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Piero Coen, co-founder and CEO of Osmo, a Latam-focused bitcoin and lightning network wallet, has announced that they are now bringing their full suite of financial services for customers in Costa Rica. Costa Ricans can top up their wallet using Sinpemovil, a quick cellphone-linked fiat payment method, debit and credit cards. In addition, wallet users … Read more
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims … Read more
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea. Montenegro Police’s Account of the Falsified Travel Documents Found … Read more
Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody … Read more
In Mendoza, Argentina, law enforcement launched an investigation against a sports-related investment site for presumably being a bitcoin scam. Among the inquiries, authorities are investigating if they’re involved in money laundering and tax evasion. Platform Claims to Invest Customer’s Funds in Placing Soccer Bets According to Clarin, Javier Giaroli, the prosecutor from the Public Ministry … Read more
Employees in Costa Rica can receive part of their salary in cryptocurrency and that wouldn’t be against the law. Certain provisions in the national legislation allow companies to pay their workers not only with fiat money but also with goods, and some legal experts believe cryptos can fit in this category. Besides, Costa Rican laws … Read more
True Flip, the blockchain fair games operator, has developed and launched its first slot game. Chain’s Code is available now at cc.trueflip.io with bets starting at 0.000020 BTC and up to 5 BTC as the Superprize. Costa Rica Chain’s Code features a single-line slot machine with a centralized play button for speed, ease of use … Read more
