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” 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. According to a report from local media outlet iProUP, courts across Argentina authorized the seizure of 1,269 cryptocurrency wallets belonging to citizens with outstanding debt to…
” President of Panama shoots down crypto bill citing FATF guidelines “ Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697 dubbed the “crypto bill” saying it requires more work to better fit Panama’s financial regulations. President Cortizo previously warned in May he wouldn’t sign the bill unless it included additional Anti-Money Laundering rules…
“Biden’s poor Latin American relations spells disaster for US border security” This week’s Summit of the Americas should be an opportunity for the US government to get together with its neighbors to find effective solutions to immigration and security challenges. Instead, even the leftist Salvadoran outlet El Faro notes the meeting is shaping up to…
” Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch “ Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially for people living in places where financial services are sparse or non-existent. In the…
” The more you know about Bitcoin, the more optimistic you are: Block survey “ A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, the more optimistic they are about the future of Bitcoin (BTC). Block surveyed more than 9,500 people from the…
“Richie Torres’ excellent words of Latinx wisdom for the woke” As we’ve noted before, Rep. Ritchie Torres (D-Bx) is a progressive with a difference: namely, a joyful willingness to defy the party line. Even when it comes under the name of one his district’s top attractions, the New York Yankees. In the wake of the…
” Top 30 Panama Bank is ‘Bitcoin friendly,’ welcomes crypto services “ Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin friendly (BTC), paving the way for crypto accounts. In a series of tweets and…
” 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. This has brought 37.3% of the…
” Paraguay paves the way for crypto regulation despite internal opposition “ Paraguay is viewed by many as a potential hot spot for cryptocurrency adoption due to low electricity costs and relatively soft taxation. The government has recognized this opportunity by pushing forward new legislation around digital assets. On May 25, a bill that regulates…
” Panama’s president says he won’t sign crypto bill into law ’at this moment’ “ Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without additional Anti-Money Laundering rules. Speaking at the Bloomberg New Economy Gateway Latin America conference on Wednesday,…