Latin America Brief: El Salvador Educates Public Servants on Bitcoin, Mercado Libre Debuts Stablecoin
Latam Insights covers the latest in Latin America’s crypto and economic scene. El Salvador will train 80,000 public servants in bitcoin through a new module in the Public Administration curriculum, overseen by the Bitcoin Office and the Higher School of Innovation in Public Administration (ESIAP).
Mercado Libre, the region’s largest company, has launched meli dolar, a dollar-pegged stablecoin for Brazil, developed with Ripio and issued by Meli Uruguay S.R.L. Meanwhile, Paraguay’s National Power Administration (ANDE) has confiscated 693 mining machines from an illegal bitcoin mining operation in Hernandarias, using SCADA systems to detect significant power consumption discrepancies.
Clever Robot News Desk 26th August 2024
