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Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Paraguay strengthens its crypto reporting requirements, Argentina blocks operations for a peso stablecoin, and new revelations surge in the case against Libra in Argentina. Paraguay Strengthens Mandatory Reporting Requirements for VASPs and
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Suspected $3.7M Exploit Hits Venus Protocol After Attacker Uses Illiquid Token as Collateral

Venus Protocol, a decentralized finance ( DeFi) lending platform on BNB Chain, is investigating unusual activity after an address allegedly used the illiquid $THE token as collateral to extract roughly $3.7 million in digital assets before large-scale liquidations began. Suspected $3.7M Venus Protocol Exploit Hits BNB Chain Lending Markets Onchain and social media alerts