Digital assets can represent economic salvation for some and a path to ruin for others. Nevertheless, crypto adoption continues to increase in Latin America and Central America, while regulations are tightening in Europe, Asia, and Australia.

Recent reports indicate that some 270 cryptocurrency companies have applied to operate in El Salvador. This has been confirmed by Juan Carlos Reyes, president of the National Digital Assets Commission.

On the other hand, in Venezuela, which is undergoing political and economic change following the US intervention in January, a new boost in cryptocurrency mining is expected thanks to new OFAC licenses in the energy sector and Donald Trump’s decision to ease sanctions on the national electricity system.

Colombia, meanwhile, is finalizing the details of a cryptocurrency law, although without the participation of the industrial sector. At the same time, the banking sector is analyzing issues such as tokenization and digital assets.

Argentina is moving towards openness, with cryptocurrency adoption around 20 % and Jair Milei’s government authorizing traditional banks to offer digital asset services to their clients.

Stricter regulations and prevention of cryptocurrency crime

In Europe, Spain has tightened regulations. In this regard, the Spanish Tax Agency is now holding a public consultation on the new tax forms (042, 172, 175) for declaring cryptocurrencies, in order to comply with the regional regulation DAC8, from January of this year. The measure strengthens control over balances and transactions, as well as requiring platforms to automatically report them.

In Australia, on the other hand, crypto adoption is among the highest, at 23 % of the total. And although trading is entirely legal, in 2025 the Australian Senate passed the Companies Amendment Bill (Digital Asset Framework), which requires exchanges to hold a financial services license to protect users. Furthermore, the Australian Taxation Office (ATO) levies taxes on capital gains.

Asia maintains a strong stance in favor of strict regulatory compliance in countries such as China, Japan, South Korea, Thailand, Uzbekistan, and even Russia. Throughout the region, anti-money laundering regulations are rigorous, and penalties for violating domestic laws are severe.

M.Pino

With information from cryptocurrency media outlets

(Main reference image source: Michael Förtsch on Unsplash)

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La entrada Cryptocurrency market booms in Latin America and faces regulations in Europe apareció primero en Bitfinance.

The American cryptocurrency exchange Coinbase obtained an operating license from the Central Bank of Singapore, according to a statement this Monday.

The platform, based in the North American country, received authorization from the entity that regulates transactions in Singapore, which allows it to offer payment services in digital currencies.

With this Major Payment Institution (MPI) license, Coinbase expands its operations on the Asian continent with the help of the Monetary Authority of Singapore.

The efforts that the Exchange had been carrying out for more than a year now see their results. Coinbase is now expanding its virtual payment token services for individuals and businesses.

Despite the restrictions that some countries maintain regarding cryptocurrency transactions or their adoption as legal currency, other countries take the risk of incorporating bitcoin trading as an alternative into their economy and financial system.

The International Monetary Fund maintains a position of caution and control in this regard, due to the security vulnerability in the cryptographic market.

Recently, at the request of the Indian presidency of the G20, the organization issued a document that includes a series of recommendations on the risks associated with cryptocurrency transactions.

M.Pino

Source: cointelegraph

(Reference image source: Jonathan Borba, Unsplash)

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La entrada Singapore authorizes Coinbase operations apareció primero en Bitfinance.

The giant of electronic payments, Visa, has announced the ties of cooperation with the digital neobank First Boulevard with the aim of testing an API, which means an application programming interface. 

The proposal will allow clients and institutional partners to buy, guard and exchange bitcoins and other cryptocurrencies held by Anchorage, a bank of digital assets authorized by the federal government.

For his part, Alfred Kelly, CEO of the company, assured that they could add cryptocurrencies to their payment network of more than 70 million merchants.

Likewise, Jack Frestell, Visa’s product director, reported: “We set out to make Visa the bridge between digital currencies and our global network of 70 million merchants and today we are the leading crypto wallet network with 35 crypto platforms choosing to issue with Visa.

He added that with this pilot plan “we want to extend the value to our financial institution and neobank clients by providing an easy bridge to crypto assets and blockchain networks.”

K. Villarroel

Source: diariobitcoin

La entrada Visa partners with digital company to allow buying bitcoin  apareció primero en Bitfinance.