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South America
Crypto VC Investments in Latin America Grew Almost Tenfold in 2021 to $653M
Consumer-facing crypto exchanges and retail trading platforms received the majority of funding, according to the Association for Private Capital Investment in Latin America.
Paraguay’s Senate Approves Proposal Regulating Crypto Mining and Trading
The bill, which seeks to take advantage of the Latin American country’s energy surplus, will be discussed by the Chamber of Deputies in 2022.
Peru’s Central Bank Is Developing a CBDC
The central bank’s president said that the country is partnering with other central banks in the issuance of a domestic CBDC.
Stablecoin Pegged to Peru’s Currency Launches on Stellar
The coin has been created by Latin American digital token issuer Anclap and is 100% backed by local currency.
Panamanian Congressman Presents Bill to Regulate Crypto
Gabriel Silva drafted legislation proposing the use of cryptocurrency as a means of payment for civil and commercial operations.
Mercado Bitcoin Director: ‘Crypto Adoption in Brazil Is Happening’
Crypto is booming in Brazil as its largest exchange Mercado Bitcoin raises $200 million from the SoftBank Latin America Fund. Mercado Bitcoin’s Fabricio Tota discusses the state of crypto in the country. “Crypto adoption here in Brazil and South America is really happening,” Tota said.
Panama to Present Crypto-Related Bill in July
Following El Salvador, Panamanian Congressman Gabriel Silva says he will present a bill in July to make bitcoin legal tender in the nation. "The Hash" explores what it could mean for other Central and South American countries.
ChromaWay Expands Effort to Put Latin American Land Records on the Blockchain
The Swedish startup is working with the IDB and local agencies to make land ownership more transparent in Latin America and the Caribbean.
Paxful Plans to Bring 20 Crypto ATMs to Colombia
A partnership between two cryptocurrency firms will bring 20 new bitcoin ATMs to cities around Colombia, with plans to expand into Peru.
