E-Commerce Giant MercadoLibre Discloses $7.8M Bitcoin Buy
The Latin American retailer said the purchase was in the last quarter.
Latin America
Independent deputy Jose Luis Ramon said his bill would promote greater autonomy and self-governance for Argentina's citizens.
The statement comes after Mexican billionaire Ricardo Salinas Pliego said his bank would accept bitcoin.
Buenbit plans to expand in Peru, Colombia and either Brazil or Mexico.
Latin Americans are increasingly turning to stablecoins as a store of value.
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
Latin America
