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Crypto in 5 Minutes
Your destination for crypto-ventures in Latin America and the Caribbean.
Market snapshot
As the World Economic Forum kicked-off in Davos, cryptocurrency prices have rallied, Bitcoin (BTC) is up 20% and Ethereum (ETH) is up 16% in the last seven days.
Five Headlines Driving the Conversation in Latin America
ONE
Crypto exchange Bitso became the first exchange in Latin America to list Circle’s Euro Coin stablecoin.
TWO
Argentina’s Ministry of Economy proposed a bill to encourage citizens to reveal crypto holdings.
THREE
The recently approved Brazilian cryptocurrency law will most likely be reviewed by the newly appointed Congress.
FOUR
El Salvador passed the Digital Assets Issuance Law, which establishes rules for the state to open public offerings related to cryptocurrencies. The law will allow for the issuance of the country’s long-awaited volcanic bonds.
FIVE
Also in El Salvador, CriptoNoticias Paxful announced that it is leaving the country and will no longer have headquarters or employees. However, Salvadorans will be able to continue using the platform.
Key global headlines
1.
Avalanche announced a partnership with Amazon Web Services to scale blockchain adoption across enterprises, institutions and governments.
2.
Metamask announced an Ethereum staking feature.
3.
Unstoppable Domains and Ready Player Me have partnered up to create interoperable Metaverse identities.
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