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Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods
9.12.2021
Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions
Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say
9.12.2021
Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases....
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Tribal Credit taps Bitso and Stellar to enable cross-border B2B payments
9.12.2021
The partnership between Tribal Credit, Bitso and Stellar Development Foundation will rely on crypto to streamline B2B transactions in Latin America
Gemini partners with Colombia's biggest bank for crypto trading
7.12.2021
The partnership will allow Bancolombia customers to trade a number of popular cryptocurrencies including BTC, ETH, and LTC
Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’
2.12.2021
Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal.
The bill has been in the pipelines for several months, and was...
Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio
2.12.2021
On November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s...
Mainstream Analysts Pour Scorn on El Salvador’s Financial Plans and Bitcoin Intentions
2.12.2021
Mainstream analysts have criticized El Salvador’s budget plans for 2022 and its bitcoin (BTC) bond ambitions – and a media outlet has pointed out that international ratings agencies are now lining up to take aim at the nation’s President Nayib Bukele and his adoption plans....
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Blockchain.com acquires SeSocio to cement presence in Latin America
1.12.2021
100 SeSocio’s employees will join Blockchain.com, immediately bringing its global headcount to 400 people
Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its Platform
25.11.2021
Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers...
Venezuelans promised Axie Infinity scholarships for crypto training courses
21.11.2021
The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
21.11.2021
The development of Bitcoin City will see the proactive involvement of prominent crypto companies including cryptocurrency exchange Bitfinex and Adam Back’s Blockstream
Bitso and Circle work on crypto payments between Mexico and US
18.11.2021
Bitso is also known as the core crypto service provider for El Salvador’s official Bitcoin wallet, launched in September
Peru to partner with India, HK and Singapore central banks on a CBDC
18.11.2021
The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore, and Hong Kong to develop its own central bank digital currency
Crypto Exchanges & Bitcoin Price Trackers Among Venezuela’s Most-Visited Websites
18.11.2021
The Venezuelan President Nicolás Maduro and his cohorts have long banged the drum about creating a “crypto-powered economy” – but it appears that either the message has got through to citizens, or Venezuelans have been adopting crypto of their own accord.
Per monthly web traffic data from...
Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
11.11.2021
"Our long-term vision is to create a currency that is stronger than any fiat currency that exists now," said Reserve community manager Yens Michiels
Largest cryptocurrency exchange in Latin America to develop renewable energy tokens
9.11.2021
Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use
Latin America stands to benefit most from crypto, says Uphold exec
27.10.2021
Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin
Latin America Talks Bitcoin, Regulation, Mining & Cocaine
6.10.2021
reo Ribeiro has passed the committee stage and is now heading for a vote in the lower house.Per the official website of the
Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
4.10.2021
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours...
McDonald’s now accepts Bitcoin, but only in El Salvador
7.9.2021
Bitcoin-as-a-payment is becoming reality in El Salvador after the country formally recognized the cryptocurrency as legal tender