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Blockchain Technology: The Future of Latin America's Financial System


Roger Manuel Benites is a development director at The Blockchain Center, a 503(c) non-profit organization specializing in the education and adoption of blockchain, cryptocurrency, and digital asset technologies.__________... Read More: Blockchain Technology: The Future of Latin America's Financial...

Hive Ransomware Network Dismantled by American, European Law Enforcement


Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple...

Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit


Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk...

LATAM Payments Giant Mercado Pago Launches Fresh Crypto Adoption Drive


The Latin American e-commerce heavyweight Mercado Libre has taken another step into the world of crypto – and will pay its customers to refer friends to the crypto trading service on Mercado Pago, its e-pay app. Mercado Libre is often dubbed the LATAM Amazon, and has hundreds of millions of users...

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program


The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment...

Bank of America: ‘Digital Currencies Appear Inevitable’


Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in...

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