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Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance

Latam Insights: El Salvador to Receive .61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks BinanceWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and the Paraguayan justice system convicts an individual for energy theft crimes […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands

Venezuelan Government Blocks Binance, Cutting P2P Market Access for ThousandsCANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings and even P2P markets, which are popular among those using crypto as […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Tether CEO Hints at Development of Global P2P Financial Markets Terminal

Tether CEO Hints at Development of Global P2P Financial Markets TerminalTether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal. Ardoino explained that decentralization in the payments area, where humanity is “getting rid” of the monopolistic intermediaries, could also improve the financial markets data industry. This would also allow exchanges to monetize their […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Argentinians Are Now Using P2P Markets to Multiply Their Savings

Argentinians Are Now Using P2P Markets to Multiply Their SavingsArgentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers. Maximiliano Hinz, Latam operations director of Binance, states that […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs