Half of Latin Americans Have Used Cryptocurrencies, Mastercard Survey Shows

2022-7-2 21:33

Fifty-one percent of consumers in Latin America made at least one transaction with cryptocurrencies.

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Mexican Drug Cartels Sneak In $25 Billion A Year Using Bitcoin To Fund Operations

It’s unsurprising that Bitcoin and other cryptocurrencies have found their way into the dangerous realm of drug cartels. According to law enforcement officials, cryptocurrency is developing as a new front in Latin America’s fight against gangs vying for control of massive illicit marketplaces for sex, drugs, guns, and people. In Mexico, it has been reported […]

2022-3-14 15:19


LATAM E-Commerce Giant to Allow its Millions of Users to Buy, Store, & Sell Crypto via Digital Wallet

MercadoLibre is the latest company to join crypto as soon it will offer its customers in Brazil the ability to buy, sell, and hold cryptocurrencies using its digital payments app. MercadoLibre is the largest Latin American company by market cap, and through crypto, it is expanding its financial products.

2021-11-23 17:50


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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 […]

2021-11-23 16:42


Cryptocurrencies Are Elevating The Lives & Livelihoods Of Millions Across Under-Developed Economies

This year, the use and acceptance of cryptocurrencies have experienced brisk expansion, especially in developing and under-developed regions like Latin America and Africa. Clouded by hyperinflation, decades of political and economic problems, feeble national currencies, and scarcity of traditional financial services, young populations within these regions with access to smartphones and the internet are playing a critical role in driving the mainstream adoption of cryptocurrencies.

2021-10-15 21:11


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Crypto-Centric Brands Are Delivering A Paradigm Shift To Third-World Countries

There has been a significant leap forward in the mainstream adoption and acceptance of cryptocurrencies all over the globe over the last year, especially in third-world countries. A study published by Statista in March 2021 revealed that compared to most regions, Latin America and Africa have the highest number of active crypto users, with Brazil,Read More

2021-10-11 17:30


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Panama Introduces Bill To Allow Use Of Cryptocurrencies For Payments

Panama is the latest Latin American country contemplating cryptocurrencies, joining El Salvador, which today became the first country in the world to officially make bitcoin legal tender. On September the 6th, a member of Panama’s independent opposition party,  Bancada Independiente, presented a bill that could spearhead the incorporation of bitcoin as an alternative currency and […]

2021-9-8 01:29


The Pandemic Is Accelerating the Use of Cryptocurrencies to Launder Money, says, Officials

Bitcoin yet again led to a criminal's capture, a suspected human trafficker Ignacio Santoyo in April 2019 in the Caribbean resort of Playa del Carmen. The Mexican police officials said the prostitution act that extended across Latin America was busted not by the 2,000 women that Satoyo alleged blackmailed and sexually exploited but the cryptocurrency […] The post The Pandemic Is Accelerating the Use of Cryptocurrencies to Launder Money, says, Officials first appeared on BitcoinExchangeGuide.

2020-12-9 23:54


Mexican bitcoin exchange Bitso gets Gibraltar DLT license

Mexican bitcoin exchange Bitso gets Gibraltar DLT license » CryptoNinjas Bitso, a Mexican based and Latin American bitcoin exchange, has announced that coming up on August 1, 2019, the custody, as well as the sending, withdrawal, and trading of cryptocurrencies, will be regulated by the Distributed Ledger Technology Regulatory Framework of the Gibraltar Financial Services Commission (GFSC).

2019-7-23 17:53


Latin American Taringa! Social Network To Add Dai Stablecoin On Its Platform of 27 Million Users

In a previous article we discussed the increasing movement of social media juggernauts towards blockchain technology including Twitter and recently Facebook too. During the weekend a social media giant in South America, Taringa! – Facebook-esque network – announced their plans to introduce cryptocurrencies on their platform in a bid to reinvent itself. The announcement was […]

2019-7-8 16:48


Tezos jumps on the mainstream adoption train as Latin America’s biggest bank partners with cryptocurrency

The usage of cryptocurrencies and its connected distributed ledger technology has increased with several mainstream organizations adopting it. This was proven again when BTG Pactual and Dalma Capital, the largest standalone investment bank in Latin America revealed that the company would be using the Tezos blockchain for their ‘Security Token Offerings’ venture.

2019-7-5 20:00


OKCoin Launches Exchange in Latin America with Fiat-to-Crypto Support

OKCoin, a globally leading exchange that caters to over 110 countries, launched its expansion into Latin America this Thursday as revealed via a press release. Providing New Services As of November 15th, citizens in Argentina can invest the Argentine peso into major cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ripple (XRP), Stellar (XLM), and Zcash… The post OKCoin Launches Exchange in Latin America with Fiat-to-Crypto Support appeared first on UNHASHED.

2018-11-17 18:13


Peru Shows Signs of “Accelerated Growth” in Crypto Trading

Latin America has turned out to be one of the most promising markets for cryptocurrencies around the world, with a dizzying growth in recent years. According to data from various sources, although other countries have a higher user base, the growth rate of some South American countries far exceeds that of other nations in the […] The post Peru Shows Signs of “Accelerated Growth” in Crypto Trading appeared first on Ethereum World News.

2018-8-5 09:04