November 29, 2018 BACK TO PRESS RELEASES

We present you the sixth edition of the LABITCONF, the Latin American Bitcoin and Blockchain Conference that will take place between the fifth and the eight of December in the Centro Cultural CorpArtes, in Rosario Norte 600, Santiago de Chile.

Right now Latin America is a green ecosystem for cryptocurrencies and blockchain technology. The region’s problems, especially it’s economic instability, pushed its citizens' interest towards economy and finances. In this scenario, cryptocurrencies show themselves as a possible solution to some of the historical challenges and discussions about how technology can solve them happen every day.

More than 1.4 million accounts were opened in Brazilian cryptocurrency exchanges this year, while traditional banks only saw 600 thousand new registrations. In Mexico, cryptocurrencies were not considered money, but a new law identified them as commodities, enabling banks to work them. The first ATMs for cryptocurrencies were installed in Argentina this year, making buying and selling crypto even easier in the country. In Colombia, Congress presented a project that would create an exchange license agency for those willing to operate. Peru sees the highest trading volume up to date. It raised more than 50% in 2018. Uruguay has just established a new community to evaluate the risks associated with cryptocurrencies, mainly to prevent money laundering and financial terrorism. Moreover, Paraguay is one of the cheapest countries in the region for miners willing to mount significant operations, thanks to its new green energy supply.

While all of this is happening, the sixth edition of the LABITCONF arrives. Previous ones were organized in Argentina (2013 and 2016), Brasil (2014), Mexico (2015) and Colombia (2017). Like the last ones, this conference brings some of the key experts of the crypto space, including Bitcoin and Blockchain expert Andreas Antonopoulos, ZCASH founder and CEO Zooko Wilcox, and Diego Gutierrez Zaldivar from RSK, a company whose platform may generate a new ICO wave, this time on the Bitcoin network.

Tickets are already on sale at the event’s website. These go from $ 300 for standard access to •1.150 for the full VIP experience.

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