Category: Mexico

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Which Markets Could Benefit the Most from Crypto?

  Pavel Matveev is the CEO and Co-Founder of the major blockchain-based payments platform Wirex.  __________… Read More: Which Markets Could Benefit the Most from Crypto?  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia

Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy for the company,…
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Mexican Crypto Exchange Bitso Launches Stable Yield Program

Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on the quantities deposited by users, and it is designed to help…
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Crypto Adoption Continuing in Developing Countries Despite Price Drop

  Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said…. Read More: Crypto Adoption Continuing in Developing Countries Despite Price Drop  Read more »Pay,…
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Bitcoin ATM installed in Mexico’s Senate Building

Senator and outspoken crypto proponent Indira Kempis shared her excitement at the development on Twitter, stating that “for freedom, inclusion and financial education in Mexico.” Mexico’s Senate building now houses the country’s 14th Bitcoin (BTC) ATM, a sign of the country’s increasing interest in Bitcoin. The ATM was installed on Tuesday with the support of…
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More Crypto Regulation May Be on the Way in Mexico, Suggests Central Bank Chief

  The Governor of the Bank of Mexico (Banxico) has spelled out its position on crypto – and has hinted that it may seek to expand the scope of its regulation of the sector. In a report from Forbes Mexico, the Governor, Victoria Rodríguez Ceja, was quoted as telling the Senate that she and her…
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Making Bitcoin legal tender is Mexico will be ‘an uphill battle,’ says Ricardo Salinas

Billionaire and Bitcoin advocate, Ricardo Salinas, During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin (BTC) adopter, since its $200 days, Salinas has experienced first-hand the highs and lows of the market, and learned…
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Delivery App Rappi Launches Pilot Project to Accept Crypto Payments in Mexico

Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only be available for users of these services…
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Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican Senator Sends Bullish Sign Too

  The island of Roatán in Honduras and Portugal’s Madeira region are both set to “adopt bitcoin,” while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin…. Read More: Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican Senator Sends Bullish Sign Too  Read more »Pay,…
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Coinbase Reportedly Nears Mercado Bitcoin Purchase as Binance Readies Rio Expansion

  Crypto exchange giants Coinbase and Binance could be set to go head-to-head with their expansion plans in Brazil. The former is reportedly eyeing a major M&A deal to buy one of the biggest crypto exchange platforms in the Latin America region, while Binance has confirmed it will open its own Brazilian operations…. Read More:…
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