Cryptocurrency
Latin America's Crypto Developments
Sunday. July 21 at 2:00 AM
1 min. readBeInCrypto's comprehensive Latam Crypto Roundup covers the latest news and trends in Latin America's crypto scene. This week's highlights include Internet Computer's Bitcoin payments pilot in Mexico, Paraguayan miners moving to Brazil, and Outlier Ventures' Web3 accelerator in Latam. Internet Computer Hub Mexico and DitoBanx are testing Chain-Key Bitcoin payments at universities in Mexico. The unique CKBTC transactions are completed in seconds. Banco de la República in Colombia has decided against a CBDC due to risks. Outlier Ventures and Morgan Creek Digital are launching an accelerator program in Latin America. Brazilian and Salvadoran parliamentarians are forming a group to strengthen relations. Paraguayan miners are relocating to Brazil due to electricity tariff increases. These developments showcase Latin America's growing influence in the global crypto market.