Bitcoin in Spanish is the weekly newsletter of CriptoNoticias in which we review the most important facts related to bitcoin, cryptocurrencies and blockchains in the Hispanic world.
This week Central America was the epicenter of the ecosystem information, due to some of the events that arose within the framework of the Bitcoin Conference that took place from April 6 to 8.
Although the president of El Salvador, Nayib Bukele, was unable to attend the event, the Central American country was cited in many of the talks that were presented. the same scenario served as the basis for the launch of a Bitcoin City project in Honduras.
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On another side of the continent, it stands out the extradition to Argentina of Leonardo CositortoCEO of the multilevel scheme Generación Zoe, after being arrested in the Dominican Republic.
To go to the detail of the news of each Spanish-speaking country during the past week, we leave you the most recent Bitcoin in Spanish.
Argentina
After being arrested a week ago in the Dominican Republic, the CEO of Generación ZOE, Leonardo Cositorto, was extradited to Argentina on April 12.
Cositorto will be taken to the province of Córdoba, the town where his company was headquartered and Where is the court case filed?.
The also promoter of the Zoe Cash token, and suspected of fraud, will first be subjected to investigation before the prosecutor Juliana Companys, then transferred to the Bouwer prison, in the same province of Cordoba.
In another order of ideas, the statements of the former Minister of Security of Argentina, Patricia Bullrich, who published a message in which she assures that stable cryptocurrencies or stablecoins are a solution to the country’s economy, stand out.
Politics indirectly referred to the use of bitcoin and “digital money” in the context of the current war in Ukraine. He drew attention to his way of presenting something that is not as a novelty. This, in addition to referring to central bank digital currencies or CBDCs as “the solution that Argentina needs to combat inflation.”
Colombia
The Binance exchange proceeded to unlock for a limited time the accounts of some Colombian users whose funds had been confiscated. This in order to refund their cryptocurrencies, after nearly seven months of complaints.
However, the company also notified them that it would proceed to deactivate your accounts permanently, and gave them time to enter and withdraw their cryptocurrencies until April 12, 2022.
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However, Colombian users will soon receive another exchange in their territory. The team of the Ripio cryptocurrency platform informed CriptoNoticias about its arrival in the South American country.
As they commented, in less than two months offices will open in Bogotá along with a proposal linked to financial education. Its goal is to expand access to the world of cryptocurrencies in the country and offer a digital wallet for beginner users.
The Savior
Bitcoin Towers is the name of the new project that El Salvador will embark on to attract the bitcoiners of the world to its territory. The project plans the construction of four luxury apartment complexes, which will be located in various coastal points of the Central American country.
The announcement was made within the framework of the Bitcoin Conference 2022, an event in which the country’s president, Nayib Bukele, was going to participate, who at the last minute canceled your participation.
Bukele explained that “unforeseen circumstances” required his presence “full time” as president of his nation. With this he referred to the problems raised with the gangs in El Salvador, a situation that required the president to declare a state of emergency.
The measure comes after more than 80 murders were reported in one weekend at the hands of gang members of the group known as Mara Salvatruchas. And, precisely, with the aim of helping families affected by these crimesa fund was created in bitcoins.
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The initiative is promoted by Paolo Ardoino, CTO of Tether and Bitfinex. The executive indicated that the donated funds will be delivered to the families together with the Salvadoran government and community organizations. Delivery will be subject to “strict control” to ensure fair distribution.
Honduras
Within the framework of the Bitcoin Conference 2022, it was learned that a small private city called Próspera, located on the Caribbean island of Roatán, in the territory of Honduras, adopted bitcoin as legal tender.
This was confirmed by Joel Bomgar, the president of the company Honduras Próspera Inc., which is carrying out the project. He added that, in Prospera, bitcoin will operate as legal currency. This means that there will be no capital gains tax.
“There they can freely transact using bitcoin and can pay taxes and fees to the jurisdiction in BTC,” the manager said.
Mexico
On April 7, Ricardo Salinas, the third richest man in Mexico, took to the stage of the Bitcoin Conference 2022 to tell how he experienced the effects of inflation firsthand.
