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Latam Insights: US Bails Argentina, Colombia Terminates World’s Operations


Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the U.S. purchases pesos to stabilize the Argentine economy, Colombia terminates World’s biometric operations, and the Mexican billionaire Ricardo Salinas...

Bank of Russia Opens Private Banks to Cryptocurrency Operations


The Bank of Russia has recently announced that it will open the possibility for private banks to include crypto operations in their service offering. First Deputy Chairman of the Bank of Russia, Vladimir Chistyukhin, stated that these operations would face capital and reserve standards...

Paxful to Wind Down Operations by November 1, 2025


Paxful announced it will cease all operations by November 1, 2025, citing the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback and unsustainable costs from extensive compliance remediation. The company said the decision is strategic and driven by long-term...

Hong Kong to Vet Stablecoin Holders, Operations Over $8,000 to Be Scrutinized


The Hong Kong Monetary Authority (HKMA) has revealed that stablecoin holders will be verified using KYC methods to alleviate financial risks derived from the usage of these assets. The authority explained that three types of institutions will be allowed to exert these verifications. HKMA: Hong Kong...

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