I hope everyone is having a great Friday. Thanks again for reading.
For those of you who missed it earlier this week, I published a note about Bukele’s plans to use state geoethermal company LaGEO for issuing El Salvador’s volcano bonds.
Besides that, here are several things you need to know from the past week in Latin America crypto politics:
Colombia’s congress will debate a crypto bill on 15 April. Mauricio Toro’s bill is at the center of the debate. Toro is a former professor and tech policy expert. He’s worked on the regulations for digital platforms, like Uber, and digital exchanges.
El Salvador’s foreign vice-minister Adriana Mira and Colombian tech official Erez Zaionce signed an agreement to exchange blockchain know-how. The measure is another sign of quiet cooperation going on behind the scenes of Nayib Bukele’s Bitcoin policy.
Sunacrip, the crypto regulator in Venezuela, made a series of upgrades to its PetroApp. Venezuela’s state-run app now allows users to exchange Petro for other cryptos.
Guatemalan Bitcoin policy at Lake Atitlan now involves a Bitcoin mining initiative. The mayor Cesar Piedrasanta signed an agreement with Mexico-based Biomining.
Brazilian city of Rio de Janeiro will now accept bitcoin. Residents can use crypto to pay their taxes.
Coinbase is in talks to buy 2TM. Brazil’s largest crypto exchange could be acquired by the US exchange.
Exxon is analyzing a Bitcoin mining pilot in Argentina’s Vaca Muerta shale. There is a handful of other countries in which similar Exxon pilots are being considered too.
Argentine Ripio is now operating in Colombia. The exchange has been preparing to offer crypto services in Colombia since last year.