Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis.
Category: Latin America
Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country
Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other Countries in the Matter According to La Estrella de Panama, the MP is advocating […]
Ecuadorian Presidential Candidate Proposes a National Cryptocurrency but It Won’t Replace the Dollar
An Ecuadorian presidential candidate hinted at creating a cryptocurrency in the country as part of its government agenda. Giovanny Andrade said that the national crypto aims to “facilitate” transactions across the country. Crypto Could Be Backed by Gold During an interview with Primicias, Andrade, representing the Union Ecuatoriana party, believes its cryptocurrency idea is a […]
La carrera de Colombia por convertirse en un mercado líder de criptomonedas en la región
Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.
Crypto Industry’s Favorite Messaging App Telegram Surpasses 500 Million Active Users
Telegram, a popular messaging app within the cryptocurrency space, surpassed 500 million monthly active users during the first week of January, according to Telegram chief executive officer Pavel Durov. In the last 72 hours, said Durov, the app has seen a massive surge in new users, with an additional 25 million people signing up to […]
Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil
Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.
Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From Two Banks to Keep Checking Accounts Closed From Crypto […]
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Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate Tokens Are ‘Intangible Assets’ According […]
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Major Latin American University Launches Specialization Featuring Crypto-Related Topics
One of the biggest and most laureate universities in Latin America approved the launch of a Financial Engineering specialization course, whose modules cover crypto and blockchain-related subjects, marking it a historic landmark across the region’s educational sector. Mexico’s Biggest University Is Set to Teach Crypto Topics on Brand-New Specialization According to the official announcement in […]
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Stellar expands reach in Latin America with $3M investment in Settle Network
The fourth investment of the year from the Stellar Development Foundation has gone into Settle Network, a Latin American stablecoin and payments provider.