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Bitcoin Rises Nearly 10% Against Mexican Peso as 'Trump Trade' Soars; Gold Stays Flat
6.11.2024
Trump has vowed to impose sweeping tariffs on Mexico and other trading partners
You're Not Crazy, Halloween Candy Prices Soared This Year
30.10.2024
As we all prepare to buy extra bags of our favorite candy this Halloween, knowing full well that trick-or-treaters will only see a fraction of the bowl because your partner ate most of the fun-size bars the night before, it’s dawning on many that the cost of chocolate is exorbitantly high this...
You Can Be A Chipotle Bag For Halloween This Year If You’re Perpetually Stuck In 2022
8.9.2024
This Halloween, Chipotle wants to spice things up and do more than just feed customers; it wants to dress them, too.Read more
Bitget Launches Direct Deposit Option for Mexican Pesos
8.9.2024
Cryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos (MXN) via the Interbank Electronic Payment System (SPEI). Operated by Banco de México, SPEI allows for near-instantaneous electronic funds transfers between bank accounts...
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
4.7.2024
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using Liqi, a tokenization platform, and aims to issue over...
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
20.6.2024
Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), which cited the use of bitcoin and other tokens in a Thursday advisory
Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge
10.6.2024
Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised...
Latam Insights: Mexican Billionaire Ricardo Salinas Recommends Purchasing Bitcoin, Cardano Partners Argentine Province
9.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas advises purchasing Bitcoin, Cardano partners with an Argentine province, and Argentina launches a VASP registry. Mexican...
Mexican Billionaire Says to Buy Bitcoin, Musk vs. Nakamoto, and More — Week in Review
9.6.2024
Mexican billionaire Ricardo Salinas Pliego has urged his followers to buy Bitcoin. Elon Musk, currently the world’s wealthiest individual, could be surpassed by Bitcoin’s anonymous creator, Satoshi Nakamoto. In Nigeria, artist Davido faced backlash after allegedly scamming investors...
Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a Satoshi
3.6.2024
Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of...
Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends Report
19.2.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam is a bitcoin region, and Honduras bans...
Mexican Billionaire Outlines 4 Key Reasons to Buy Bitcoin — Says ‘You Have to Know How to Invest’
16.2.2024
Mexican billionaire Ricardo Salinas has outlined four key reasons why investors should buy bitcoin, including long-term growth potential, diversification, and protection against inflation and currency devaluation. Moreover, he advised: “You have to know how to invest and be patient, not...
Argentina Tops Latin America in Stablecoin Purchases and Holdings: Report
13.2.2024
Argentina, a nation grappling with a severe economic crisis and a plunging peso, has emerged as the leading purchaser and holder of stablecoins in Latin America over the past six months, as per a report by Mexican-founded crypto exchange Bitso. Bitso’s recently published ‘Crypto...
Taco Bell Held An E3-Like Event And It Was Weird
9.2.2024
Hello everyone. Welcome to Friday. You made it to the end of the week. Congrats. I have a treat for you all: Taco Bell’s 2024 Live Mas Event. What’s that? It’s basically a Taco Bell mini-E3 complete with musical acts, announcements, and all the cringey moments you crave from something like this....
BlackBerry Warns Mexican Bank and Crypto Firms on Potential Security Threat
25.1.2024
BlackBerry has flagged a potential threat to Mexican banks and cryptocurrency platforms based on hackers’ attempt to deliver a modern version of Allakore RAT. In a Jan 24 report, BlackBerry’s Research and Intelligence Team raised concerns about a threat actor targeting financial institutions...
Mexican Senator Kempis Faces Opposition Over Bitcoin Bill
26.10.2023
Long-time tech and blockchain advocate Mexican Senator Indira Kempis said that her Bitcoin (BTC) bill is seeing more positive attention but is also facing increasing opposition. Kempis proposed a central bank digital currency (CBDC) last year, which now also includes accepting bitcoin as legal...
Mexican Billionaire Advocates Bitcoin for Wealth Protection — ‘People Need to Realize They’re Being Robbed’
24.10.2023
Mexican billionaire Ricardo Salinas sees bitcoin as a way to protect against inflation tax because the cryptocurrency cannot be debased. “People’s savings are being taken from them without their permission, without their knowledge,” he stressed, adding that “everybody...
Citizen Journalist Elon Musk Livestreams Mexican Border In Dead Space T-shirt
29.9.2023
South African-Canadian immigrant Elon Musk promised on September 27 that he’d test livestreaming on X (you know it as Twitter) “with some silly stuff,” he said, like a Diablo IV speedrun with no powerful Malignant Heart add-ons. On September 28, he decided to livestream the Texas-Mexico border...
Ugandan Fintech Asaak Acquires Mexican Asset Financing Startup Flexclub
8.9.2023
The Ugandan mobility fintech Asaak recently spread its tentacles to Latin America after it bought the Mexican asset financing business Flexclub. The fintech’s CEO suggested that his company’s successful and profitable microfinance business partly influenced the decision to acquire the Mexican...
Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead
24.5.2023
Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, according to data provided by EPFR Global, a fund flow and allocation data insights company. These markets have outperformed dollar-denominated debt due to...