Crypto Is Brewing in Colombia: Active Adoption That Will Wake You Up
The high popularity of cryptos among Colombians has made the country one of the leading references in the region Go to Source Powered by WPeMatico
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Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto
The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash (BCH), and BTC. Also read: Crypto Terminals Offer Venezuelans a Bridge to … Read more
Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money
There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust the sovereign bolivar. Unfortunately, most Venezuelans are not getting any exposure to digital currency … Read more
Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential
For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, shelter, and to … Read more
Paxful Joins Forces With CoinLogiq to Bring Crypto ATMs to Columbia and Peru
Paxful and CoinLogiq are joining forces to bring 45 ATMs to several points of interest in the major cities of Columbia and Peru Go to Source Powered by WPeMatico
XPay Brings Crypto Payments to Colombia and Venezuela
The financial situation in Venezuela continues to evolve in interesting directions. While Bitcoin is still frowned upon in the country, it is also becoming more common. XPay, a cryptocurrency payment processor, is now offering its services in Colombia and Venezuela. As such, pharmaceutical goods can now be purchased with Bitcoin, assuming people are willing to … Read more
Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across the country and machines will allow people to purchase goods and medicine with cryptocurrencies like … Read more
80% of Colombians Open to Investing in Crypto: New Survey
Almost 87% of Colombians are familiar with cryptocurrency and 80% are open to making an investment Go to Source Powered by WPeMatico
Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels
The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean … Read more
Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity
Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, giving refugees from … Read more
