Bitcoin in Spanish speaking is a weekly newsletter from CriptoNoticias in which we review the most important news related to bitcoin, cryptocurrencies and blockchains in the Hispanic world.
After a week of much movement in El Salvador, bitcoin continues to be the protagonist in the Central American country. The government bought more bitcoins (BTC) despite criticism from international bodies.
Meanwhile, in Colombia there are also criticisms against cryptocurrencies despite the fact that the local currency, the peso, looks weak. On the other hand, non-fungible tokens (NFTs) continue to dominate the cryptocurrency and blockchain ecosystem in the region. In this case, from Argentina to Venezuela.
Do you want to know more about current affairs in Hispanic countries? Next, we present the weekly summary of CriptoNoticias with the most important events for bitcoin , cryptocurrencies and blockchains among Spanish-speaking countries:
Argentina
The first news that we highlight this week is about the Argentine Federal Blockchain , which brings together companies and institutions from the South American country. In more than a month, this blockchain has not presented activity , which makes citizens question its usefulness. Although we published the news in this medium on November 22, at the time of writing this newsletter the situation has not changed.
On more positive notes, we have the news that Belo, one of the brokers that exist in Argentina, incorporated almost immediate transactions with bitcoins through the Lightning network to its platform .
In Argentina, the NFTs are gaining strength, both in the sports world and in the entertainment world. The national soccer team launched its second token collection this week. For their part, artists such as Nikki Nicole and Babasónicos will do the same with the Ripio exchange.
Colombia
In Colombia, the situation of the local currency, the peso, is not the best. During the week, the price of the dollar increased and approached 4,000 pesos for the second time this year. In addition, with Colombians using more and more online payment channels, bitcoin could be presented as an alternative for Colombians to protect themselves from the devaluation of their currency.
The latter might not like the former presidential candidate Gustavo Petro, who assured last Tuesday that cryptocurrency mining was very harmful , due to its energy consumption.
The Savior
After the closing of Bitcoin Week in El Salvador and the news that they could issue new Bitcoin-based bonds, the government of Nayib Bukele continues to speak for its management of resources and the purchase of BTC. Taking advantage of a new drop in the price of the main development of cryptocurrency on the market, the Salvadoran government added another 100 BTC to its coffers.
The way in which Bukele has driven the adoption of cryptocurrency in his country has not been well received by everyone. In fact, the International Monetary Fund (IMF) again warned of the risks of Bitcoin. The Bank of England also joined the organizations that have shown their concern about what is happening in the Central American country.
Spain
People don't wait for their respective governments to take steps like Bukele's. They use cryptocurrencies without the existence of a Bitcoin Law. In the case of Spain, a recent survey revealed that the majority are looking for profit or the possibility of having assets that are not under state control.
Also in the European country, the National Securities Market Commission (CNMV) remains concerned about the presence of advertising dedicated to cryptocurrency investment platforms that are being investigated for suspicious activities.
Mexico
"Buy bitcoin right now" is the advice of Mexican billionaire Ricardo Salinas Pliego. The recommendation came just after criticizing the monetary policy of the United States, which has inflated the issuance of banknotes to levels never seen before, something that Salinas called "irresponsible."
And precisely, one of the most renowned soccer clubs in Mexico, Tigres UANL, allied with the Bitso exchange. In addition to being a sponsor of the Mexican soccer First Division team, Bitso and the club will explore the integration of payments with bitcoin for tickets and souvenirs . They could even pay players with cryptocurrencies.
Venezuela
The popularity of NFTs is evident among Venezuelans. According to the Finder firm, already at least a third of the population knows what these tokens are, which have gained a lot of ground as a source of income in this and other countries with economic difficulties.
The NFTs have even reached the Venezuelan government, which this week immortalized the Guinness Record obtained by the National System of Orchestras with a collectible token .
This week, in this newspaper we review the growth of Binance as an alternative for payments in shops in Venezuela. We also have the experience of paying with bitcoin and other cryptocurrencies on the streets of Caracas.
Events of the week
Among the events related to bitcoin, cryptocurrencies and blockchains in the region for this week, the following stand out in the CriptoNoticias calendar:
- Monday, November 29: «Digital currencies», organized by Web3 Latam.
- Tuesday, November 30: "Cycle of crypto webinars: Legales & NFT's (Cryptocurrencies and their tax aspects)", event organized by BitcoinAR.
- Wednesday December 1: «NFT's». Organized by web3 Latam.
- Thursday, December 2: "Introductory talk to Bitcoin and Blockchain", by the NGO Bitcoin Argentina.
- Friday, December 3: «Blockchain x Social Impact», by Web3 Latam.
Merchants that accept cryptocurrencies in Spanish-speaking countries
- Piurer (online florist in Spain).
- Global Motor’s (vehicles and motorcycles in Argentina).
- Remington Center (beauty products in Caracas, Venezuela).
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