News with the tag "Costa Rica"

Exciting news for crypto enthusiasts and investors in Costa Rica! The nation’s largest commercial bank, Banco Nacional (BN), is breaking new ground by introducing the country’s very first spot Bitcoin ETF Costa Rica . This monumental step, spearheaded by BN’s investment division, BN Fondos, marks a ...

State-owned Banco Nacional (BN), the largest commercial bank in Costa Rica and one of the biggest in Central America with over $7 billion in assets, is launching a spot bitcoin exchange-traded fund through its investment management arm, BN Fondos, according to local reports . This marks the first ti...

Piero Coen, co-founder and CEO of Osmo, a Latam-focused bitcoin and lightning network wallet, has announced that they are now bringing their full suite of financial services for customers in Costa Rica. Costa Ricans can top up their wallet using Sinpemovil, a quick cellphone-linked fiat payment meth...

In Costa Rica, a band of visiting Israeli tourists became the latest in a long line of victims to a stunning beach city robbery. Eleven visiting Israeli tourists off to a social gathering lost around $700,000 worth of Bitcoin. This is one of the most noteworthy events in the saga concerning the secu...

A group of Israeli holidaymakers lost $700,000 worth of Bitcoin to robbers on a beach in Puntarenas, Costa Rica’s local news agency, Teletica, reports. The 11 Israeli nationals were attending a social event on Santa Teresa de Cóbano beach when they were reportedly violently attacked by eight unident...

Costa Rica is already involved in debates on the legality of Bitcoin and other cryptocurrencies and their daily usage. This evolution of the payment system is an indicator of the wider world’s growing openness to cryptocurrencies as a valid payment method. JAN3, a company in the Bitcoin technology i...

The Supreme Court of Montenegro is postponing the extradition of disgraced Terra (LUNA) founder Do Kwon to South Korea. According to a new memo, the Supreme Court of Montenegro is overturning a previous ruling that greenlit the extradition process to send Kwon back to his homeland of South Korea whe...

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames socialism for Argen...

Bull Bitcoin, a Bitcoin-only exchange hailing from Canada, has embarked on an ambitious journey to tap into the burgeoning crypto market in Costa Rica. In collaboration with SINPE Movil, Costa Rica’s primary fiat payments system, and Bitcoin Jungle, a local crypto wallet solution, the company is set...

Canadian Bitcoin (BTC), Bull Bitcoin has announced a partnership with Costa Rica’s most extensive payment system, SINPE Movil, and local wallet provider, Bitcoin Jungle. According to a press release on Sept 14, the non-custodial Bitcoin exchange will give users the option to convert local currency, ...