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Latest Latin America News
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Canadian fintech company Nuvei has unveiled a new blockchain solution targeting merchants across Latin America. In an announcement on Dec. 4, Nuvei revealed it would be partnering with several companies to bring this solution to the region. The partners include…
USDC
USDC
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Crypto.com has announced the launch of its Visa card program in Latin America, bringing its popular cryptocurrency-linked rewards card to a region with growing interest in digital assets. The Crypto.com Visa Card allows users to preload funds using their crypto…
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Bitso, a leading crypto exchange in Latin America, has rolled out Lightning Network support for 100% of its users. On Nov. 12, the Lightspark team posted on X that the South American crypto exchange Bitso has now added support for…
BTC
Bitcoin
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Major Bolivian bank, Banco Bisa, has launched a a custody service for Tether’s USDT stablecoin, allowing clients to buy and sell crypto. According to a report by local media El Deber, Banco Bisa officially launched a custody service for virtual…
USDT
Tether
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Stablecoin transaction value on Brazil’s local exchanges has surged well beyond Bitcoin, reflecting a sharp rise in their use for B2B cross-border payments. Brazil‘s stablecoin market is thriving, as Latin America becomes the second-fastest-growing region with a year-over-year growth rate…
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Blockchain startup Parfin has secured $10 million in its Series A round, aiming to drive global expansion and bridge traditional finance with blockchain. Mastercard-incubated Blockchain infrastructure firm Parfin has successfully closed the first tranche of its Series A funding, raising…
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Over 40% of all crypto trades in Latin America involve the USDT stablecoin, signaling a waning interest in Bitcoin, which is even trailing XRP in the region’s top trading pairs. Stablecoins are more popular in Latin America (LATAM) than Bitcoin…
Feature
Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?
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Threat actor TA558 has launched a new phishing campaign targeting Latin American sectors with Venom RAT, amid rising cyber threats exploiting DarkGate and malvertising. Cybergang TA558 is once again targeting Latin American companies and government agencies in what appears to…
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Centralized crypto exchange Bitget has appointed Vugar Usi Zade as the new Chief Operations Officer.
BGB
Bitget Token
News
Fintech companies across Latin America are embracing digital finance solutions, driven by the increasing adoption of crypto and blockchain, Circle says. According to Circle‘s latest report titled “Latin America Embraces Digital Finance and the Next Internet Era,” fintech companies in…
USDC
USDC
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Transfero, a major fiat onramp in Latin America, partners with Finery Markets to launch an OTC crypto trading desk using FM's trading software.
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According to a recent Sumsub report, 2023 has been marked by increasing professionalization in fraud tactics, with 77% of crypto companies reportedly observing new patterns and schemes.
Feature
A recent report from Chainalysis illuminates this grassroots crypto adoption across Latin America. Brazil, Argentina, and Mexico have emerged as leaders.
BTC
Bitcoin
News
Bitfinex, has announced that it has introduced zero-fee trading for market takers on its peer-to-peer (P2P) platform in Argentina, Colombia, and Venezuela.
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Match Systems, a leading firm in anti-money laundering solutions, has released a new report on cryptocurrency misuse cases in Latin America. The report reveals two significant illegal activities involving cryptocurrencies: a large-scale drug trade operation and a complex financial pyramid…
