Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting E...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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Visa Launches Stablecoin Pilot With M-Pesa in DRC to Test Cross-Border Transfers
Visa, M-Pesa and Onafriq have launched a pilot program in the Democratic Republic of Congo using U.S. dollar-pegged stablecoins to...
Brazil Central Bank proposes 24-hour holds on large dollar stablecoin transfers
The proposed regulation may slow cross-border crypto transactions, impacting market liquidity and increasing compliance costs for...
Tether freezes 134 ISIS terror wallets as stablecoins now sit inside the sanctions machine
ISIS-K, the Islamic State affiliate active across Afghanistan, Pakistan, and parts of Central Asia, had USDT balances frozen on 13...
U.S. Public Firm K Wave Media Liquidates Entire 88 BTC Portfolio to Repay Debt
The headline number is useful, but the real story is what it says about positioning. U.S. Public Firm K Wave Media Liquidates Enti...
Brazil’s World Cup run spotlights the growing collision between sports betting markets and crypto
The intersection of sports betting and crypto in Brazil's World Cup run could reshape financial regulations and fan engagement glo...
Coinbase backs new stablecoin venture, renegotiates deal with Circle
Coinbase's move into Open USD signals a shift towards diversified revenue streams, pressuring Circle to adapt its economic model f...