2018-8-24 16:55 |
And it won't solve the country's economic problems either.
The post Venezuela’s Oil-Backed Cryptocurrency Is Giving Blockchain A Bad Name appeared first on Futurism.
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Binance is facing a new legal challenge in North Dakota as more than 300 victims and family members of the 7 October 2023 attack accuse the crypto exchange of enabling transactions linked to Hamas before the assault.
Conexus, Venezuela’s leading payments processor, plans to integrate Bitcoin and stablecoins like Tether (USDT), into the country’s banking network. The payments giant, which handles roughly 40% of electronic transfers in Venezuela, is eyeing a blockchain-based interbank network.
Local banks will offer custody, transfers, and crypto-to-fiat exchange services. The bolivar’s sharp depreciation has driven a surge in stablecoin adoption. Conexus currently processes nearly 40% of Venezuela’s electronic payments.
This week’s top cryptocurrency headlines in Latin America focus on how digital assets are becoming more commonplace. Latin America is establishing itself as a worldwide hotspot for financial innovation fueled by blockchain and stablecoins, with Binance introducing QR code payments in Argentina and the region hitting record levels of crypto adoption led by Brazil and […]
This week’s top LATAM cryptocurrency news focuses on two key actions in the region: Banco Safra introduced Safra Dollar, a US dollar-backed stablecoin designed to make dollar exposure more accessible to Brazilian investors.
Latin America’s crypto scene continues to evolve, with new products and regional expansions highlighting its rapid growth. This week’s most notable news is that World (formerly known as Worldcoin) has taken a significant step toward the future of digital identity by announcing the launch of its program “Build LATAM” throughout Latin America, beginning with Mexico. Venezuela, on […]
Authorities raided two sites in Terengganu where tampered wiring was used to bypass power meters for mining Bitcoin.