The Central Bank of Argentina issued a release on May 5 detailing plans to “discourage the offer of crypto assets” through its financial system. The release stated financial service providers are prohibited…
Tag: Latin
Latin American Bitcoin adoption gathers pace as Brazil makes its move
A comprehensive regulatory framework for Bitcoin (BTC) and cryptocurrency in Brazil is moving closer to reality. Lawmakers will push for draft proposals to be implemented in the first half of 2022. If…
QR Codes and NFTs are quickly emerging as top resources for the future of payments in Latin America
With new consumer behavior embracing more digital banking, the capabilities of borderless and contactless payments are becoming more well known, especially in Latin America. Consumers in LATAM are seeking out simplicity and…
SEC of Brazil Approves First Ethereum ETF in Latin America
In another interesting development in Brazil, an asset management firm based in the country, Hashdex, is planning to launch a Bitcoin ETF whose goal is to combat the environmental concerns that come…
SEC of Brazil Approves First Ethereum ETF in Latin America
In another interesting development in Brazil, an asset management firm based in the country, Hashdex, is planning to launch a Bitcoin ETF whose goal is to combat the environmental concerns that come…
Is the Latin American Bitcoin revolution exaggerated? Mexico, Paraguay backtrack statements
Mexico’s central bank (Banxico) and financial regulator (CNBV) issued a joint statement confirming that banks are not authorized to use Bitcoin as a payment method. At the same time, Banxico said they…
All these Latin American countries want to adopt Bitcoin…and quick
Mexican senators, Eduardo Murat Hinojosa and Indira Kempis, may have a lead in the Bitcoin (BTC) legalization race, but there is still a lot that could happen before the next legal tender…
Latin American Fintech Nubank Receives $500M Investment from Buffett’s Berkshire Hathaway
The news about investing in Nubank comes as a surprise due to Warren Buffett’s known reservations against and aversion to Bitcoin and crypto in general. American investment mogul and philanthropist Warren Buffett…
Algorand (ALGO) is powering the first blockchain-based COVID ‘passport’ in Latin America
The world’s first blockchain-powered COVID passport has gone live in Colombia as part of a joint project between Algorand (ALGO) and Koibanx. The tool is capable of generating user-friendly, reliable, and simple…
