The Good, the Bad and the Ugly of Latin American Politicians Embracing Cryptocurrency

The big story out of The Bitcoin Conference 2021 in Miami last week, was the announcement from the current President of El Salvador - Nayib Bukele, that it will propose a bill for Bitcoin to be legal tender in the Central America country. This will start to generate momentum for the crypto industry in the region outside the techies, enthusiasts and speculators. Brazil, Mexico, Colombia and Chile have started to legislate and accommodate Fintech Startups from the region such as NuBank, ALBO and Belvo to grow in each country.