Tag: Latin America

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Brazil rolls out blockchain-based digital ID

Brazil is launching its new national identity program powered by blockchain technology. Rio de Janeiro, Goiás, and Paraná will be the first states to issue identification documents on-chain. Over 214 million Brazilians will soon be using blockchain technology for digital identity, the government recently announced. Rio de Janeiro, Goiás, and Paraná will be the first…
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Buenos Aires to issue blockchain-based digital ID

The first documents to be available on-chain in Buenos Aires include birth and marriage certificates, along with proof of income and academic verification. Buenos Aires, the capital of Argentina, is making a major move toward integrating its bureaucracy with blockchain technology. Starting in October, the city’s 15 million residents can access identity documents via a…
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Binance Launches Send Cash For Quick and Low-Cost Crypto Transfers in Nine Latin American Countries

Following Binance’s suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called “Send Cash,” which enables users from 9 countries in the region to transfer crypto using Binance Pay. In its statement on Tuesday, Binance ‘Send Cash’ will enable users to swiftly transfer digital funds at lower costs…
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Num Finance launches Colombian peso stablecoin on Polygon

Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia. Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian peso, the company announced Aug. 24 in an X post. The stablecoin…
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Today in Crypto: Bitstamp ‘Permanently’ Suspends Trading for Several Altcoins for US Users, MuesliSwap Will Refund Money Lost Due to Slippage ‘Misunderstanding’, Unstoppable Domains Launches Blue Premium Membership

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: Today in Crypto: Bitstamp ‘Permanently’ Suspends Trading for Several Altcoins for US Users, MuesliSwap Will Refund Money Lost Due to Slippage ‘Misunderstanding’, Unstoppable Domains Launches Blue Premium Membership  Read more »Sign…
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Hardware Wallet Maker Ledger Targets Latin America Growth

The crypto hardware wallet producer Ledger is looking to expand into the Latin America region, and is targeting growth in “Central and South America.” Per Criptonoticias, the French firm has announced plans for an “expansion” that Ledger hopes will “strengthen” its supply chain “operations” across the “entire Americas region.”… Read More: Hardware Wallet Maker Ledger…
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How Argentina’s inflation is helping altcoins and the crypto market

Cointelegraph analyst and writer Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors. On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that people continue to work and consume (somehow) even if their local currency…
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Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion

This week’s Crypto Biz looks at the story behind Binance’s debanking in Australia, Bitcoin miners preparing for the next halving, and Bitfinex’s expansion in Latin America. June was a tough month for Binance, as it faced stress tests worldwide after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange…
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Spanish Crypto Exchange Bit2Me Raises $15 Million for Expansion in Spain and Latin America

Bit2Me, a prominent crypto exchange based in Spain, has successfully raised €14 million in funding to strengthen its position within the Spanish market and expand its operations into Latin America. The exchange announced the news on its blog, sharing that the funding round was led by Investcorp, a global manager of alternative investment products for…
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Register Here for a Weekly News Update on Latin America

Due to the unique traits it presents, Latin America has been a thriving region for cryptocurrency, as the technology aims to complement or even substitute traditional finance components that cannot be used in certain countries in the area. Marked by the vast differences between its countries, grouping Brazil — one of the first economies of…
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