LATAM

Crypto Dominates as Payment Method for Remote Workers in Latam

February 20, 2023 Bitcoin.com

Bitcoin

Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include the instability of some of the local fiat currencies, and the influence of high levels of inflation in the region. […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Brazilians Will Be Able to Pay Taxes With Crypto

February 13, 2023 Bitcoin.com

banco do brazil

Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid for Brazilian reals on the fly. Brazilians Will […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Binance and Mastercard Launch Crypto Prepaid Card in Brazil as Part of Latam Expansion

February 1, 2023 Bitcoin.com

Argentina

Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of 13 cryptocurrencies to make payments to local merchants. Brazil Receives Binance Prepaid Card Binance, […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Latam Common Currency to Focus on Settlements Among Mercosur and BRICS Countries

January 25, 2023 Bitcoin.com

Alberto Fernandez

President of Brazil Luis Inacio Lula Da Silva clarified the scope and reach of the common currency that Brazil and Argentina are studying to issue in Latam. Lula Da Silva clarified that he believed this currency would be used to settle cross-border payments between the two countries and also countries from BRICS and Mercosur. Lula […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Elon Musk Praises Reports on Latam Common Digital Currency: ‘Probably a Good Idea’

January 25, 2023 Bitcoin.com

Argentina

Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency in Latam, to be initially worked on by Argentina and Brazil. Musk stated that this move would be “probably a good idea,” commenting on the topic on social media. Elon Musk Gives […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Brazil and Argentina to Start Working on Creation of Latam Common Currency

January 24, 2023 Bitcoin.com

Argentina

Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future. Brazil and Argentina to Spearhead Common Currency Issuance Project […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives

December 24, 2022 Bitcoin.com

Anita Caerols

Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth marketing strategy. Samsung’s Metaverse Push in Latam Many […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report

November 26, 2022 Bitcoin.com

AML/KYC

Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The document states that crypto regulation has failed to grow with the adoption of these new technologies and that governments have often failed to detect and punish […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Latam Based Cryptocurrency Exchange Ripio Expands to US

November 25, 2022 Bitcoin.com

Argentina

Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies and institutional investors. Ripio Expands Operations to US […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices

Relaunch of USAN — the Union of South American Nations — in Latam Profiles New Monetary Integration

November 16, 2022 Bitcoin.com

bitcoin.com

A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization. The proposal, made by several former presidents of countries in Latam, reinforces the need for regional integration to overcome common problems in the area, including poverty. USAN Relaunch Proposal Includes […]

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Bitcoin Time Capsules Open: Ancient Wallets Resurface Amid Six-Figure BTC Prices