Last week there were several Spanish-speaking countries that generated news related to bitcoin and cryptocurrencies, beyond those that usually move the headlines of this ecosystem, such as Argentina, El Salvador or Venezuela.
This week there was news in Cuba, whose Central Bank reported the acceptance of bitcoin payments on the island; Honduras, which has its first cryptocurrency ATM; and Panama, where a bill was presented to regulate bitcoin and even non-fungible tokens (NFT).
s the weekly CryptoNews roundup of Spanish-speaking countries:
We start with Argentina. The southernmost country in the Americas, it is the most widely used decentralized finance (DeFi) protocols in the region. As revealed by blockchain tracking firm Chainalysis, Argentina ranks
16th in DeFi usage in the world, followed by another South American: Brazil. Argentina among the countries with the most DeFi usage in the world. Source: Chainalysis.
On the other hand, this week a new service was announced for SatoshiTango exchange customers: users of the platform in Argentina will be able to buy cryptocurrencies
using a credit card.
As for regulation, there were expert opinions. On the one hand, participants of the virtual event DescentralizAR considered that the South American country does not need more regulations for bitcoin; while the lawyer and analyst Carlos Maslatón considered
that there are positive and negative regulations.
In Chile there was also news from local exchanges. Buda.com announced this week the addition
of the USD Coin (USDC) stablecoin to its catalog. This currency is available to its customers in Chile, as well as Argentina, Colombia and Peru.
Perhaps one of the most impactful news of the last 7 days came from a country that does not usually generate much information related to cryptocurrencies. The Central Bank of Cuba issued a statement informing that bitcoin and cryptocurrency payments are enabled
on the island.
It does not remain
It is not entirely clear which cryptocurrencies or tokens will be allowed for commercial transactions on Cuban soil, although it is understood that bitcoin (BTC)
and ether (ETH), the two largest market capitalization currencies, will be accepted.
El Salvador has become one of the nations that generates more interest for bitcoiners in the region, just two weeks before the adoption of BTC as legal tender comes into force
During the week, details of the bitcoin wallet created on behalf of the government, Chivo, became known; in addition to President Nayib Bukele confirmed that they will install about 200 bitcoin ATMs and 50 branches
for withdrawals or deposits with the cryptocurrency.
and custody platforms in the European country, as part of compliance with Law 10/2020 on the Prevention of Money Laundering and Terrorist Financing. The first bitcoin ATM in Honduras is operated by La Bitcoinera. Source: Twitter.
in the Central American country.
With this machine, installed and operated by the shop La Bitcoinera, Hondurans can buy BTC and ETH
with the local currency: the lempira.
Let’s go to Mexico, where 14% of young adults own some cryptocurrency according to results of a survey conducted by the firm Finder. The country ranked 16th
out of 27 countries that were part of the survey.
Colombia (17th) and Spain (23rd) were also in the survey. In both cases, more than 10% of respondents also claimed to have some cryptocurrency.
Another news that affects Mexico also involves Argentina. In both Spanish-speaking countries, the exchange Huobi <a href=”https://www.criptonoticias.com/negocios/huobi-permite-comprar-criptomonedas-con-dinero-
of cryptocurrencies with local currency.
In Panama, the first steps towards bitcoin regulation are already being taken. This week a bill
was presented to the National Assembly that seeks to regulate all activities related to these digital assets.
The proposal also contemplates the possibility of using cryptocurrencies as a payment method in the Central American country.
We end our summary of this week with Venezuela. Users of the South American country denounced the blocking
of their accounts on the NBA Top Shot sports NFT platform.
After direct contact with the creator of this platform, Dapper Labs, this media was able to learn that the company would be responsible for resolving the problem and return the funds to those affected by the blocking of their account. Dapper Labs reiterated, however, that it will not offer services to residents of Venezuela.
Message received by users in Venezuela. Source: NBA Top Shot.
On the other hand, CriptoNoticias reported the growth of the use of cryptocurrencies in the Venezuelan real estate sector , while another bitcoin-related event occurred in the country: a financial operator faked his kidnapping
to steal more than 23 BTC from his clients and now the police are looking for his whereabouts.
Events of the week
Among the events related to bitcoin, cryptocurrencies and blockchains in the region for this week, stand out in
- Monday, August 30: “Digital currencies”, organized by Web3 Latam.
- Tuesday, August 31: “DefiNation”, event organized by Web3 Latam.
- Wednesday September 1st: “Web3 Analytics”. Organized by Web3 Latam.
- Thursday September 2nd: “Ethereum Caracas Club”, by Ethereum Caracas.
- Friday September 3rd: “Blockchain X Social Impact”, by Web3 Latam.
- Saturday, September 4th: Third session of “Binance Bootcamp”, an educational event organized by Binance.
Merchants that accept cryptocurrencies in Spanish-speaking countries
Do you know or have a small business that accepts bitcoin and other cryptocurrencies for its products and services?
We invite you to share your information with us at firstname.lastname@example.org. We will inform you if
The adoption of cryptocurrencies of that business in some of the Latin American countries.