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Colombia’s Bancolombia Launches Crypto Exchange Wenia and Stablecoin COPW
7.5.2024
Wenia, a new crypto exchange by Colombia's Bancolombia bank, launches with the COPW stablecoin, pegged to the Colombian peso. The platform allows trading in various cryptocurrencies, including Bitcoin, Ether, and Polygon. This development aligns with Colombia's rising prominence in Latin America's c...
Leading Colombian bank launches crypto exchange and peso stablecoin
7.5.2024
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research
Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin
7.5.2024
Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia...
Latam Insights: Argentina’s MIlei Blasts Collectivism at Davos, Venezuelan Petro Still Alive
22.1.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei warns about the dangers of collectivism at Davos, the Venezuelan petro is still alive, and Colombia works to regulate...
Latam Insights: Colombian President Meets Blockchain Experts, Brazil Passes 15% Tax for Foreign Crypto Investments
4.12.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing investments in foreign exchanges, and the Fintech...
Blockchain Experts Meet With Colombian President to Discuss Technology’s Use Cases
1.12.2023
Samson Mow, CEO of JAN3, and other blockchain experts, met with Colombian President Gustavo Petro to discuss the possible uses blockchain and bitcoin tech could have to help modernize the management of certain institutions of the Colombian state. Colombian President Gustavo Petro Discusses...
Latam Insights: Argentina Prepares for Run-off Election With Crypto on the Agenda, Colombia Works on Digital Peso
30.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina prepares for a run-off election with crypto on the agenda, Colombia works to formulate a digital peso, and Prosegur will build a crypto-secure...
Latam Insights: Argentine Digital Currency Bill to Be Introduced ‘as Soon as Possible,’ Bitfinex Free P2P Exchanges
23.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Argentina is pushing for the introduction of the digital currency “as soon as possible,” Bitfinex makes P2P transactions free...
Binance launches crypto-to-bank account payment product in Latin America
30.8.2023
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia
Polygon Network Embraces Colombian Peso Stablecoin nCOP – Crypto Adoption on the Rise?
25.8.2023
A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday.
The new stablecoin, called nCOP, is a traditional fiat-backed stablecoin, and was described by Num Finance in a post on X as “overcollateralized” in a way that...
Num Finance launches Colombian peso stablecoin on Polygon
25.8.2023
Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia
Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
22.8.2023
Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said
Colombia central bank recommends limiting CBDC holdings and spending
17.8.2023
Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia
Near to Help Colombian Web3 Social Network Blumer Build Token Infrastructure
28.7.2023
Users will be able to convert Blumer tokens for other cryptocurrencies and withdraw to wallets
Latam Insights — Bolivia Calls for De-Dollarization, Reserve Drops Fiat Services
10.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Bolivian President Luis Arce calls for de-dollarization at the Southern Common Market Summit, Reserve drops fiat services in Latam, and Argentina postpones...
Latam Insights — Argentina Settles IMF Payment in Yuan; Brazilian CBDC to Be Launched in 2024
3.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina settles part of its $44 billion debt with the International Monetary Fund (IMF) using the Chinese yuan, Central Bank of Brazil officials estimate...
Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia
27.6.2023
The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively
Latam Insights — Petro Liquidation Imminent, Ripple Partners With Colombian Central Bank
19.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, reports indicate that the Venezuelan government will liquidate the petro, Ripple partners with the Central Bank of Colombia, and Brazil issues...
Ripple partners with Colombia’s central bank to explore blockchain technology
15.6.2023
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public
Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases
15.6.2023
The Latin American country will conduct a pilot to test Ripple's technology for its high-value payments system