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Latam Insights: Brazil Discusses Strategic Reserve; El Salvador Passes Bitcoin-Friendly Banking Law
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Brazilian Congress prepares to discuss a Strategic Bitcoin Reserve bill, El Salvador passes a…
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Bo Hines, Leader of the White House Crypto Council, Steps Down
Bo Hines, the executive director of US president Donald Trump’s White House Crypto Council, announced he is stepping down on Saturday.Hines, who was appointed by the president to lead the advisory group in December 2024, said he is stepping…
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Institutions and Big Banks Dominating Crypto Narratives, While Cypherpunk Ethos Retreats
Traditional financial institutions are increasingly shaping the narratives in the crypto sector, and are poised to benefit the most from the current trends, according to Arthur Azizov, founder of B2 Ventures, a private “alliance” of crypto…
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Block Surges 10% Pre-Market As Jack Dorsey’s Firm Extends Saylorization Trend
Jack Dorsey’s Block saw its XYZ stock surge on Friday in pre-market trading following reports that the firm added more Bitcoin (BTC) to its stockpile in the second quarter (Q2).
Block is one of the firms accelerating the Saylorization…
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SEC Staff Guidance on Liquid Staking Leaves Regulatory Questions
The US Securities and Exchange Commission’s latest comments on liquid staking have sparked a mix of optimism and concern, highlighting the regulatory gray area surrounding one of crypto’s fastest-growing sectors. While some in the industry…
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Base Incident Report Reveals Infrastructure Weakness Behind Outage
Base has confirmed it experienced a 33-minute disruption on August 5, halting block production on its mainnet. The disruption occurred when Base’s active sequencer fell behind due to high onchain activity. Details of the 33-Minute…
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Altseason or Another False Start? Experts Split on Altcoin Market’s Next Move
Many experts have predicted the return of a long-awaited altcoin season. A declining share of Bitcoin dominance and sporadic outperformance in select altcoins have pointed to a subtle rotation into smaller, higher-risk…
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China To Permit Launch of Yuan Stablecoin to Rival U.S.
China is set to approve the development of the first Yuan stablecoin for internal and external use. According to a report by the Financial Times, China has continued to use Hong Kong as its testbed for cryptocurrency and blockchain…
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End-of-July Bitcoin Dip Explained: What Triggered It? (CryptoQuant)
The hottest month of the year also saw some of the hottest climbs for the largest digital asset, which reached unseen territories driven by global demand.
The market is naturally cooling after a month of events, and…
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US SEC Commissioner Slams Agency’s Statement on Liquid Staking: “Muddies the Waters”
US SEC Commissioner Caroline Crenshaw sharply criticized a staff statement released on Tuesday by the regulator’s Division of Corporation Finance that praised the SEC’s position on liquid staking activities, saying it created more confusion…
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