Bitcoin in Spanish: cryptocurrency payments in Cuba and Chivo ATMs in El Salvador

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).

Here’

s the weekly CryptoNews roundup of Spanish-speaking countries:

Argentina

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. Bitcoin in Spanish: cryptocurrency payments in Cuba and Chivo ATMs in El Salvador Bitcoin in Spanish: cryptocurrency payments in Cuba and Chivo ATMs in El Salvador 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.

Chile

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.

Cuba

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

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.

Spain

The Bank of Spain is preparing a registry for bitcoin and cryptocurrency exchanges

and custody platforms in the European country, as part of compliance with Law 10/2020 on the Prevention of Money Laundering and Terrorist Financing. Bitcoin in Spanish: cryptocurrency payments in Cuba and Chivo ATMs in El Salvador Bitcoin in Spanish: cryptocurrency payments in Cuba and Chivo ATMs in El Salvador The first bitcoin ATM in Honduras is operated by La Bitcoinera. Source: Twitter.

Honduras

One of the unusual countries in the bitcoin headlines that generated news this week was Honduras. The capital, Tegucigalpa, has the first bitcoin ATM

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.

Mexico

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-

fiat-argentina-mexico-brasil/” target=”_blank” rel=”noopener”>enabled the purchase

of cryptocurrencies with local currency.

Panama

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.

Venezuela

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.

Bitcoin in Spanish: cryptocurrency payments in Cuba and Chivo ATMs in El Salvador Bitcoin in Spanish: cryptocurrency payments in Cuba and Chivo ATMs in El Salvador 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

the

CryptoNews calendar

:

  • 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 editor@criptonoticias.com. We will inform you if

The adoption of cryptocurrencies of that business in some of the Latin American countries.