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Latin American Investors ‘Hoping to Ride Crypto Prices to the Moon’ as Adoption Set to Continue
31.5.2022
A report on the state of crypto in the Latin America region has concluded that adoption is likely to continue apace for the rest of the year – and will find fertile ground for growth in the world of cross-border payments and “crypto credit cards.”
The report was issued by Americas Market...
Huobi Global Acquires Latin American Crypto Exchange Bitex
27.5.2022
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...
Huobi Acquires Latin American Crypto Exchange Bitex
26.5.2022
The Chinese crypto exchange is seeking to expand in Latin America, but Bitex will continue to operate under the same name and with its current management team
Top Latin American Crypto Exchange Bitso Lays Off 80 Employees
26.5.2022
The company, which had more than 700 employees before the cuts, counts four million users in the region
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...
Chainlink set to power Latin American real estate platform
5.5.2022
Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector
Bitso to Offset Carbon Emissions From the Trading Platform’s BTC, ETH, ERC20 Transactions
22.4.2022
On Friday, the Latin American cryptocurrency platform Bitso announced that the company plans to offset carbon emissions from its bitcoin and ERC20 token transactions carried out on the platform. Bitso is partnering with the carbon offset platform Moss.Earth in order to curb the crypto...
Latin American Crypto Exchange Bitso Hires New Brazil Chief
18.4.2022
Thales Araújo de Freitas most recently led Brazil operations for Chile-based Global66, and prior to that held leadership roles at Citibank and HSBC
Latin American Delivery Unicorn Rappi Launches Crypto Payments Pilot
11.4.2022
The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform
Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries
15.3.2022
The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down on his $100K bitcoin price prediction but does not currently see the cryptocurrency as a hedge against...
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
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...
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...
Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...
Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG
22.9.2021
Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in...
Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
20.6.2021
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think it’s a good idea for the Latin American country to use bitcoin as legal tender and says it could “completely...
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 American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law
15.6.2021
A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil, and Mexico. Tonga and Tanzania have also reportedly expressed interest...
More Latin American MPs Push for Bitcoin Laws – Including a Gov’t Vice Minister
9.6.2021
The ranks of Latin American politicians joining the laser-eyed, bitcoin (BTC) adoption-supporting movement are beginning to swell – and while the majority of the crowd are young, opposition party MPs, the group now boasts at least one government vice minister.
While the movement began in earnest...
Latin American MPs Widen Overton Window For Bitcoin
8.6.2021
Lawmakers across the Latin American region are expressing their support for bitcoin (BTC) adoption – in the wake of the groundbreaking announcement over the weekend from the President of El Salvador that the nation aims to adopt BTC as legal tender.
MPs from Brazil, Argentina, Paraguay, and Panama...