News with the tag "South america"

LATAM’s cryptocurrency landscape continues to grow. This week’s highlights come from Argentina, which recently granted Crypto.com operating approval. Meanwhile, Hellium installed 100 mobile hotspots in Mexico. The National Securities Commission (CNV) of Argentina has approved Crypto.com to operate a...

Grupo Bancolombia’s cryptocurrency platform Wenia now offers the EURC, a euro-pegged digital stablecoin. According to Cointelegraph , integrating EURC, a 1:1 restricted and controllable euro digital currency, into Wenia is expected to enhance the user’s experience by providing a seamless way to tran...

Méliuz, a Brazilian financial technology company, purchased Bitcoin as part of their treasury management procedure, demonstrating the growing interest in digital currencies. Méliuz’s board of directors approved a significant investment on Thursday by purchasing 45.72 Bitcoins worth about $4.1 millio...

Latin America has cemented itself as the second-fastest growing region for crypto adoption across the globe, according to a study from Lemon. It became the second fastest-growing region in terms of cryptocurrency value received, registering an annual increase of over 42%. Latin America stood out as ...

Visa’s Token Service (VTS) contributed to the growth of digital payments in Latin America and the Caribbean, with over $3.5 billion in payment volume expected by 2025, according to a report published by the company. This milestone acknowledges the growing relevance of tokenization in digital commerc...

LATAM continues to expand in terms of the cryptocurrency scene. This week’s highlights included Coinbae’s approval from Argentina’s regulators to expand its services in the country. Meanwhile, the Core Foundation aims to promote blockchain use in the region by supporting projects in areas such as re...

Depay and Satoshi Tango have partnered to bring seamless digital payments to Latin America. This collaboration introduces a system where consumers in Argentina, Brazil, Colombia, and Peru can now use QR codes to make payments in retail outlets, significantly advancing the adoption of cryptocurrency ...

The Public Prosecutor’s Office in Antofagasta, located in northern Chile, has published a report on the probable use of cryptocurrencies by overseas criminal organizations to conceal unlawful assets. Investigations have revealed evidence that these businesses may be using cryptocurrency to conceal t...

LATAM continues to expand in terms of the cryptocurrency scene. This week the highlights were the impressive rise of Orionx gaining $1 billion in transaction volumes. On the other hand, Bitfinex Derivatives, the derivatives segment of the cryptocurrency exchange Bitfinex, has revealed its decision t...

The inception of a new financial hub in Latin America, Bitfinex Derivatives, the derivatives segment of the cryptocurrency exchange Bitfinex, has revealed its decision to shift to El Salvador strategically after it received the Digital Asset Service Provider (DASP) license. This action indicates a r...