Latin America News

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…

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…

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…

Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?

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…

Centralized crypto exchange Bitget has appointed Vugar Usi Zade as the new Chief Operations Officer.

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…

Transfero, a major fiat onramp in Latin America, partners with Finery Markets to launch an OTC crypto trading desk using FM's trading software.

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.

A recent report from Chainalysis illuminates this grassroots crypto adoption across Latin America. Brazil, Argentina, and Mexico have emerged as leaders.

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.

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…

Worldcoin, one of the world’s most discussed ID projects, broke an all-time high user record. The company registered 9,500 new users in the country in 24 hours. This means that every 9 seconds, a new user has registered on the…

Binance expands its Latin American footprint with Send Cash in nine countries, aiming to facilitate remittances and cross-border payments.

Fintech firms Circle and Mercado Pago have announced a strategic alliance to introduce the USDC stablecoin to Chilean customers.

The joint effort between Mastercard and Binance to offer crypto card services in Argentina, Brazil, Colombia, and Bahrain will end on Sep. 22