LatAm Crypto News Roundup: El Salvador Doubles Down on Bitcoin + Interpol Busts Major Scam Leader
El Salvador continues its aggressive Bitcoin adoption push under President Nayib Bukele. The country recently added more BTC to its national reserves and expanded Bitcoin City plans, reinforcing its status as the world's leading Bitcoin nation despite global volatility.
Meanwhile, Interpol has arrested the alleged leader of a massive crypto scam operation that defrauded victims of millions across Latin America and beyond. The suspect, linked to fake investment platforms and Ponzi schemes, was nabbed in a coordinated international effort — a reminder that while crypto grows, so do sophisticated scams targeting retail investors.
Key takeaways:
El Salvador: More BTC buys + infrastructure push = long-term bet on Bitcoin as legal tender.
Scam crackdown: Highlights the need for better education, regulation, and vigilance in emerging markets.
Crypto in LatAm is heating up — innovation on one side, risks on the other. What's your view on El Salvador's strategy? Bullish or too risky?