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Seizable? Indeed! Crypto Is Now Closer to Functioning as Money in Brazil

Coins Legend April 14, 2025 0

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how an unfortunate ruling has brought cryptocurrency closer to being considered money in Brazil, making it seizable for settling debts. Latam

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Ethereum Drives Highest Daily Liquidations on Aave V3 Since February Amid Market Volatility

Coins Legend April 14, 2025 0

This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in collateral was liquidated between April 6 and 7, following a similar trend earlier in the year when around $211.2 million was liquidated during the

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JAN3 CEO Samson Mow: Adoption Is Accelerating, US Purchases to Ramp up This Year

Coins Legend April 14, 2025 0

JAN3 CEO Samson Mow believes that the adoption process of bitcoin by nation-states is imminent, declaring that it might even start this year. At a recent podcast, Mow stated that the notion that bitcoin adoption could take 20 or 30 years was outdated. “If you look at everything that’s happening in the world today, the […]

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Argentine Securities Regulator Launches Innovative Tokenization Framework

Coins Legend April 14, 2025 0

The Argentine securities regulator (CNV) stated that this tokenization regime positions Argentina at the forefront of the region. The framework will allow for the tokenization of various assets, including stocks, within a sandbox structure that will be active for an entire year. Argentine Regulator Debuts Tokenization Regime and Sandbox Structure Argentina is making

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Metaplanet Acquires Additional 319 Bitcoin, Total Holdings Reach 4,525 Bitcoin

Coins Legend April 14, 2025 0

Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), has announced the acquisition of an additional 319 bitcoin as part of its ongoing Bitcoin Treasury Operations, increasing its total bitcoin holdings to 4,525 BTC. The latest purchase was made at an average price of 11,845,786 yen per Bitcoin, resulting […]

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Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets

Coins Legend April 14, 2025 0

Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction, and transaction confidentiality as the main advantages of this system compared to alternatives like SWIFT. Experts Warn Upcoming BRICS Payment System Might Dent

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Latam Insights: Argentine Congress Takes Aim at Libra, Crypto Now Seizable in Brazil

Coins Legend April 14, 2025 0

Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the Argentine lower chamber will investigate Libra’s launch, cryptocurrency can now be legally seized in Brazil, and the Brazilian CBDC pilot, drex, has hit a roadblock. Argentine Congress to Formally […]

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Blockchain Surveillance Firm Elliptic Expands Coverage to Over 50 Chains

Coins Legend April 14, 2025 0

Elliptic, a blockchain surveillance firm, has expanded its coverage to include over 50 blockchain networks, a move aimed at improving its ability to track and analyze digital asset transactions. This expansion follows data indicating that 33% of complex cross-chain investigations involve more than three blockchains, highlighting the growing need for comprehensive

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Police in Hawaii Sound Alarm as Crypto Scams Drain Life Savings

Coins Legend April 14, 2025 0

Crypto scammers are sweeping through Hawaii with emotionally manipulative schemes that are draining millions from victims, exploiting fake friendships and fraudulent investments in digital currency. Crypto Scams Sweep Through Hawaii—Victims Hooked by Fake Friendships A scam targeting older residents has prompted a public warning from the Kauai Police Department (KPD),

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Fake McAfee Pop-ups Hijack PCs in Ruthless Bitcoin and Gold Bar Scams

Coins Legend April 14, 2025 0

Criminals are leveraging counterfeit McAfee pop-ups to deceive individuals in Pinellas County, Florida, by gaining unauthorized remote access to personal computers. Once control is obtained, scammers manipulate victims into transferring funds through bitcoin ATMs, purchasing gold bars, or withdrawing substantial cash amounts that are later picked up by couriers. One recent