Chilean peso in free fall, Peru seeks to regulate cryptocurrencies – CVBJ
Bitcoin in Spanish is a weekly newsletter from CriptoNoticias in which we review the most important news related to bitcoin, cryptocurrencies and blockchains in the Hispanic world.
First bulletin of the Hispanic world of this year 2022. And as has become the custom, part of the report features the first country in the world that has approved the use of bitcoin (BTC) as legal tender: El Salvador, with the laws they will govern the operation of your bitcoin bonds.
Also in that first full week of the year, there was news in Uruguay, with its first cryptocurrency ATM installed in Punta del Este; as well as the introduction of a bill to regulate activities with cryptocurrencies before the Congress of Peru.
To know the main news from the Hispanic world, related to bitcoin, cryptocurrencies and blockchains, we invite you to read the full report that CriptoNoticias brings this week:
The year has started off on the wrong foot in Argentina: the country is going through an energy crisis and what the local government has done is point its guns at Bitcoin mining, which they accuse of being in the way. origin of recent power outages.
Meanwhile, the provinces of La Pampa and Entre Ríos have joined Cordoba and Tucumán And now, four regions of Argentina impose taxes on activities with bitcoin and other cryptocurrencies.
Neither the mining attacks nor the new taxes appear to be hurting bitcoin adoption in the South American country, where in recent days a few options have been added to buy properties with cryptocurrency and a new alternative to paying tips has emerged. online using the Lightning Network.
The downside to adoption is that it attracts potentially fraudulent schemes. And in Argentina, there is a very striking case: the alleged gold-backed zoe cash coin, which is creating a lot of suspicion among bitcoiners and the general public.
Chile starts the year with a negative economic outlook, after the local currency, the peso, will hit its lowest levels against the dollar. While there is no direct correlation, it has long been speculated that the stability of the peso influenced the lack of massive adoption of bitcoin, something that could change if Chileans begin to seek refuge for their capital.
The Chilean peso is in free fall against the dollar. Source: Invest.
Speaking of adoption, let’s go to Colombia, where a renowned aromatherapy store has decided to ride the wave of bitcoin payments. This week, Olfabrand announced that it will start accepting payments with this cryptocurrency and othersthrough the CoinPayments gateway.
In Costa Rica, bitcoin and the cryptocurrency world are also starting to gain traction. Radio CRC 89.1 will have a new one-hour weekly slot dedicated to news from this world, called “Crypto-Economy”.
El Salvador keeps generating news for the bitcoin world. And this early 2022 is no exception, after the announcement that this country’s Congress would receive up to twenty bills focused on bitcoin bonds with which they will finance the construction of Bitcoin City.
When these proposals will be discussed is unknown, but it has been announced that the bonds will be launched next month. Among the critics of Bitcoin City, an all-bitcoin city in a volcanic area in southeastern Salvador, Steve Hanke recently spoke out, claiming that with a dormant volcano the necessary energy cannot be produced. . To this, President Nayib Bukele replied: “Most of the geothermal energy is extracted from wells near INACTIVE VOLCANOES! Why would you want to build a city under an ACTIVE VOLCANO? ”.
Meanwhile, El Salvador has become a very attractive destination, with bitcoin personalities like Max Keizer and Stacy Herbert opting for citizenship in the Central American country. In addition, according to Renata Rodrigues, Marketing Director of Paxful, the adoption of bitcoin would attract not only foreigners but also Salvadorans who have migrated.
In Spain, on the one hand, local stock exchanges are affected by the anti-fraud law in force and its obligations, while foreigners operating in the country are exempt because they are not covered by the said legal framework.
The same time, mining industry could see boom in European country while the situation worsens for minors in countries like Kazakhstan. At least that’s how MP María Muñoz assessed it, in statements collected this week in CriptoNoticias.
We return to the Americas for a brief overview of the current situation in Mexico, where the leader of an alleged Ponzi scheme which has been under investigation since last year has been arrested. Jonathan Yemelian Sifuentes, director of Xifra in Mexico, was arrested along with his bodyguard. However, the arrest was not linked to the activities of the alleged fraudulent scheme, but to alleged threats and an attempt to bribe police officers.
The detainees were released after no evidence was found to link them to the alleged crimes.despite the fact that they were captured with long guns and large sums of money.
Peru, like other Latin American countries of late, is starting to move forward with potential cryptocurrency regulation. And this week, a bill was officially introduced to Congress that would give a legal framework to these digital assets on Peruvian soil.
Few of the news that usually emerge from the Dominican Republic when it comes to the world of bitcoiner. But a Dominican developer starred in one of the new releases of the week: a 1 BTC exchangearound $ 41,000 at the time of writing, according to the CryptoNews calculator.
Jarol Rodríguez received a grant from the Human Rights Foundation, as part of an initiative in which the organization will distribute 4.25 BTC to 10 developers. The Dominican, who has actively worked on improving Bitcoin Core, was the recipient of the largest fraction of this fund.
What had already been put forward at the end of 2021 has become reality at the start of 2022: Uruguay has its first bitcoin and cryptocurrency ATM. The team is located in Punta del Este, a favorite tourist area for celebrities and millionaires.
Among the bitcoin, cryptocurrency and blockchain related events in the region for this week, the following stand out in the CriptoNoticias calendar:
Monday January 10: “Digital coins”, organized by Web3 Latam. Tuesday January 11: “DeFi Nation”, event organized by Web3 Latam. Wednesday January 12: “NFT’s”. Organized by web3 Latam. Thursday January 13: “Presentation of Bitcoin and Blockchain”, by the NGO Bitcoin Argentina. Friday January 14: “Blockchain x Social Impact”, by Web3 Latam.
Merchants who accept cryptocurrencies in Spanish speaking countries
Escribá (Pastry shop in Barcelona, Spain) Gericó Associates (Marketing, communication and business consultant, based in Spain) Forum (Supermarkets in Venezuela).
Do you know or do you have a small business that accepts bitcoin and other cryptocurrencies for their products and services?
We invite you to share the information with us via [email protected] We will report on the adoption of this company’s cryptocurrencies in one of the Spanish speaking countries.