Latam Insights: El Salvador Introduces Bitcoin Banking Bill, Argentina Opens Market to Bitcoin

In this edition of Latam Insights, we cover key developments in Latin America’s crypto and economic landscape. 

The Salvadoran government is proposing a bitcoin banking bill, aiming to reform banking laws to enable new banks offering bitcoin and crypto services. President Milei of Argentina reinforces plans for currency competition, including bitcoin, while also addressing potential accounting challenges. Meanwhile, Wasabi Wallet’s lead developer acknowledges bitcoin’s limitations as a medium of exchange, highlighting the need for improvements in user experience.

Clever Robot News Desk 24^th June 2024