Latin America – Page 3

Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown

June 12, 2023

In the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with Bitget, a crypto derivatives exchanges. The American regulator filed lawsuits against both Binance, the globe’s largest cryptocurrency exchange, and Coinbase, the…
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Latam crypto holders flock to Bitget following Binance, Coinbase suits

June 11, 2023

The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits. Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase. As compared to daily averages, new…
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Brazilian crypto exchange Mercado Bitcoin licensed as payment provider: Report

June 3, 2023

As a payment institution, MB Pay will enable certain digital banking services to the crypto exchange’s users in the country. Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil’s central bank on June 2, according to local media reports. With the license, the company will launch its fintech solution MB Pay. “The…
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Binance provider in Brazil gets payment institution approval

May 20, 2023

Binance’s partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil. Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country’s central bank to operate as a payment institution and electronic money issuer on May 19, according to…
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Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market

May 19, 2023

The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT. Argentinians can now purchase dairy produce with the USDT stablecoin at the Central Market of Buenos Aires — one of the largest movers of fruits and vegetables in Latin America. The…
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Crypto adoption is booming, but not in the US or Europe — Bitcoin Builders 2023

May 18, 2023

At the Bitcoin Builders Conference, Daniel Fogg from IOV Labs and Rootstock spoke with Cointelegraph about how emerging markets are shaping the future of the crypto space. Mass crypto adoption is already taking place around the world, but not in the United States or Europe, nor does it have Bitcoin as a flagship asset for…
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Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX

May 17, 2023

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: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX Read more »Sign up for e-EUR – the progressive stablecoin

Argentina’s central bank halts cryptocurrencies from payment apps

May 5, 2023

The ban is intended to reduce Argentina’s payment-system exposure to digital assets, said the monetary authority. On May 4, Argentina’s central bank banned payment providers from offering crypto transactions, alleging it intends to reduce the country’s payment-system exposure to digital assets. According to a statement from the monetary authority, payment providers may not offer or…
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Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue

May 5, 2023

Argentine Foreign Minister Santiago Cafiero referred to the advantages the issuance of a Latin American common currency would give Argentina. Cafiero stated that the existence of such a currency would relieve the stress that the country is currently facing regarding the state of its foreign reserves and the devaluation of its fiat currency. Argentine Foreign…
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Today in Crypto: Nigeria’s Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution for Regulated Security Tokens

May 4, 2023

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: Nigeria’s Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution…
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Tag: Latin America