Latest from Andrés Engler
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.

Brazilian Crypto Asset Manager Hashdex Pursues US Expansion Following 2 Key Hires
The firm is adding staff for its U.S. operation and created the positions of head of corporate communications and chief of staff.

Brazil Stock Exchange B3 Plans to Enter Crypto Market in 2022: Report
The country’s only exchange is evaluating opportunities in asset tokenization and digital asset custody, and it also plans to launch a crypto ETF.

Gemini to Allow Crypto Trading in Colombia Under Government-Sponsored Pilot Program
The company plans to offer bitcoin, ether, litecoin and bitcoin cash trading in partnership with local bank Bancolombia starting in December.

E-Commerce Giant Mercado Libre Taps Paxos to Power Crypto Service in Brazil
Users of Mercado Pago will be able to buy and sell bitcoin, ether and the USDP stablecoin starting in December.

Brazilian Crypto Unicorn 2TM Raises $50M in Series B Round Extension
10T and Tribe Capital were among the latest investors in the new closing of the funding round, which was initially $200 million.

Crypto.com to Sponsor Latin America’s Leading Soccer Competition
The company will serve as an official partner of the CONMEMBOL Copa Libertadores Cup starting in 2023. It plans to develop competition-related NFTs.

Según el FMI, bitcoin no debería ser de curso legal en El Salvador
La institución financiera dijo que los planes del país centroamericano de adquirir más bitcoin requerirán un “análisis muy cuidadoso” de las implicaciones para su estabilidad financiera.

Brazil’s Largest Crypto Exchange Owner Plans Latin American Acquisitions: Report
2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, is looking to become a leading provider of blockchain infrastructure services in Latin America.

Bitcoin Should Not Be Legal Tender in El Salvador: IMF
The financial institution said the Central American country’s plans to acquire more bitcoin will require a “very careful analysis” of implications for its financial stability.

