Paraguay has become a “new Latin American Mecca for cryptocurrency mining,” a new report has claimed – but not everyone seems to be happy about the fact that more miners than ever are choosing to set up shop in the nation…. Read More: LATAM’s New Crypto Mining ‘Promised Land’: Pluses & Minuses for Paraguay Read…
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Brazilian law enforcement agencies have swooped on the home of a local government chief they suspect of heading a crime ring that laundered money using cryptoassets – along with a controversial figure named “the Bitcoin Pharaoh.” The raid took place at the home of the Armação de Búzios councilman Lorram Gomes da Silveira, Globo reported,…
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Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain items linked with the token. The token will have an initial value…
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The Latin American e-commerce heavyweight Mercado Libre has rolled out its own cryptoasset – named Mercado Coin – in Brazil. The move is the latest in a series of bullish crypto-related moves from the company, which is often touted as the LATM region’s answer to Amazon. Last year, the company began accepting bitcoin (BTC) as…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius + More News Read more »Pay, Trade, Buy Bitcoin with Credit…
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The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn’t stop innovation. He also explained his goal is to connect the digital with…
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Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by the Brazilian Securities and Values Commission (CVM) in January.
Bluebenx…
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The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin. Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH). The firm officially announced on Wednesday that…
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Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos, the issuer of the pax dollars stablecoin, in…
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