Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week.
In this week’s edition, Lula defies Trump’s tariff threats, Meliuz seeks financing to increase its bitcoin reserves, and Tether invests in Chile-based Orionx.
Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade
Brazilian President Luiz Inácio Lula da Silva has announced a strong stance against the tariff threats from former President Donald Trump, supporting trade among BRICS nations without the use of the dollar.
Meliuz is actively seeking financing to bolster its bitcoin reserves, aiming to enhance its position in the cryptocurrency market.
In a significant move, Tether has decided to invest in Orionx, a cryptocurrency exchange based in Chile, further expanding its influence in the Latin American market.
