Report: Indonesia leads global surge in interest in crypto
Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims. Go to Source Powered by WPeMatico
Chile
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Chilean Peso stablecoin goes live on Stellar Network
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets. Go to Source Powered by WPeMatico
Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From Two Banks to Keep Checking Accounts Closed From Crypto … Read more
Chilean NGO Prepares Draft to Include Crypto in New Constitution — Releases ‘Scam Blacklist’
A pro-Crypto Chilean NGO hosted a series of conferences on cryptocurrencies and blockchain topics for educational purposes, named Cryptonight 2020, where they announced the preparation of a proposal to submit it in the context of the drafting of a new constitution and the release of a crypto blacklist. Chilean NGO to Submit a Proposal for … Read more
Major Chilean bank shuts down all branches following ransomware attack
There is a nationwide alert for future ransomware campaigns against Chilean companies. Go to Source Powered by WPeMatico
P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise
During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela, Argentina, Chile, Brazil, and Mexico have seen significant bitcoin trade volumes. … Read more
Latin American Markets Post Record P2P Volume in April
Four Latin American markets have produced record trade activity on Localbitcoins during April Go to Source Powered by WPeMatico
Chile LocalBitcoins Volume Hits All-Time High Amid Pandemic-Induced Crisis
Chilean LocalBitcoins volume reached a new record of over 330 million Chilean pesos in the week ending on April 4 Go to Source Powered by WPeMatico
Estonia Grants License to Chilean Crypto Exchange
CryptoMarket has joined the ranks of Latin American crypto companies regulated in the EU Go to Source Powered by WPeMatico
Low Interest Rates Are Crushing Young People and Fueling Global Riots
There are currently riots going on in Chile, Hong Kong and Lebanon. While in every place they are caused by complex local issues, there is a global problem that is an underlying trend: low interest rates which make it impossible for young people to save for their future and at the same time push housing … Read more
