Crypto in Latam: El Salvador’s Bitcoin Gold Trade and Argentina Welcomes Foreign ETFs
In this week’s Latam Insights: El Salvador’s untapped gold reserves, estimated at over $3 trillion. Could potentially be used to fund large-scale Bitcoin purchases, with President Bukele pushing the idea.
Meanwhile, Argentina opens up to foreign crypto ETFs under new policies, offering investment opportunities in Bitcoin, Ethereum, and other markets. In Brazil, the Central Bank may revise its proposed ban on stablecoin self-custody if technical solutions are found to address regulatory concerns. Providing room for a more agile crypto market.
Clever Robot News Desk 17th December 2024
