Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche to Boost Financial Services in Latin America Littio, known for its mobile banking services, is using Opentrade’s…
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China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments in regions like Southeast Asia and Latin America. China’s Economic Shift and Its Global Implications…
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India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography…
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Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning Support via Lightspark The integration of Lightspark Connect will allow Bitso‘s 8 million retail customers…
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Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transformation with a shift towards crypto-powered solutions and CBDCs, despite resistance from sector incumbents. In Africa, crypto-enabled payments are enhancing accessibility and affordability,…
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Chile is tentatively moving toward the launch of a CBDC, with the public seemingly firmly behind the central bank’s plans. Per the media outlet Criptonoticias, the Central Bank of Chile (BCCh) is yet to commit to a CBDC launch. However, a digital peso rollout is looking increasingly likely, with the BCCh announcing it is set…
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In a nod to the ever-growing global impact of cryptocurrencies, Bitcoin.com News has launched Spanish and Russian versions of its site, aiming to provide non-English speakers with the latest in crypto news and insights. Spanish and Russian Speakers Gain Direct Access to Crypto News as Bitcoin.com News Expands Language Offerings In a move informed by…
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The global cryptocurrency exchange and Web3 service provider launched a local exchange and Web3 wallet in Brazil as the country continues its competitive crypto streak. The cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform. On Nov. 27,…
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Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext, spoke with Cointelegraph at the Web Summit about Brazil’s cryptocurrency landscape. Cryptocurrency may be “out of fashion,” but it still draws new users to Web3 daily — particularly in emerging markets such as Brazil — according to Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext.…
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Source: AdobeStock / Ascannio Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Digital asset marketplace Bakkt Holdings announced international and domestic expansion. Per the press release, it plans to expand crypto capabilities into numerous international markets with existing and…
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