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Biggest Latin American Company MercadoLibre Floats Crypto Investments Through Digital Wallet

E-commerce giant MercadoLibre is stepping up its foray into crypto this time by allowing Brazilians to buy hold and sell cryptocurrencies using its Mercado Pago Digital Payments App. This is according to a Tuesday disclosure by the app’s Vice President, Tulio Oliveira, during an exclusive interview with Bloomberg. “We took the time to study and […] дальше »

2021-11-23 16:42


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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […] дальше »

2021-6-1 15:30


Brazilians Are Moving Towards Dollar-Pegged Stablecoins As Alternatives to the Ailing Economy

Brazil is moving to dollar-backed stablecoins as the country's economy continues to ail coupled with the looming uncertainty on its increasing COVID-19 cases. According to a Binance Brazil Representative, Mayra Siqueira, stablecoin traders have quadrupled since the year began with the USDT and BNB tokens dominating the market. дальше »

2020-7-9 16:09