Brazil avoids changes to its cryptocurrency tax regulations, while the United States has acquired Argentine pesos.

Latam Insights: Weekly Crypto News

Latam Insights presents a summary of significant cryptocurrency news from Latin America for the past week. The edition covers developments in Brazil, Argentina, and a public offering from OranjeBTC.

Brazil Rejects Proposed Crypto Tax Overhaul

Brazil has successfully averted a proposed overhaul of cryptocurrency taxation linked to President Lula’s administration. The rejection resulted in an estimated $3 billion in lost revenue for the government.

U.S. Treasury Acquires Argentine Pesos

The United States Treasury has made purchases of Argentine pesos, marking a notable development in the region’s financial landscape.

OranjeBTC Goes Public

OranjeBTC has initiated a public offering, signifying a new chapter for the cryptocurrency platform.