Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a bill to criminalize crypto-linked foreign currency tax evasion surges in Brazil, El Salvador finalizes its Bitcoin Diploma 2.0 educational program, and Engie mulls adding bitcoin mining to its operations in Brazil.
Bill Criminalizing Crypto-Powered Foreign Currency Tax Evasion Surges in Brazil
Brazil is taking measures to tighten its grip on rising volumes of crypto outflows, especially those involving stablecoins, by imposing penalties on undeclared cryptocurrency transactions.
Bill 746/2026, introduced by Federal Deputy Tabata Amaral, explicitly defines the crime of cryptocurrency tax evasion, getting stablecoin exchanges outside a gray zone classified as a loophole by some regulators and government officials.
The crime of foreign currency tax evasion is defined in Brazilian regulation as “carrying out an unauthorized exchange operation, with the purpose of promoting the evasion of foreign currency from the country.”
Read more.
El Salvador Finalizes Bitcoin Diploma 2.0 Educational Program
El Salvador is on the verge of expanding its bitcoin and money programs with a new educational development.
The National Bitcoin Office (ONBTC) of El Salvador recently announced the completion of its Bitcoin Diploma 2.0 educational program, an overhaul of prior attempts to bring bitcoin and money concepts to Salvadoran public schools.
The program, developed in partnership with innovation agency Wespark, explains the story of money and the rise of bitcoin in the simplest way possible, avoiding technical jargon.
Read more.
Engie Eyes Bitcoin Mining to Address Solar‑Power Curtailment in Brazil
Engie, a global power company, is seeking alternatives to leverage its excess solar power generation in Brazil.
According to reports, Eduardo Sattamini, Engie county manager for Brazil, stated that the French energy conglomerate is considering using part of the energy produced in Assu Sol, its largest solar facility, to power local bitcoin mining or data center operations.
Nonetheless, while the company is currently looking at other companies that would take the energy curtailed for these processes, Sattamini acknowledges that it will not be a quick process, as the logistics behind this option encompass interested companies building infrastructure near the complex.
Read more.
FAQ
- What recent legislation related to crypto is being proposed in Brazil?
A bill in Brazil is seeking to criminalize foreign currency tax evasion linked to cryptocurrency, targeting undeclared transactions.
- What does El Salvador’s Bitcoin Diploma 2.0 program aim to achieve?
The program provides education on bitcoin and financial concepts for public schools, simplifying the subject for students.
- Why is Engie considering bitcoin mining in Brazil?
Engie plans to leverage excess solar power generation in Brazil for potential bitcoin mining operations to address solar power curtailment.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
USD/JPY Hits 160 Again – Is a Bitcoin Crash Coming Next?
_USD/JPY crosses 160 for the first time since July 2024, raising attention from global investors._
_July 2024 BOJ intervention dropped USD/JPY 20 points, Bitcoin 30%, and S&P 500 10%._
_Strengthening yen raises borrowing costs for leveraged investors, affecting stocks and crypto
LiveBTCNews14m ago
The cryptocurrency fear index has dropped to 9, with the market continuing to maintain "extreme fear."
The current cryptocurrency market fear and greed index has dropped to 9, indicating extreme fear in the market, well below yesterday's 12 and last month's average of 13. This index consolidates multiple indicators to assess market sentiment.
BlockBeatNews54m ago
Bitcoin Sell-Off Reveals Whale-Driven Rotation as Retail Capitulates and Leverage Resets
_Whales drove the sell-off, absorbed liquidity, while retail exited and leverage flushed across the market._
Bitcoin’s recent price action points to a calculated liquidity event rather than broad market weakness. A sharp decline initially appeared tied to macro uncertainty, but the underlying
LiveBTCNews1h ago
CEO of Goldman Sachs admits to holding Bitcoin amid accelerating institutionalization
David Solomon, CEO of Goldman Sachs, acknowledged holding a small amount of Bitcoin in February 2026, contrasting with his 2024 stance of viewing it as speculative. This reflects Wall Street's deepening involvement in crypto, amid legal constraints. The positive community reaction suggests a normalization of Bitcoin among affluent individual and institutional investors.
TapChiBitcoin2h ago
Since the "1011 crash," the BTC ETF has recovered $3 billion in outflows, and the fund flows for the year are close to flat.
According to Bloomberg's data, from October 2025 to the end of February 2026, Bitcoin ETF saw an outflow of approximately $9 billion, with about $3 billion recovered so far. Although the overall net outflow still exceeds $6 billion, the inflow and outflow of funds in 2026 have nearly balanced out.
GateNews2h ago
