Author: NBTC

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Venezuela prepares to implement a blockchain-based settlement system, Milei’s party wins big in Argentina’s midterm elections, and tokenization booms in Brazil. Historic: Bitcoin and Stablecoins to Be Integrated Into Venezuelan Banking Network A system that bridges traditional banking and blockchain is currently in the works in Venezuela. Conexus, a company that manages a system that drives 40% of the electronic transfers made in Venezuela, is now in the early stages of research and development of a platform…

The Hong Kong Monetary Authority (HKMA) is seeking to grow the tokenization ecosystem as part of its four-pronged growth strategy for its fintech sector over the next five years. In a statement on Wednesday during Hong Kong Fintech Week, HKMA said its Fintech 2030 strategy will focus “on four strategic pillars” referred to as “DART,” covering data, artificial intelligence, resilience and tokenization across 40 initiatives. Source: HKMA “The HKMA will accelerate the tokenisation of real-world assets (RWAs), including financial assets, and lead by example by regularising the issuance of tokenised government bonds and exploring the concept of tokenising the Exchange…

Binance co-founder Changpeng “CZ” Zhao has pushed back on reports that he has been driving a proposal to establish a crypto-friendly private bank in the Central Asian nation of Kyrgyzstan, where he provides advisory services. The rumors emerged after Kyrgyzstan President Sadyr Japarov told the Kabar news agency on Sunday that CZ had visited the country in May and suggested a cooperative effort to establish a private bank that also deals in cryptocurrency. Japarov claims he would have preferred to open a state-owned bank, but when CZ rejected the idea, “we agreed to open a private bank,” instead, which resulted…

While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the Bank of Russia, stated that cryptocurrencies cannot be used for settlements within the country. Bank of Russia Rejects Crypto Usage for Internal Payments The Facts The Bank of Russia has rejected the possibility of adopting cryptocurrency assets to complete payments inside the country. During a speech at a session in the State Duma, Russia’s equivalent of the House of Representatives, Bank of Russia’s head Elvira Nabiullina stated: Cryptocurrency cannot be used for payments…

Bitmine is making one of the boldest moves in the crypto market today. The firm continues its aggressive Ethereum buying spree while sitting on nearly $3.5 billion in unrealized losses. Despite these losses, Bitmine has already accumulated around $12.4 billion worth of ETH. This strategy places the company close to controlling a meaningful share of Ethereum’s total supply. Market participants now watch Bitmine closely. Many analysts view this move as a long-term bet on Ethereum’s future relevance. Others see growing risks tied to concentration and price volatility. The scale of Bitmine Ethereum accumulation already sets it apart from typical institutional…

One trader who was once commended to possess a 100 percent win percentage has plunged into a nightmare. The portfolio by the trader plummeted after yielding a profit of 33.2 million into a loss of 5.5 million realized, which is considered to be one of the most spectacular losses in recent trading records. The collapse saw crypto markets become strongly bearish and wiping out months of gains in Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Hyperliquid (HYPE). 完璧トレーダーが赤字に転落！ 100%勝率を誇るトレーダーが、3320万ドルの利益が550万ドルの損失に崩れ落ちるのを目の当たりにしました。 彼は今、$BTC、$ETH、$SOL、$HYPEのロングポジションで合計2150万ドルの未実現損失を抱えています。 この市場では誰も安全ではありません https://t.co/jRRKClkvBQ — Fujangankan (@fujangankan) November 3, 2025 Huge Positions and Exposure to leverage There is a report that the…

Ethereum (ETH) has traded sideways around the $3,000 level for the past two weeks. Although recent buying came from firms such as BitMine and Trend Research, the demand appears insufficient. The following data reveals the rest of the picture, as selling pressure remains equally strong. As a result, ETH is unlikely to stage a quick recovery in the short term. 1. ETH Exchange Reserves Rise Again During Christmas Week Data from CryptoQuant shows that ETH reserves across all exchanges had declined steadily for several months. However, the trend reversed in December. This week, ETH exchange reserves increased from 16.2 million…

Standard Chartered CEO Bill Winters said on Monday that Hong Kong’s push into tokenized money and stablecoins could lay the foundation for a new era of digital trade settlement. Speaking at Hong Kong FinTech Week, Winters pointed to ongoing pilots in tokenized deposits and the creation of a Hong Kong-dollar-backed stablecoin as potential breakthroughs for cross-border commerce. “I wouldn’t say that we’ve fully captured the digitized nature of those flows as yet, but we will,” Winters said. “Having innovations like the tokenization of deposits being led in Hong Kong, the establishment of Hong Kong dollar stable coins … becomes a…

TL;DR Crypto mining waste heat now warms homes for ~140,000 people in Finland. Companies like MARA and Hashlabs connect water-cooled miners to city heating networks. The circular model provides miners with dual revenue and helps cities cut carbon emissions. Excess heat from cryptocurrency mining now warms homes across Finland. Operators such as Hashlabs, Terahash, MARA, and MinersLoop connect water-cooled ASIC miners to district heating networks and inject captured heat into municipal pipelines. Crypto Economy analysts estimate coverage for about 140,000 residents, near 2.5% of the national population. Utilities ease pressure on conventional boilers and cut carbon output by substituting recovered…

Ethereum price has struggled to regain momentum, hovering near the $3,000 level over recent sessions. This prolonged consolidation has weighed on sentiment and weakened short-term confidence among ETH holders. Still, shifting on-chain signals and historical price behavior suggest conditions may be forming for a potential rebound. Ethereum ETFs Continue To Lose Money Ethereum ETFs have faced sustained pressure over the past two weeks. During this period, only one trading day recorded net inflows, largely driven by Grayscale activity. Outside that session, investors consistently pulled capital from ETH ETFs, signaling caution across traditional finance channels. This pullback appears cyclical rather than…