This is really bad news for latin american developers, as far as I know, Argentina was one of the few latin american countries that were able to sell in the Play Store and now it's gone. It kind of kills my hope that they may eventually give support to my country.

I know I can establish an LLC in US to fix this, but it is something that we would rather not to do. It is kind of a bummer that Google makes it so difficult to do business in certain countries.