Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week.

In this issue, Max Keiser floats an idea to allow El Salvador to acquire more bitcoin, Argentine President Javier Milei meets President-Elect Trump

This week’s roundup of the most relevant crypto and economic news from Latin America.

In this issue, Max Keiser floats an idea to allow El Salvador to acquire more bitcoin, Argentine President Javier Milei meets President-Elect Trump, and the popularity of World explodes in Argentina.

Should El Salvador Follow Microstrategy’s Bitcoin Playbook? A High-Stakes Move

Bitcoin has become a world phenomenon after President Trump’s victory at the polls and the possibility of a strategic bitcoin reserve being created in the future. In this context, several ideas have been put forward to give the country more muscle to continue purchasing bitcoin in bulk.

One of the latest proposals was presented by Max Keiser, the personal cryptocurrency advisor of President Nayib Bukele, who asked if El Salvador should follow Microstrategy’s bitcoin scheme, allowing the country to issue debt to purchase more bitcoin without using its own money.

Keiser asked:

“Should El Salvador — once they sign the Bitcoin Bank already passed by Congress — issue a similar security to buy more bitcoin collateralized by the country’s $600M stack of BTC?”

Read the full story here.

Trump Meets Milei: ‘Make Argentina Great Again’

The rise of Donald Trump as the newly elected president of the U.S. has allowed several like-minded leaders to step closer to the country in anticipation of a Trump administration.

Among them is Argentine President Javier Milei, who recently traveled to Trump’s club at Mar-a-Lago, becoming the first leader to meet with the president after his victory at the polls.

According to a report by the Associated Press, Milei met Trump at the club before the America First Policy Institute gala, an institution that advances policies “that put the American people first.” While the meeting was private, an anonymous source confirmed that it took place and that Milei also met with investors.

Later, at the gala, Milei praised Trump’s victory and its meaning for the U.S. and the world.

Read the full story here.

World’s Popularity Soars in Argentina: Over 2.2 Million Registered Users

World, the proof of personhood project formerly known as Worldcoin, is enjoying a popularity surge in Argentina, where citizens find its offering compelling.

According to the organization, out of the more than 7 million users registered, over 2.2 million are Argentine citizens who are enticed to register their personal biometric information by the bounty delivered in WLD, the project’s official token.

However, the popularity of the project has not been without its critics, and World has faced increasing scrutiny from regulators in Buenos Aires, which levied a fine of $200,000 on the institution after a probe that uncovered several violations of the National Consumer Defense Law.

Read the full story here.

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