latin america

latin america

Finance

Venture capital: las inversiones en cripto en América Latina alcanzaron los $653 millones en 2021

El monto fue casi diez veces superior al registrado en 2020, según la Asociación de Inversión de Capital Privado en América Latina.

Latin America (Leon Overwheel/Unsplash)

Videos

Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto

The mayor of Rio de Janeiro, Brazil’s second-most populous city, reportedly announced last week he plans to allocate 1% of the city’s treasury reserves to cryptocurrencies. Bruno Ramos de Sousa, Head of Global Expansion at Brazilian crypto asset manager Hashdex, shares insights into what this could mean for bitcoin adoption in Brazil.

CoinDesk placeholder image

Videos

Justin Sun Leaves Tron to Serve as Grenada’s World Trade Organization Ambassador

Polarizing crypto entrepreneur Justin Sun is leaving his brainchild Tron blockchain and instead becoming an ambassador of the Grenada government to the World Trade Organization (WTO). “The Hash” hosts discuss Sun moving to focus on crypto legitimization in Latin American countries, the implications for the Tron Foundation and the state of crypto in Grenada.

CoinDesk placeholder image

Videos

Why Bitcoin Is ‘In a Great Moment’ Despite Tumbling Ahead of Fed Meeting

Marcelo Sampaio, CEO & co-founder of crypto asset manager Hashdex, discusses his bullish outlook for bitcoin despite investor jitters growing over the upcoming Fed decision on combating inflation. Plus, the state of crypto in Latin America and thoughts on stablecoins following Tuesday's Senate Banking Committee hearing.

Recent Videos

Finance

Crypto Gains Ground in Latin America Amid Venture Capital Boom

Venture capital funds invested more than $6 billion in Latin America in the first half of 2021, versus $4 billion in all of 2020.

(Leon Overweel/Unsplash)

Videos

The Domino Effect of El Savador’s Bitcoin and Blockchain Adoption on Latin America

Koinbanx CEO Leo Elduayen and Mercado Bitcoin Director Fabrício Tota join “Community Crypto” to discuss El Salvador’s bitcoin law and blockchain projects and their impact on adoption elsewhere, particularly in Latin America. “What El Salvador is doing is an example for the rest of the countries,” Elduayen said.

CoinDesk placeholder image

Videos

Key Upsides to El Salvador’s Bitcoin Law

Edan Yago, a contributor to decentralized bitcoin trading and lending platform Sovryn, discusses his take on the potential positive impact of El Salvador rolling out bitcoin as legal tender despite growing skepticism and local protests just a week ahead of the move taking effect.

CoinDesk placeholder image

Finance

Crypto Exchange Bitso Hires Facebook Veteran as First COO

The company, which also announced the hiring of a new public policy head, said Vaughan Smith would focus on expanding Bitso’s business in Brazil.

Vaughan Smith, former VP of Corporate Development at Facebook, will focus on growing Bitso’s business in Brazil.

Markets

El Salvador Will Not Require Bitcoin Acceptance, President Bukele Confirms

In contrast to the original law, the government will not force any of the nation’s residents to receive the cryptocurrency as a form of payment, the president said Monday.

Salvadoran President Nayib Bukele

Markets

Binance Suspends Futures in Brazil Citing Regulatory Requirements

The product was removed in response to an order from the Brazilian Securities Commission.

Brazilian flag (Mateus Campos Felipe/Unsplash)