tourists can make purchases without having to convert their money to quetzales. Coincaex, one of the most recognized exchanges in Central America, introduced the BITPOS point of sale in Panajachel, located in the department of Sololá, … Read more
Panamanian venture capitalists see it necessary to regulate cryptocurrencies by aligning themselves with the FATF. “Panama has failed to interpret the reality of cryptocurrencies,” say investors. Panama is on the verge of a transformation in its financial market with the possible regulation of cryptocurrencies and the tokenization of assets, according to specialist Alfredo Muñoz. In … Read more
Brazil is Meli Dólar’s main focus, says Estivariz. According to the executive, the currency has had “good acceptance” in Brazil. Ignacio Estivariz, vice president of Fintech services at Mercado Libre, stated that the Meli Dólar stablecoin already has “millions of users” who have received the currency “through the benefits of the loyalty program or because … Read more
Leonardo Cositorto, accused of leading the Generación ZOE pyramid scheme, was presented this week before Regional Unit 8 of Goya, in the city of Corrientes, in Argentina, to be prosecuted. The process, which could last until December 11, marks a new chapter in one of the most high-profile cases of cryptocurrency scams in the region. … Read more
Officials from the Anti-Narcotics Department of the Paraguayan National Police carried out an operation in the city of Pedro Juan Caballero, capital of the department of Amambay, where they seized more than 100 ASIC Bitcoin miners and detained two individuals. The raid took place in the Jardín Aurora neighborhood. The operation took place after a … Read more
The countries that will exchange information are Chile, Mexico, the United States, Spain, among others. It would begin operating during the year 2027. What is the international crypto information exchange? For a few years now, the Organization for Economic Cooperation and Development (OECD) has been promoting the implementation of a reporting regime linked to operations … Read more