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More Investors Enter Crypto But Keep Multiple Financial Service Providers - Survey
18.2.2022
Crypto ownership is on the rise, but investors are not abandoning traditional financial services as a result of their intensifying interest in cryptoassets. On the contrary, crypto investors are more likely to use multiple financial services providers than the general population is, suggests...
US Senators Call for El Salvador Bitcoin Adoption Probe, Bukele Responds with ‘OK Boomer’ Barb
17.2.2022
Weeks after memeing the International Monetary Fund (IMF), El Salvador’s outspoken President Nayib Bukele has upped his Twitter game by responding “OK boomers” to a group of United States senators moving to block his bitcoin (BTC) adoption plans....
Read More: US Senators Call for El Salvador...
Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches
15.2.2022
The link between Latin American football and crypto is continuing to deepen this year – with a flurry of activity surrounding some of the region’s biggest football teams, star players, and its most heavily backed crypto exchanges.
Early this month, Tigres Femenil – the women’s football club...
Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans
15.2.2022
The Colombian government wants citizens to declare their crypto holdings – but industry figures claim this will just force crypto advocates and their coins onto overseas platforms....
Read More: Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans
P2P payments spurred crypto adoption across Venezuela in 2021
12.2.2022
Venezuelans tried to fight inflation this year by using cryptocurrencies on an unprecedented scale in the country
Top Latin American exchange Bitso officially expands to Colombia
10.2.2022
Founded in 2014 in Mexico, Bitso is now officially present in Argentina, Brazil, El Salvador and Colombia
El Salvador Eyes Bitcoin Bond Issuance in March, Mulls BTC Loans for SMEs
9.2.2022
El Salvador could be set to unveil its much-talked-about bitcoin (BTC) bond offerings as early as next month – and could also unveil new bitcoin loan offerings for small and medium-sized enterprises (SMEs) and micro-industries.
The latest bonds development was unveiled by a key ally...
State-run El Salvador Bank Accepts 200 Bitcoin ATMs as Collateral for USD 1.5M Loan – Report
7.2.2022
A state-owned bank in El Salvador has reportedly handed out a crypto firm a loan of over USD 1.5m – accepting 200 bitcoin (BTC) ATMs as collateral.
The development was reported by El Diario de Hoy’s ElSalvador.com, which wrote that it had obtained access to documents proving that the Banco...
Does the IMF have a hidden script for El Salvador’s Bitcoin play?
5.2.2022
What if El Salvador's Bitcoin experiment succeeds? Is that what the IMF really fears?
Crypto-focused enterprise payment platform Tribal Credit raises $60M
3.2.2022
Crypto-facilitated cross-border payments services are gaining traction in Latin America — a region that has become a hotbed for the cryptocurrency industry
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,...
El Salvador buys its cheapest 410 Bitcoin as prices reach $36k
22.1.2022
President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC
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
2021: A year of mass adoption for cryptocurrencies in Brazil
15.1.2022
2021 was a year of affirmation for the Brazilian crypto market with good news in the national stock market, the promise of a CBDC and Brazilian soccer joining the game
Bolivian Central Bank ‘Bans’ Crypto, Says Tokens ‘Have No Place in Domestic Market’
14.1.2022
The Bolivian central bank has moved to “ban” the use of crypto in the nation – and has issued warnings about what it perceives to be the “risks” involved with investing in cryptoassets such as bitcoin (BTC)....
Read More: Bolivian Central Bank ‘Bans’ Crypto, Says Tokens ‘Have No Place...
Proof-of-work Hearing, Robinhood on Crypto Investments, 55 'Rug-Potentials' + More News
14.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Proof-of-work Hearing, Robinhood on Crypto Investments, 55 'Rug-Potentials' + More News
Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments
14.1.2022
Brazil’s former capital city, Rio de Janeiro, might start holding crypto in its treasury, its Mayor has revealed.
According to the newspaper O Globo, Mayor Eduardo Paes made the announcement during an event also attended by another pro-crypto mayor, Miami’s Francis Suarez. The duo were speaking...
Bitcoin & Crypto Mining Gets Another Latin American Hydroelectric Power Boost
12.1.2022
The future of Bitcoin (BTC) and crypto mining could involve a move away from coal and Asia – and toward hydroelectric energy and the Latin America region, with a Costa Rican power plant now feeding electricity to “hundreds” of mining rigs....
Read More: Bitcoin & Crypto Mining Gets Another Latin...
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
Uruguay’s First Bitcoin & BNB ATM an Instant Hit with ‘1,000 Transactions in First Hours’
10.1.2022
Uruguay’s first crypto ATM may have taken a long time to arrive – but it has proven an instant hit, with reports claiming that the machine handled over 1,000 crypto transactions within the first hours of opening to customers late last week.
Per the news agency EFE (via Hola News), the machine...