Among the latest crypto newss in the Latin area (Latin American), Oranje, a Brazilian company, has emerged, ready to invest $ 200 million in Bitcoin, following Michael Saylor's strategy. At the same time, El Salvador will continue to buy BTC despite the IMF contract.
Latam Bitcoin: At Oranje Brasile, South American is ready for a new strategy
For the Latam area and the crypto sector, The news is created tied Orangea company that could get a new Michael Saylor strategy from Latin AmericanTo.
In fact, by supporting Itaaú bbaInvestment Bank and Latam's largest banking company, According to Oranje, he is ready to buy $ 210 million in Bitcoin.
If in practice, although Itaaú BBA is an orange financial advisor, the company's goal is to get First listed company in an area dedicated to Bitcoin exclusivelyas a strategic reserve property.
This concerns the recurrence of Latin -American territory with a successful strategy for former US company Microstrategy, led by Michael Saylor.
Oranjet is managed by the CEO Guilerme Gomes, Former Swan Bitcoin and CFO Guilherme FerreiraBahema. Not only that the management team also contains large names like Eric Weiss, Fernando Ulrich and Josh Levine.
Among the main goals of Oranje is the use of Bitcoin's relatively early stage of institutions, which reach only 3%.
Brazilian company supported by Itaú BBA, Plans to provide 45% income for Bitcoin investments in BTC in the first year of operation, The goal is to raise Bitcoin worth $ 210 million in its initial stages.
After that, Oranje focuses on making income through its already owned cryptocurrency, expanding its effects and brand awareness.
StartCoin Running: Estimates
Staying in the territory of Brazil, in early April, Itaú Unibanco had reported their The intention to launch its in -house stable.
Specifically, the bank claimed that it would like to see the experience of other stable stable financial institutions and the refinement of stable regulation of Brazil.
This evaluation is also based on What is happening in the USwhere Stablecoins are now under control control.
In accordance with this Guto Antaunes Itaú Unibanco seems to be that The US -stable has become so relevant up to a tool to promote and protect the dollar sovereignty.
LATAM BITCOIN: El Salvador continues to buy BTC despite FMI
Still another development for the Latam region El Salvador, who seems to continue to follow his bitcoin accumulation plan, despite the IMF agreement.
Recently, the International Monetary Fund (IMF) official announced that El Salvador follows the contract to abandon Bitcoin as a reserve property.
In practice it is As part of the $ 1.4 billion funding agreement as part of the IMF BTC purchase restriction.
However, this limit has not stopped El Salvador Purchase 1 BTC per day, resulting in all FMI Rodrigo Valdes.
Therefore during the writing El Salvador's wallet hold 6 167 BTC equivalent to over $ 583 million.
