Latam News: Bukele Fights High Prices, Paraguay Enforces Stricter Crypto Mining Regulations

In this week’s Latam Insights: President Nayib Bukele of El Salvador takes decisive action against price gouging by expanding Farmers’ Markets across the country, echoing strategies of Hugo Chavez. 

Meanwhile, Paraguay enforces strict penalties, including up to 10 years in jail, for electricity theft linked to cryptocurrency mining. In other news, Venezuelans received over $460 million in cryptocurrency remittances in 2023, underscoring its critical role amidst economic challenges and significant migration from the country.

Clever Robot News Desk 15th July 2024

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