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Cryptoasset Ecosystem Booms in Latin America and Caribbean: Study
5.10.2023
The Inter-American Development Bank (IDB) and the Cambridge Centre for Alternative Finance (CCAF) have jointly released a report that provides growing trends in the cryptocurrency industry in Latin America and the Caribbean.
Latin America and the Caribbean have shown “substantial growth” in...
Disney World Partially Closed After Wild Bear Sneaks Inside
18.9.2023
When you go to Disney World in Florida, you expect many things. Exciting rides, overpriced food, lots of fun characters to meet, long lines, and maybe some memory-making with friends and loved ones. What you likely don’t expect to see is a big ol’ bear—a real, wild one, not a Country Bear Jamboree...
Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’
26.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the International Monetary Fund (IMF) reports interest in central bank digital currencies (CBDC) in Latam and the Caribbean is picking up, Lula criticizes...
FTX liquidators report exchange held $2.4M 'fleet of vehicles' in the Bahamas
10.2.2023
The liquidators said they would “commence disposals” of certain FTX Digital physical assets following approval from the Bahamas’ supreme court
Caribbean nation St. Kitts & Nevis may adopt Bitcoin Cash as legal tender by March 2023
14.11.2022
The country’s prime minister says it is consulting on the introduction of Bitcoin Cash on a legal basis, in spite of being within the territory of pioneering CBDC DCash
Huobi Global reportedly plans relocation to the Caribbean
2.11.2022
The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico
1.11.2022
Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer
IMF recommends the Bahamas ‘accelerate its education campaigns’ on CBDC
9.5.2022
In addition to recommending the financial education of the public in the Bahamas, the IMF hinted at the importance of a “robust supervisory and regulatory framework” for digital assets
From beer to Bitcoin as legal tender: a BTC education in Roatán
21.4.2022
How a small-scale Bitcoin education project involving a former brewery collided with plans for Bitcoin as de facto legal tender
Jamaica’s central bank digital currency and the problems it hopes to solve
25.3.2022
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation
Member of St. Maarten’s Parliament Plans to Have His Entire Salary Paid in Bitcoin Cash
19.3.2022
On Saturday, the leader of the United People’s Party and member of St. Maarten’s Parliament, Rolando Brison, announced that he’s become the first elected official to request his entire salary paid in bitcoin cash. Brison believes St. Maarten can be the “Crypto Capital...
NFTs, payments and conferences: Crypto in Latin America in 2021
20.2.2022
Between the bull market, the NFT craze and DeFi taking off, 2021 was an interesting year for Latin America
Eastern Caribbean CBDC expands to another two territories
9.12.2021
Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC
Central Bank of Nigeria Selects Barbados-Based Fintech Firm as Technical Partner for CBDC Project
1.9.2021
The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is expected to use its “technological competence and implementation experience” to help the CBN successfully launch...
Sea of Thieves: A Pirate's Life Has A Very Fun Easter Egg
1.7.2021
The whole point of Sea of Thieves: A Pirates Life was that it served as a crossover event between Rare’s pirate game and Disney’s Pirates of the Caribbean series. But tucked away at the end of the expansion is a secret that has nothing to do with Captain Jack Sparrow, or really Sea of Thieves...
UK Bitcoin wallet provider Caricoin to create NFT platform for reggae artists
17.5.2021
Reggae and dancehall musicians in the Caribbean may soon have a non-fungible token platform to help gain greater control of their creative work
Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
14.5.2021
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about...
Residents of Caribbean island can conduct local transactions using Bitcoin
28.4.2021
"The adoption of cryptocurrencies is far from being a gimmick,” said one of the entrepreneurs behind a project developing property on the island
Citi and IADB complete cross-border payment pilot with blockchain tech
8.4.2021
IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network
Caribbean Crypto Hotbed: More Than 40 Businesses Accept Bitcoin Cash in Antigua
3.12.2020
Cryptocurrencies have been getting quite popular in the Caribbean region and in Antigua and Barbuda, the island has seen significant growth. Crypto adoption has been on the rise in the island country and just recently, a regional news report detailed that more than 40 major businesses are accepting...