Search
Latin America’s Mercado Bitcoin exchange raises $200M from SoftBank
1.7.2021
2TM GRoup, the company behind Mercado Bitcoin, is now valued at $2.1 billion. It's the second crypto exchange in Latin America to eclipse the $1 billion valuation mark
Mexico may not be following El Salvador's example on Bitcoin... yet
28.6.2021
A warning from the country's financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin
First Bitcoin ETF in Latam Debuts on Brazil Stock Exchange
26.6.2021
The first Bitcoin ETF in Latin America made its debut yesterday on the Brazil Stock Exchange. Presented by QR Capital, a Brazilian blockchain investment firm, the ETF seeks to simplify Bitcoin exposure for institutions and companies. The ETF was approved by Brazilian regulators and is currently...
Asset manager QR launches Bitcoin ETF on Brazilian stock exchange
24.6.2021
Brazilian asset manager QR Asset Management started trading its Bitcoin exchange-traded product on B3
Latin American telecom company accepts crypto payments through BitPay
15.6.2021
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform
Latin America, Caribbean Could Use Thousands Volcanoes To Mine Bitcoin
10.6.2021
A number of countries are considering using volcanoes to generate electricity, potentially providing cheaper and greener energy to local Bitcoin (BTC) mining operations while China is cracking down on this industry. In Latin America and the Caribbean alone, some 3,000 volcanoes could be used...
El Salvador's president wants to build volcano-powered crypto miners
9.6.2021
Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency
El Salvador President: Bitcoin law will be approved tonight
9.6.2021
President Nayib Bukele’s Bitcoin Law will reportedly be passed in the Salvadorian congress tonight
Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live
21.5.2021
As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province....
Argentinean Tax Body Asks Domestic Cryptocurrency Exchanges to Report Monthly Transactions and Wallet Balances
14.5.2021
The local tax authority could soon hunt tax evaders who trade cryptocurrencies in Argentina following a notice sent to domestic crypto exchanges. The Federal Administration of Public Revenue (AFIP) ordered them to report all virtual currency-related transactions every month. Payment Gateways...
Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
14.5.2021
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about...
Major Brazilian crypto asset manager secures $26M funding
12.5.2021
Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm
Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins
7.5.2021
Over a million Argentineans have been buying cryptocurrencies in the last few months, and a pattern has been spotted among them in terms of preferences. A local media outlet unveiled that most of them are decanted to acquire bitcoin and stablecoins. Argentineans Like to Invest in DAI, USDC,...
E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury
6.5.2021
Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets....
Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange
5.5.2021
The startup has a total value of $2.2 billion following its latest Series C investment round
Customers From Latin American E-Commerce Giant Mercado Libre Can Buy Real Estate With Bitcoin
29.4.2021
The biggest e-commerce store in Latin America is the latest major company in the region to join the crypto adoption movement. Mercado Libre is now allowing its customers to buy a selected number of properties from real estate agencies with bitcoin. Properties Listed Don’t Offer Alternative...
Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF
17.4.2021
Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to...
Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’
14.4.2021
The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.”...
Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents
13.4.2021
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting...
Lawyer Files Class Action Complaint to Stop Argentinean Central Bank from Collecting Crypto Users Data
8.4.2021
The idea of the Argentinean central bank asking local banks for information on customers who deal with cryptocurrencies is generating controversy in the local industry. A new chapter in this story has been written, as a local lawyer has filed a class-action complaint before a national court...