Nubank, Brazil’s largest digital bank, is set to invest 1% of its portfolio in bitcoin (BTC), and will begin rolling out functions that allow its app users to buy, sell, and hold BTC and ethereum (ETH). Per the media outlet Exame, the neobank will convert 1% of its equity to bitcoin via its holding…
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In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers. Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank’s customers to buy, sell and store cryptocurrencies directly through Nubank. Along with the launch…
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One of the largest private financial entities in Argentina, Banco Galicia, has announced that it will allow some of its customers to trade, sell, and hold cryptoassets at a time when Argentina’s tax body has called for Latin American governments to bolster their crypto monitoring capabilities. … Read More: Argentinian Banking Heavyweight to Launch Bitcoin,…
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Crypto adoption is rising high on the political agenda in Latin America, where legislation is edging closer to promulgation – although Argentinean Bitcoin (BTC) and crypto miners have received a warning that if the chips are down, they could be ordered to power down their rigs…. Read More: Crypto Bills in Panama, Brazil Progressing…
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New York State moratorium on PoW mining reinvigorates the conversation around crypto industry’s sustainability. Last week, New York dominated crypto media headlines in very different ways. In New York State, the local Assembly voted in favor of the bill that would ban for two years any new mining operations that rely on proof-of-work (PoW) consensus…
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The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin. El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet. The Chivo wallet was launched in…
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The MP architect of a draft Panamanian private member’s bill that proposes allowing the use of crypto as a form of payment has claimed that there are key differences between his proposed law and the Bitcoin Law adopted in El Salvador last year…. Read More: Panamanian MP: Our Draft Crypto Law Is Different from…
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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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Argentina is edging toward crypto regulation – as well as further adoption – with a new “innovation hub” that will allow regulators, investors, and crypto startups to work together…. Read More: Argentina Launches Regulatory Sandbox for Crypto Innovators & Investors Read more »Pay, Trade, Buy Bitcoin with Credit Card
DeFi can usher in a system where people don’t have to pay international corporations 10% to send money home in the internet era of Web3. Where I grew up, on the southern border in Texas, a tremendous number of people have come to the United States to work and send money back home. They don’t…
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