South America

South America

El Salvador Becomes First Country to Make Bitcoin Legal Tender

Bitcoin, the world’s largest cryptocurrecy, has become the legal tender in El Salvador. The central American country is now the first ever to make...

El Salvador Wants to Be the First Country to Formally Adopt...

El Salvador President Nayib Bukele said Saturday he will introduce a bill to Congress this week for the country to formally adopt the bitcoin...

Latin America’s Challenge of Financing Energy Recovery

Hit by the pandemic’s socioeconomic and health impacts, Latin America is facing the challenge of financing an economic recovery based on a sustainable energy...

TCS to Develop Blockchain Ecosystem in Latin America

Tata Consultancy Services has partnered with LACChain to develop a blockchain ecosystem across Latin America and Caribbean Islands. LACChain is an initiative led by IDB...

Argentinean Cryptocurrency Exchanges Required to Report Monthly Transactions and Wallet Balances

Argentinean Federal Administration of Public Revenue (AFIP) ordered all virtual currency-related transactions to be reported every month in an effort to hunt tax evaders...

Atlas Secures Finance for 359 MW Solar Project in Brazil

Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB...