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Kaiko Report Shows Latam Harnessing Crypto Mostly for ‘Real World’ Use Cases
19.8.2022
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real world” use cases. Among these activities are remittances, stablecoin-based yield...
Mercado Bitcoin plans to expand to Mexico
21.7.2022
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country
Exchange brasileño Mercado Bitcoin lanzará operaciones en México este año, según CEO
21.7.2022
Su compañía matriz 2TM levantó $200 millones de SoftBank un año atrás con la idea de expandirse en América Latina
Brazilian Crypto Exchange Mercado Bitcoin to Launch Operations in Mexico This Year: Report
21.7.2022
The company’s parent 2TM raised $200 million from SoftBank one year ago with an eye towards expanding across Latin America
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
5.6.2022
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making...
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
24.5.2022
Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval
Coinbase's plans to purchase firm behind Mercado Bitcoin fall through: Report
4.5.2022
The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform
Coinbase Set to Close Deal to Acquire 2TM, Parent Company of Latam’s Biggest Exchange, Mercado Bitcoin
29.3.2022
Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could...
Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin
28.3.2022
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April
Coinbase Reportedly Nears Mercado Bitcoin Purchase as Binance Readies Rio Expansion
28.3.2022
Crypto exchange giants Coinbase and Binance could be set to go head-to-head with their expansion plans in Brazil. The former is reportedly eyeing a major M&A deal to buy one of the biggest crypto exchange platforms in the Latin America region, while Binance has confirmed it will open its...
Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities
5.3.2022
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects...
Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin
24.1.2022
Mercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With these investments, the platform gets closer to cryptocurrency, having already bought bitcoin as a direct investment for its treasury,...
Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
21.1.2022
Argentine-headquartered ecommerce giant Mercado Libre invested in Mercado Bitcoin and Paxos as it aims to boost its presence in the cryptosphere, as well as digital asset development and adoption in Latin America....
Read More: Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
Mercado Bitcoin operator acquires Portuguese crypto exchange
12.1.2022
After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe
2TM, Mercado Bitcoin’s Holding Company, Raises $50.3 Million in Second Closing of Series B Funding Round
1.12.2021
2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with...
Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status
30.11.2021
The Series B builds off 2TM’s massive $200 million SoftBank-led raise in July, which catapulted the company to a $2.1 billion valuation
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
Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police
9.8.2021
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under...
Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin
2.7.2021
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that...
Global Tax Deal Gets Closer, USD 200M For Mercado Bitcoin + More News
1.7.2021
Source: Adobe/Johanna Mühlbauer
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Tax news
A group of 130 nations, representing more than 90% of global GDP, has agreed to a global minimum...