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Latin America News
Latest Latin America News
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News
Two Colombian regulators have proposed another bill that would serve to regulate crypto. The bill consists of 16 provisions, including a VASP licensing system for crypto firms. According to local media outlet El Colombiano, the bill aims to establish a…
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Stablecoin issuer Tether backs MANSA’s $10 million funding in a bid to streamline liquidity for global payments. Cross-border fintech firm MANSA, focused on solving liquidity challenges in payments, has secured $10 million in a funding round led by Tether, with…
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Crypto exchange KuCoin’s expansion in 2024 saw record adoption in LATAM and MENA, driving its user base to nearly 40 million. KuCoin‘s user base hit 38 million in 2024, with the biggest growth in Latin America and the Middle East/North…
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News
Brazilian neobank Nubank has launched a fixed 4% annual return for USDC holders, making the feature available to all crypto wallet users. The largest digital bank in Latin America, with more than 85 million customers in Brazil and 6 million…
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Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective blockchain. According to a Dec. 23 X post from Injective, INJ, the native utility and governance token of the Layer-1 Injective blockchain, is now…
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News
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…
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News
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…
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News
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…
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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…
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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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News
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…
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Feature
Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?
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News
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.
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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…
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