Watam Crypto Wrap: Bolivia organizes Fintech as the best $ 625 million of El Salvador
The coding scene in Latin America continues to develop, with new products and regional expansions that highlight its rapid growth.
Recently, the Minister of Economy and Secretary General Bolivia, Marcelo Montenegro, announced the approval of a new decree aimed at organizing technical technology companies and virtual asset services.
On the other hand, Bitcoin’s possessions of El Salvador exceeded 620 million dollars, supported by the Bitcoin price, which breaks the brand of $ 100,000.
Bolivia organizes technical assets and digital assets
The new initiative for Bolivia aims Providing clear legal reasons for new financial services Dependence on Blockchain and digital assets, in light of the rapid growth of the sector in this country over the past twelve months.
With the support of President Louis Ars, he is trying to create a favorable environment to encourage startups in the public and private sectors.
According to the official Bolivian news source, the regulations provide payment, transfers, loans, symbolic assets, etc., in a safe and confident environment for Fintech services in this country.
This decree is also a major change for more than 40 Fintechs who work in Bolivia, most of them in Santa Cruz, Lei Paz and Kothabba.
These companies are currently working in a gray area that is not regulated relatively, bringing with them fears of insufficient user protection and unsafe transactions.
Companies must obtain the appropriate licenses and comply with data protection standards and ratify standards under the new rules, which must be completed within 40 working days by the ASFI.
This regulation is expected to encourage the country’s national and international investor’s interest in the country, with Bitcoin and Ethereum use in the country with Bolivia preparing to take a greater role in the encrypted square and Blockchain.
Bitcoin al -Salfador’s possessions exceed 625 million dollars
Salvador Bitcoin amounted to $ 620 million The price of bitcoin also rose above $ 100,000.
The government currently has 6,170.18 BTC, with the last average daily purchases of $ 95,000 per coin.
Prime Minister Bochley is still committed to Bitcoin, with the support of the Minister of Economy Maria Louisa Hayim, who sees the origin that it is crucial to financial policy and the attractiveness of investors.
This week, Bukele met with Jeff Both, well -known investment capitalist, to develop Bitcoin relationships.
Despite the warnings of the International Monetary Fund, El Salvador continues to adopt digital assets, after global trends developed by companies such as Microstrategy and metaplanet.
Brazil Brazil becomes the first state to organize the Blockchain micro -credit courses
Brazilian Parana has become The country’s first state to officially organize accurate credit courses To update higher education and agree with the requirements of the labor market.
In partnership with the State Council for Education (CEE-PR) and the Secretariat of Science, Technology and Higher Education (SETI), the Blockchain initiative will use to provide originality, transparency and security for digital certificates.
In the first year, the state can see up to 175 short courses from the seven public universities, in areas that include public administration, information technology and business development.
The AR fund will help with two million dollars in developing training courses, and the remaining regulations have been adapted to allow each Higher Education Institute to determine the small credit framework.
With Blockchain, certificates will be unchanging and can be easily shared via jobs and academic networks, prevent fraud and acceleration of employment.
Likewise, these small credits will work on a scientific degree, graduate studies or extension programs, thus providing a multi -use educational model and a future among public institutions throughout the state of Parana.
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