The product was removed in response to an order from the Brazilian Securities Commission.
According to Alejandro Zelaya, businesses will not be penalized if they do not accept bitcoin.
The fund led a $3 million investment in Exactly, a startup building a decentralized credit protocol.
El texto, presentado por el senador oficialista Juan Sartori, incluye un marco regulatorio para los exchanges de criptomonedas y los mineros.
The project, presented by ruling party senator Juan Sartori, includes a regulatory framework for crypto exchanges and miners.
Buenbit plans to expand in Peru, Colombia and either Brazil or Mexico.
Independent deputy Jose Luis Ramon said his bill would promote greater autonomy and self-governance for Argentina's citizens.
The statement comes after Mexican billionaire Ricardo Salinas Pliego said his bank would accept bitcoin.
Latin Americans are increasingly turning to stablecoins as a store of value.
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
The Latin American retailer said the purchase was in the last quarter.
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.
Citi teamed with the Inter-American Development Bank to send cross-border payments between the U.S. and Latin America.
The LACChain EOSIO network is due to be released for enterprise use within the next few weeks.
Mexico City-based Bitso plans to incorporate Quedex’s high-performance trading engine across the exchange.