Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Paraguay strengthens its crypto reporting requirements, Argentina blocks operations for a peso stablecoin, and new revelations surge in the case against Libra in Argentina. Paraguay Strengthens Mandatory Reporting Requirements for VASPs and Individuals…

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Bitcoin whales resume accumulation near $71K

Whale wallets ramp up Bitcoin buying as price hovers around $71K, according to on-chain data published by Santiment. Summary Bitcoin whales resumed accumulation after two weeks of selling. BTC gained 2.4% while the S&P 500 fell 2.2% over five weeks. Long-term holder MVRV at -25% signals potential accumulation zone. Wallets holding between 10 and 10,000…

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