The unusual vote proposes capping legal immigration to put a population limit of 10 million in Switzerland before the year 2050. If approved, the right-wing-supported “sustainability measure” would make Switzerland the first nation to impose this limit. S... See more
Key Takeaways - Iran collects $2M per vessel at the Strait of Hormuz, using 100% of these funds for its treasury. - Some of these payments are settled not in barter or cash, but in USDT. - The U.S. OFAC has warned maritime firms about the sanctions risk o... See more
Reports indicate that some of the payments could have been made in stablecoins, particularly Tether’s USDT, the largest stablecoin by market capitalization. The U.S. OFAC has warned that maritime companies executing such payments might be affected by upco... See more
Alla Bakina, Director of the Bank of Russia’s National Payment System Department, highlighted that most private banks in Russia are ready to provide digital ruble services on September 1. The currency will integrate with the existing universal QR code pay... See more
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, the US targets Brazil’s Pix in a USTR report, Chile dismantles Tren de Aragua’s crypto laundering group, and a sugarcane-powe... See more
