Latam Insights: Tokenized Cows in Brazil, El Salvador’s Remittance Reality, and Argentina’s Crypto Bill

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, tokenized cattle surges as collateral for a loan in Brazil, crypto remittances fail to get traction in El Salvador, and Argentina proposes a bill to include crypto in its financial system.

The farmer received the Financial Rural Product Note (CPR-F) valued at nearly $100K from BMP, a direct credit society, and the deliverables (each cow) were assigned to Target FIDC, a fintech company that registered the transaction using each animal’s data.

While this kind of transaction is not new, the tokenization and monitoring of the cows enables farmers to get a better deal, as creditors can examine the status of the herd at any time, lowering the risks associated with such a loan.

Humberto Brenner, a director at Target FIDC, stressed that this element can lead to a cow reaching up to 2.5 times the price it would have in similar non-monitored agreements. “Monitoring eliminates that uncertainty,” he declared.

In comparison, cash remittances, which are handed over personally when senders travel from another country to El Salvador to visit their relatives, rose to 3.8%. Even so, crypto remittance numbers are significantly higher than those reached during H1 2025, when these registered $25.4 million in volumes, a rise of 39.1%.

Total remittances for the period also rose from $4.84 billion to 5.06 billion, a rise of 219.2 million (4.5%). Remittance companies and banks constitute the preferred channels for Salvadorans to send money home, intermediating over 84% of the volume received from abroad.

First and foremost, the project proposes allowing investment funds to invest in digital assets when in agreement with the fund’s investment policy. This would open a demand for billions in digital assets, according to early estimates.

“Today, crypto-assets are investment assets; it is a good thing to allow funds to invest in them—subject, of course, to regulations that the CNV must approve. It is not a case of just anyone going out to buy Bitcoin, nor is it just any crypto-asset,” an undisclosed source told Clarin.

Also, the document approves the tokenization of all negotiable securities, including issuance, custody, transference, and sale of these assets using decentralized technologies.