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Millions Already Hold This Latam-Based Dollar Pegged Stablecoin

Millions Already Hold This Latam-Based Dollar Pegged StablecoinMercado Libre, the Latin American e-commerce and financial services giant, has reached a milestone with meli dolar, an in-house distributed dollar-pegged stablecoin. The token, launched in August, is now in millions of wallets, according to Ignacio Estivariz, VP of Fintech Services at Mercado Libre. “We already have millions of users who have received meli dolar […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention

Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government InterventionMarcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency. In a recent interview, Galperin stated that he believes cryptocurrencies will play a “very, very important role” in the future of people’s finances. He disclosed that he invested in bitcoin in 2013 when […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project

Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin ProjectMercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio, will be launched in Mexico, according to Juan Vita, Senior Director of Product at Mercado Pago. […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Latam Insights: El Salvador Offers Bitcoin Instruction to 80,000 Public Servants; Mercado Libre Launches Stablecoin

Latam Insights: El Salvador Offers Bitcoin Instruction to 80,000 Public Servants; Mercado Libre Launches StablecoinWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launches an in-house developed dollar-pegged stablecoin, and Paraguay keeps seizing illegal bitcoin mining operations. El Salvador to Educate 80,000 Public Servants on […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company

Crypto-Friendly Mercado Libre Becomes Latam’s Largest CompanyMercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million, significantly surpassing the expected $432 million. Other numbers were also positive, including a 36% growth in sales in Brazil, […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto

Latam E-Commerce Giant Mercado Libre Holds  Million in CryptoMercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by March 31. However, Mercado Libre does not own these holdings, as its CIO Richard Cathcart explained, […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Worldcoin integrates with Shopify, Mercado Libre, Minecraft, Reddit and Telegram

Worldcoin released a new version of its World ID feature with multiple app integrations.

Worldcoin has launched a new version of its World ID feature, called “World ID 2.0,” according to a Dec. 12 announcement.

The new version is integrated with Shopify, Mercado Libre, Reddit and Telegram, allowing users to prove their humanness on these platforms.

The new app integrations add to those that already exist, including Discord, Talent Protocol and Okta’s Auth0, the announcement stated. The new version also allows app developers to choose between different levels of authentication, ranging from “lite” to “max.”

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Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Mercado Pago Launches Cryptocurrency Trading Services in Mexico

Mercado Pago Launches Cryptocurrency Trading Services in MexicoMercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase, store, and sell bitcoin and ethereum, and also to receive […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program

Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty ProgramNubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage of lower fees, and […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased Crypto

Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased CryptoNubank, a Brazil-based digital bank, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the biggest financial institutions of its kind in Brazil. The company also announced that almost 2 million of its customers are cryptocurrency investors. Nubank Reaches 70 […]

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting