Month: July 2024

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele eliminated import taxes for basic products for a decade in El Salvador, Argentina defined rules for regularizing cryptocurrency assets, and OFAC sanctioned the Venezuelan gang Tren de Aragua. President Bukele […] Source: https://news.bitcoin.com/latam-insights-bukele-slashes-import-duties-in-el-salvador-argentina-enacts-crypto-tax-normalization/

The African Union (AU) has approved its Continental Artificial Intelligence (AI) Strategy and African Digital Compact to drive Africa’s digital development. These initiatives aim to accelerate digital transformation by leveraging new technologies while ensuring ethical use and minimizing risks. The strategy provides guidance for African countries to harness AI, preserve identity, languages, and cultures, and […] Source: https://news.bitcoin.com/african-union-approves-continents-artificial-intelligence-strategy/

Following the announcement that President Joe Biden will withdraw from the 2024 election, the prediction market Polymarket now indicates an 81% probability that Vice President Kamala Harris will be the Democratic nominee at the upcoming national convention. Polymarket Shows Kamala Harris as Democratic Favorite On Sunday afternoon, President Biden declared he would not seek re-election […] Source: https://news.bitcoin.com/biden-exits-2024-election-polymarket-predicts-kamala-harris-as-leading-democratic-nominee/

Following weeks of increasing pressure from Democrats, President Joe Biden announced Sunday that he will drop out of the 2024 presidential race and not seek reelection. He will finish out his term, however. “While it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand…

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Seven U.S. states have united in a coalition to challenge the U.S. Securities and Exchange Commission’s (SEC) regulation of cryptocurrency. The states filed an amicus brief arguing that the SEC’s “power grab” would stifle innovation, harm the crypto industry, and exceed its authority. Seven-State Coalition Opposes SEC’s Cryptocurrency Regulation The Office of the Attorney General […] Source: https://news.bitcoin.com/7-us-states-unite-to-challenge-secs-crypto-overreach/

The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14, 2024. The event, hosted at the stunning Calima Eventos in the Puerto Madero area, promises a blend of networking, innovation, and entertainment over three days. Attendees can look forward to engaging discussions, a […] Source: https://news.bitcoin.com/bitcoin-cash-bch-conference-2024-coming-to-buenos-aires-argentina-in-october/