Tag: latin america

Sep 22 2021

El Salvador and Bitcoin Adoption: Between the Optimism and Skepticism

El Salvador became the first country in the world to make the world's biggest cryptocurrency by market cap a legal tender.

Sep 17 2021

Cuban Central Bank Releases Resolution to Regulate Cryptocurencies

The ruling is aimed to regulate any commercial-related transactions involving cryptocurrencies.

Sep 11 2021

Latin America, Tipping Point: Mexico Doesn’t Understand, Brazilians Want Bitcoin

Do Latin America ‘s unique characteristics put the continent in position to adopt cryptocurrencies before the rest of the world? Or is El Salvador an isolated case? In Latin America, Tipping Point we’ll select the area’s most important headlines and summarize them in a few sentences and quotes. This is the jam-packed news compilation you were looking for. Related...

Latin America, Tipping Point: Axie Infinity Scholarships + Venezuela’s Petro

Do Latin America ‘s unique characteristics put the continent in position to adopt cryptocurrencies before the rest of the world? Or is El Salvador an isolated case? In Latin America, Tipping Point we’ll select the area’s most important headlines and summarize them in a few sentences and quotes. This is the jam-packed news compilation you were looking for. Related...

Sep 03 2021

Most of El Salvador Citizens Disagree with Bitcoin Law, Survey Finds

Most of Salvadorans also aren't interested in using the government's e-wallet Chivo.

Aug 28 2021

Latin America, Tipping Point: Cuba Regulates, Honduras ATM, Venezuela Spends

Is Latin America in the eye of the storm that’ll reshape the world? The region certainly benefits from the existence of Bitcoin and other cryptocurrencies. Latin America needs hedges against inflation and a quick and easy way to send remittances. The cheaper the fees, the better. And when you truly need something, you’re bound to understand it. You have bigger incentives to study,...

Aug 27 2021

Cuba Announces Its Intentions to Define Guidelines for Crypto Regulation

Cuban president Miguel Diaz-Canel hinted in the last few months about the possibility of regulating cryptos in the island.

Brock Pierce ’s Delegation Discusses Cryptocurrencies With Honduras’ President

At least Brock Pierce isn’t claiming to lead an “Official Delegation of Bitcoin Ambassadors” anymore. The self-proclaimed “Visionary” and “Cryptopioneer” got his group of entrepreneurs an audience with Juan Orlando Hernández, the president of Honduras. Reportedly, they talked about the country’s relationship with cryptocurrencies. However, the quotes printed by the local press don’t reflect that reality....

Aug 10 2021

El Salvador’s Bitcoin Adoption Paves The Way For Emerging Economies

It’s clear that adopting bitcoin as legal tender can help El Salvador in many ways. But it can light the path for other countries as well.The green shadow cast by the U.S. dollar on developing countries is being lifted. In El Salvador, it's now approaching high noon. Growing up in El Salvador during its civil war, I never thought I would witness...

Aug 05 2021

e-Commerce’s Most Promising Market? PayRetailers on Latin America

LatAm is a land of opportunity for e-Commerce, but the market also poses some unique challenges.

Jul 12 2021

Argentinian Crypto Exchange Buenbit Raises $11 Million To Expand Operations In The Continent

Jul 12 2021 Published at Bitcoinist.com under tags  argentina bitcoin btc btcusd crypto

Buenbit, an Argentina based crypto exchange, has raised $11 million in a funding round. The firm plans to expand operations in Latin America. Crypto Exchange Buenbit Raises $11 Million The platform announced on Monday that it has raised $11 million in a Series A funding round led by Libertus Capital. Other members of the funding round included FJ Labs, Amaiya Management, Alec Oxenford...

Jul 08 2021

Worldwide Adoption: Mexico And Argentina Flirt With Bitcoin Law

The road to worldwide adoption starts with one step. El Salvador took it with their Bitcoin Law. After their announcement, every country in the region seems to be testing the waters in its own way. And now it’s Mexico and Argentina’s turn. If we take out Portuguese-speaking Brazil, these two are the biggest markets in Spanish-speaking Latin America. And they’re both flirting with...

Jul 01 2021

Largest Exchange In Latin America, Mercado Bitcoin, Raises $200 Million From SoftBank

Major Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets.The biggest bitcoin exchange in Latin America, Mercado Bitcoin, has raised $200 million from SoftBank as...

Jun 24 2021

Interview: Mass Bitcoin Adoption In Latin America

Three CEOs of Bitcoin-related projects in Latin America discussed impending adoption in the region.Watch This Episode On YouTubeListen To This Episode:...

Jun 11 2021

Just-In: First Latin American Bitcoin ETF to Launch on June 23rd

Jun 11 2021 Published at Coingape under tags  bitcoin etf bitcoin news brazil btcbrl btcbusd

QR Capital, the largest asset management firm in Latin America is all set to launch the continent's first Bitcoin ETF. The new Bitcoin...

Jun 08 2021

Jun 07 2021

Paraguay Is Planning a Bitcoin-Related Project Allegedly Involving PayPal

MP Rejala ended his statement by citing a well-known crypto-friendly catchphrase.

May 06 2021

Latin American E-Commerce Giant MercadoLibre Bought $7.8 Million Of Bitcoin

MercadoLibra, a publicly-traded e-commerce giant, disclosed a $7.8 million bitcoin purchase and plans to hold the BTC indefinitely.Argentina-based e-commerce leader MercadoLibre has disclosed that it purchased $7.8 million worth of bitcoin earlier this year, with plans to hold the asset on its balance sheet indefinitely.According to...

Latin America’s Biggest Online Marketplace, MercadoLibre, Disclosed Bitcoin Holdings

On a financial results report dated May 5th, e-commerce giant MercadoLibre dropped the bomb. The company is the latest institution to add Bitcoin to its balance sheet. It follows...

Mar 19 2021

First Bitcoin ETF Approved In Latin America

QR Capital has announced that its bitcoin ETF will list on the Brazilian stock exchange, making it the first such product in Latin America.The first-ever bitcoin exchange-traded fund (ETF) to receive regulatory approval in Latin America is reportedly set to go live in Brazil this summer.QR Capital, the parent of Brazilian blockchain asset management company QR Asset Management,...

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