Bitcoin Reserve Transfer Denial by Bukele
President Nayib Bukele refuted claims of transferring El Salvador’s bitcoin reserves, clarifying only Chivo shares were privatized; IMF praised economic growth. #Update #Crypto $BTC
Latin America LATAM
Stablecoin Use Surges 71% in Latam
71% of Latin American firms now use stablecoins for cross-border payments, with volumes reaching $324B in 2025, significantly reducing fees. #Update #Crypto $USDC
CBDC Boosts Latam’s $1.5T Stablecoin Economy
Brazil’s Chamber of Deputies advances Bill 4212/25 to limit Central Bank CBDC powers, protecting economic freedom and privacy. #Update #Legal
Crypto Takedown: Chile’s $88M Seizure
The USTR targets Brazil’s Pix system, claiming it restricts U.S. commerce; Chile arrests 18 for $88M crypto laundering; Tether-backed Adecoagro launches sugarcane-powered bitcoin mining in Brazil. #Update #Crypto
USDT Surges to 100 Percent in Latam
@Oobit reports $USDT commands nearly 100% of stablecoin market volume in Latam, driving 202% growth in Brazil with Visa-linked wallets. #Update #Crypto $USDT
Bitcoin Laundering Crackdown Intensifies in Latam
Brazil’s Central Bank mandates CVM-registered audits for crypto licenses under Instruction 739. Mexico and EU collaborate on anti-laundering rules. #Update #Legal
Coinbase Targets Venezuela Grupo Salinas Adopts Stablecoins
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Fred Ersham of @Coinbase explores investments in Venezuela’s economy, while Mexico’s Grupo Salinas partners with Anchorage Digital for stablecoin payments. Brazil fines Banco Topazio $3.2M for illicit flows. #Update #Crypto
Bitcoin: US Bolivia Launch Crypto Probe
Bolivian officials met with the U.S. DEA to investigate Sebastian Marset’s crypto money laundering network, amid reports of global laundering surging 8x since 2020.
Brazil Bans Predictions Markets Shocking Move
Brazil bans non-financial prediction markets; @Itau Ventures invests $10M in Minter for mobile Bitcoin mining amid 133% YoY hashrate growth. #Update #Legal
Brazil Bans Online Gambling Venezuela Proposes Stablecoin
Brazil’s ruling party proposes PL-1808/2026 to ban online gambling, imposing fines up to $385M; President Lula remains silent. #Breaking #Legal @BrazilGovernment
Investors Flock to Latam Amidst War
Argentina and Brazil’s fiat currencies rise amid Middle East conflict; Venezuela seen as future market opportunity post-U.S. intervention. Latam oil attracts Asian funds. #Update #Investment
JPMorgan Launches JPM Coin Pilot in Latam
Argentina trials JPMorgan’s JPM Coin for interbank settlements, advancing crypto services in banking. TRM Labs reports stablecoins dominate Latam payments despite compliance challenges. #Update #Crypto
TRM Labs Boosts Compliance in Latam
TRM Labs reports stablecoins account for 95% of illicit inflows in Latam, prompting VASPs to enhance compliance as governments enforce AML laws. #Update #Crypto
Bitcoin: Mercado Libre Ends Token Initiative
The Central Bank of Brazil plans to launch International Pix for cross-border payments, enhancing the existing Pix network serving 175M users. #Update #Finance