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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 […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Latam Giant Mercado Libre Launches Mercadocoin in Brazil

Latam Giant Mercado Libre Launches Mercadocoin in BrazilMercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain items linked with the token. The token will have an initial value […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Mercado Pago Extends Its Cryptocurrency Services in Brazil

Mercado Pago Extends Its Cryptocurrency Services in BrazilMercado Pago, the digital payments company related to Mercadolibre, has recently announced the extension of the crypto services that it provides to users in Brazil. The company revealed it will now allow customers to deposit their own cryptocurrencies through third-party services and wallets into their cryptocurrency digital wallet with no cost associated. Mercado Pago to […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in BrazilMercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts

Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax DebtsThe Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt collection was suspended during the Covid-19 pandemic period. […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin

Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado BitcoinMercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With these investments, the platform gets closer to cryptocurrency, having already bought bitcoin as a direct investment for its treasury, and offering the possibility of investing in crypto for its users in several countries in Latam. […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its Platform

Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its PlatformMercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers to purchase, hold and sell cryptocurrencies directly from the platform. The […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin

Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in BitcoinGlobant, one of the big four tech firms in Argentina, has quietly made its first foray into the world of cryptocurrency investing, according to its latest filing to the SEC. The firm bought bitcoin during the first three months of this year, and is now part of a select number of LATAM unicorns that have […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury

E-Commerce Giant Mercadolibre Buys Bitcoins Worth .8 Million for TreasuryMercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets. Mercadolibre Holds Bitcoin on Balance Sheet Mercadolibre Inc. reported its first-quarter […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve