Despite fears Colombia would ban bitcoin outright this week, regulators have issued only a warning.
Colombian newspaper El Tiempo suggests the country's central bank will release new, potentially restrictive bitcoin regulation next week.
Although bitcoin can be volatile when exchanges go down, that doesn't include devaluations commanded from a central authority.
The Central Bank of Brazil has issued a warning outlining the risks associated with digital currencies.
Entrepreneur Ulf Kuhn illustrates how the current banking environment is inhibiting the growth of his Chile-based telemarketing company.
Mercado Bitcoin's ATM will make its debut in São Paulo, Brazil later this month.
Bitcoin is gaining momentum in South America, with a nightclub in Santiago, Chile now accepting bitcoin as payment.
You can now pay in bitcoin for a plot in Galt's Gulch Chile, a self-sustaining libertarian community.
Organic farmers in Argentina are finding bitcoin to be a compelling solution when selling their produce.
A startup based in Uruguay is looking to make bitcoin easier to use via the widely used SMS platform.