Salinas recounted all the ills he suffered when the Mexican government devalued the national currency and his money fell in value. He later confessed that currently 60% of its properties it’s in bitcoin.
The businessman showed an image of what he called the “high priests of the fiat religion.” In it were Agustín Carstens, director of the Bank for International Settlements (BIS); Christine Lagarde, President of the European Central Bank; and Janet Yellen, Secretary of the Treasury of the United States.
Finally, he made it clear that he hopes to see the world bitcoinized and that is why he launched to the audience: “sell all your shitcoins and buy bitcoin”.
On the other hand, during the conference, CriptoNoticias spoke with the senator to the Federal Congress of Mexico Indira Kempis, a well-known bitcoiner who spoke about the initiative she is carrying out in her country. The legislator proposes reform some laws to open space for the adoption of Bitcoin in the Aztec country.
“We are going to be in a process of updating our Fintech Law and our Monetary Law to open the discussion in our country and that Bitcoin is the door that opens a new future and new possibilities for Mexico,” Kempis assured.
Peru
According to a report by the Triple A firm, more than 60% of the population of Peru is interested in acquiring bitcoin and other cryptocurrencies. If this level of adoption is met, the South American country could climb to the top of the ranking of the territories with the highest acceptance of digital assets region of.
The study adds that the data means that about 1.2 million people handle crypto assets, so that at least 3.74% of the Peruvian population has cryptocurrencies in their possession, a trend that may increase markedly this year.
Venezuela
The Venezuelan Finance Observatory (OVF) reported this week that monthly inflation registered a significant increase, passing from 1.7% in February to 10.5% in March 2022.
This new index has lowered the favorable projections for the Venezuelan economy, affecting the pockets of citizens despite the salary increase recently decreed.
This is the first inflationary increase since July 2021, since since that date the inflation rate had been falling month by month. The fact also harms those citizens looking for alternatives to store value in the dollar or bitcoin.
events of the week
Among the events related to bitcoin, cryptocurrencies and blockchains in the region for this week, the following stand out in the CriptoNoticias calendar:
- Wednesday April 13: «NFT’s», discussion about non-fungible tokens, organized by Web3 Latam.
- Wednesday April 13: «Web3 Analytics», a discussion on data on chain analysis, organized by Web3 Latam.
- Wednesday April 13: Webinar in streaming «Transition towards a personal economy based on bitcoin», organized by NGO Bitcoin Argentina.
- Thursday April 14: Streaming webinar “Introductory talk on bitcoin and blockchain”, organized by NGO Bitcoin Argentina.
- Thursday April 14: «Decentralab», introductory talk to the world of DAOs and decentralized governance organized by Web3 Latam.
- Friday April 15: «Blockchain X Social Impact», event organized by Web3 Latam.
- Monday April 18: «Digital Currencies», event by Web3 Latam to talk about cryptocurrencies, bitcoin and blockchains.
Businesses that accept cryptocurrencies in Spanish-speaking countries
- Ceci’s Grilled Delights (restaurant, Salinas, Ecuador)
- Destinations Tours travel and ecotourism (travel agency, Colombia)
- JAM Services (Maxikiosko in Misiones, Argentina)
- Taqueria Cinco The Downtown (Restaurant, Veracruz, Mexico)
- intuition (Clothing store in Caracas, Venezuela)
- Congo Monkey (Coffee in Dominical, Costa Rica)
- farm (Pharmacy in Dominical, Costa Rica)
- The Seventy Crepes (restaurant in Bogota, Colombia)
- crypto jeans (jeans factory in Colombia).
- Native Bamboo (Hotel located in La Montañita, Ecuador).
- La Manuela Tattoo (tattoo studio in Madrid, Spain).
Do you know or have a small business that accepts bitcoin and other cryptocurrencies for its products and services?
We invite you to share the information with us through [email protected]. We will inform about the adoption of cryptocurrencies of that business in some of the Spanish-speaking countries.