According to the SEC, CryptoFX allegedly targeted crypto investors from the Latino community across 10 U.S. states and two foreign countries.
Latin America News
- 3027
A deep-rooted distrust toward banks in many developed countries subsists, so crypto and fintech firms will first need to regain their trust.
5821Crypto.com will promote the BTG Dol stablecoin by pairing it with digital assets like Bitcoin and Ether on its trading platform.
5511Latin America-focused trading platform aims to foster diversity in the crypto space under female leadership.
13249The National Banking and Securities Commission of Honduras imposed the ban because of the country’s lack of regulation.
10557Próspera’s tax commissioner, Jorge Colindres, said the development would expand the financial and monetary freedom for individuals in the area.
52101Javier Milei, also known as “El Loco,” has proposed dissolving Argentina’s central bank and envisions a society in which contracts will replace governments.
6891The global cryptocurrency exchange and Web3 service provider launched a local exchange and Web3 wallet in Brazil as the country continues its competitive crypto streak.
3137Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext, spoke with Cointelegraph at the Web Summit about Brazil’s cryptocurrency landscape.
4653VanEck strategy adviser Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years.
13521According to Chainalysis, Latin American crypto users significantly prefer centralized exchanges, in contrast to the rest of the world.
13514Brazil is launching its new national identity program powered by blockchain technology. Rio de Janeiro, Goiás and Paraná will be the first states to issue identification documents on-chain.
22331The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.
5596Bull Bitcoin forms a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution.
4437The nonprofit and NGO Mi Primer Bitcoin partnered with the Ministry of Education of El Salvador to include Bitcoin in its curriculum.
9174