Binance provider in Brazil gets payment institution approval
Binance’s partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil. Go to Source Powered by WPeMatico
Latin America
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Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market
The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT. Go to Source Powered by WPeMatico
Crypto adoption is booming, but not in the US or Europe — Bitcoin Builders 2023
At the Bitcoin Builders Conference, Daniel Fogg from IOV Labs and Rootstock spoke with Cointelegraph about how emerging markets are shaping the future of the crypto space. Go to Source Powered by WPeMatico
Argentina’s central bank halts cryptocurrencies from payment apps
The ban is intended to reduce Argentina’s payment system exposure to digital assets, said the monetary authority. Go to Source Powered by WPeMatico
Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue
Argentine Foreign Minister Santiago Cafiero referred to the advantages the issuance of a Latin American common currency would give Argentina. Cafiero stated that the existence of such a currency would relieve the stress that the country is currently facing regarding the state of its foreign reserves and the devaluation of its fiat currency. Argentine Foreign … Read more
Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building a “multipolar” world, while Vieira rejected the unilateral sanctions enacted against Russia. … Read more
Argentina securities regulator approves Bitcoin futures index
The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May. Go to Source Powered by WPeMatico
Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged stablecoin, and Argentina launches yet another dollar exchange rate. Latin American Nations Sign Pact … Read more
Peru considering CBDC to improvement payment system: Former IMF adviser
The Central Reserve Bank of Peru has released a report on the development of a central bank digital currency and promises more reports as its research continues. Go to Source Powered by WPeMatico
El Salvador removes all taxes related to tech innovation for economic growth
Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador. Go to Source Powered by WPeMatico
