The most noteworthy cryptocurrency developments in the region this week came from Argentina, Brazil, and El Salvador.

El Salvador is planning a $100 million tokenised investment program for local SMEs, Brazil is considering a bill to eliminate crypto taxes and establish a strategic Bitcoin reserve, and Argentina’s fintech industry suffered a blow when lawmakers revoked a proposal that would have permitted salaries to be paid into digital wallets.

Together, these tales demonstrate how governments and businesses in Latin America are experimenting with new models for reserves, investments, and daily financial access, making the region a crucial arena for crypto policy and innovation.

Fintech setback in Argentina’s salary deposit reform

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