Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how the recent debacle of Libra, a token endorsed by Argentine President Javier Milei, might become a positive event for the future of Argentina’s crypto policy. Latam Insights Encore: Javier Milei’s
The Bangko Sentral ng Pilipinas (BSP) is reminding Filipinos to transact only with BSP-licensed Virtual Asset Service Providers (VASPs) to ensure consumer protection in crypto transactions. Why it matters: The BSP said unregulated crypto platforms pose risks such as fraud, operational failures, and lack of legal recourse for users. BSP-licensed VASPs, the regulator said, are
If memecoins are considered commodities and not securities, then investors can’t sue for insider trading, says Bitwise Head of Alpha Strategies Jeff Park. Insider Trading May Not Apply to Certain Memecoins, Says Bitwise Executive Bitwise Head of Alpha Strategies Jeff Park on Monday said memecoin rug-pulls are not always illegal, while adding the caveat that
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives? Russia Calls SWIFT Obsolete—Is Crypto the Key to the New Financial Order? Russia claims that it has the technical ability to reconnect to the Society for Worldwide Interbank Financial Telecommunication
BRICS is set to dominate 40% of the global economy by 2030, while the West’s share shrinks to 27%, Russian Economic Minister Maksim Reshetnikov said. Global Power Shift: BRICS Economy Surges While the West Faces Sharp Decline The BRICS alliance is poised to reshape the global economy, with projections indicating it will account for around
Bitcoin is poised for unprecedented mainstream growth, with experts predicting institutional adoption, regulatory clarity, and investment inflows could drive its value to historic highs. Bitcoin’s 2025 Breakout: Expert Sees Unstoppable Mainstream Growth Optimism about bitcoin’s future is increasing, with analysts and industry leaders anticipating significant progress in its adoption. As BTC cements its position as
The mysterious donor, who describes himself as an “ordinary computer programmer and entrepreneur” encoded disturbing messages in his onchain transactions. Mystery Chinese Programmer Burns and Gifts $7M in ETH Before Leaving Bizarre Messages Over the past week, a mysterious individual who calls himself “Hu Lezhi” burnt and donated $7 million worth of ether (ETH) before
A new “cryptocurrency” backed by Argentina’s President, Javier Milei, skyrocketed in value before crashing hours later. The Solana-based meme coin, called LIBRA, lost over 95% of its value, leaving investors in the red. The sudden dump has raised concerns of insider trading and fraud, with blockchain analysts revealing insiders cashed out millions before the price
Trading volume over the past 24 hours surged by more than 51% but bitcoin’s price barely budged. Volume Surges but Bitcoin Struggles for Momentum Bitcoin (BTC) is experiencing minor losses despite a surge in trading volume and a rise in futures market activity. At the time of reporting, BTC is priced at $96,752.07, marking a
The Bitcoin ecosystem is constantly evolving, and one of the latest developments is the integration of stablecoins onto Bitcoin’s blockchain through Taproot Assets. This move has sparked both excitement and debate within the Bitcoin community. To understand the implications of this development, we spoke with Ian Major, Co-Founder of Joltz, a company at the forefront