Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news…
Bitcoin
De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says…
Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including…
Police in Kosovo Seize Crypto Mining Rigs From Serbs
Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb…
CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media…
The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
Amid the banking chaos of the 21st century, some are looking back more than 600…
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
Statistics recorded on April 15, 2023, show that the number of coins in circulation for…
Shapella Upgrade Hits, Economist Predicts Biggest Crash ‘in Your Lifetime,’ US Bank Lending Plummets — Week in Review
In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking…
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent…
Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not…
Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New…
G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required
The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be…
De-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official
Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing…
Jeffrey Tucker on De-Dollarization: USD Will No Longer Be King, We’re at Turning Point for US Dollar
Jeffrey Tucker says we are at the turning point for the U.S. dollar, citing a…
Former President Donald Trump Likens US Losing Currency War Against China to America Losing a World War
Former U.S. President Donald Trump has warned that the U.S. losing a currency war against…