Bitcoin heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals. Bitcoin (BTC) market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows. PCE week coincides with the last full trading week of March, and risk assets are showing a hint of […]
Gcash opens access to USDC for 100 million users in the Philippines, enabling stable, dollar-backed digital currency use for global payments, savings, and financial empowerment. Gcash Opens Philippine Wallets to Dollar-Backed USDC in Massive Crypto Shift Mobile wallet provider Gcash, a dominant force in digital finance in the Philippines, announced on March 18 in Manila […]
An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst. Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March […]
The acting SEC chair urged rulemaking over enforcement to clarify crypto regulations and avoid courtroom confusion. Acting SEC Chair Urges Crypto Reset—Classification Shouldn’t Be Courtroom Chaos Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda led the inaugural session of the agency’s Crypto Task Force roundtable on March 21 in Washington D.C. He […]
The US Treasury Department says there is no need for a final court judgment in a lawsuit over its sanctioning of Tornado Cash after dropping the crypto mixer from the sanctions list. In August 2022, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash after alleging the protocol helped launder crypto stolen by North […]
Samson Mow explained that Aqua Wallet is changing to better accommodate the needs of its customers in Latam. This encompasses a total refactor of its user interface, the integration of several national payment methods, and even the release of a prepaid credit card. Aqua Wallet to Introduce New Latam-Focused Features Aqua Wallet, a bitcoin and […]
Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst. “Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward ‘flexibility’ on the upcoming April 2 reciprocal tariffs, […]
The UK should begin taxing crypto purchases in a bid to sway Britons to invest in local stocks, which could boost the country’s economy, says the chair of investment bank Cavendish, Lisa Gordon. “It should terrify all of us that over half of under-45s own crypto and no equities,” Gordon told The Times in a […]
Tom Duff Gordon, Coinbase VP, stated that the worries about stablecoin usage for illicit purposes in Brazil can be handled differently, in ways that do not hamper adoption and without affecting users that leverage these assets for their operations. Coinbase Criticizes Stablecoin Regulation in Brazil, Offers Alternatives Coinbase, one of the powerhouses of the cryptocurrency […]
US authorities are seeking to return $7 million to victims of a social engineering scam that tricked them into sending money to fake cryptocurrency investment platforms. The scam involved the fraudsters contacting victims and earning trust before directing them to websites masquerading as legitimate crypto investment platforms, Virginia’s Eastern District US Attorney’s Office said in […]
On Sunday, a wallet that had lain inactive for nearly 14 years sprang to life, executing a transaction of 100 BTC—a haul from 2011 now valued at $8.5 million. 14-Year-Dormant Bitcoin Migrates to Modern P2SH Addresses At block height 889,103, a long-dormant Pay-to-Public-Key-Hash (P2PKH) wallet sprang into action, migrating 100 BTC—now valued at $8.5 million—to […]
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Libra’s founders face a class action lawsuit, a bitcoin wages bill is introduced in the Brazilian Congress, and a Venezuelan minister claims that 25% of international trade can be settled […]