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Latam Insights: El Salvador Launches Pilot to Introduce Bitcoin Content in Schools, Bitso Teams up With Despegar in Argentina

Latam Insights: EL Salvador to Introduce Bitcoin Content in Schools, Bitso Teams up With Despegar in Argentina

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador launches a pilot to add Bitcoin content to school curriculums, Bitso announces a partnership with Despegar in a cashout program, and Uruguay and Argentina revamp a bilateral local currency-based payment system.

El Salvador Launches Pilot to Take Bitcoin Content to School Curriculums

The Ministry of Education of El Salvador has partnered with Mi Primer Bitcoin (MPB), a nonprofit dedicated to educating Salvadorans about Bitcoin, to organize a pilot program to introduce Bitcoin courses into school curriculums.

The pilot was announced this week when Mi Primer Bitcoin stated that the organization would teach 150 teachers of 75 public schools about Bitcoin. Then, these teachers will return to their schools to impart courses about the virtues and usage of the first cryptocurrency.

John Dennehy, the founder of MPB, confirmed that if the pilot is successful, it could be extended to all the schools in the country in 2024. Furthermore, Dennehy stated that the organization was looking to expand to other nations, having conversations with the governments of two countries in Latam on this subject.

Bitso Partners With Despegar in Argentina

Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has recently revealed it has partnered with online travel agency Despegar to implement a point-to-crypto cashout program in Argentina. Despegar Passport will allow travel agency customers to exchange their loyalty points for cryptocurrency assets.

In this first phase, the program will let users exchange between 100 and 5000 of their reward points for Bitcoin or Ethereum daily. Despegar reinforced the intention of introducing these innovations to broaden the reach of these technologies in Latam.

Paula Cristi, Despegar Country Manager Despegar for Argentina and Uruguay, declared:

Now the more than 1.4 million members of the Despegar Passport program in Argentina, who have more than 100 active points, will be able to redeem them for a digital asset.

Argentina and Uruguay Revamp Local Currency Cross-Border Payment System

The central banks of Argentina and Uruguay agreed to extend the uses of the SML, a cross-border, local currency-focused bilateral payment system. While the system was already launched some time ago, it was seldom used. Diego Labat, president of the Central Bank of Uruguay, detailed the changes made to the system’s rules. He stated:

The main change in the system is that we are now including payments for services -except for financial ones.

Labat stressed the system allowed companies to issue invoices in the two local currencies. Miguel Pesce, president of the Central Bank of Argentina, detailed that this system would benefit companies, reducing their transaction costs by avoiding the fees and losses associated with using a third-party currency.

To follow all the latest developments in crypto and the economy in Latin America, sign up for our Latam newsletter below.

What do you think about this week’s Latam Insights report? Tell us in the comment section below.

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  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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