The global cryptocurrency exchange and Web3 service provider launched a local exchange and Web3 wallet in Brazil as the country continues its competitive crypto streak.
Latin America News
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Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext, spoke with Cointelegraph at the Web Summit about Brazil’s cryptocurrency landscape.
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VanEck strategy adviser Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years.
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According to Chainalysis, Latin American crypto users significantly prefer centralized exchanges, in contrast to the rest of the world.
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Brazil 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.
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The first documents available on-chain in Buenos Aires will include birth and marriage certificates, along with proof of income and academic verification.
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Bull Bitcoin forms a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution.
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The nonprofit and NGO Mi Primer Bitcoin partnered with the Ministry of Education of El Salvador to include Bitcoin in its curriculum.
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Binance’s Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia.
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Tether’s chief technology officer, Paolo Ardoino, hinted that the operations are based in South America but hesitated to reveal more details.
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Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia.
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In the latest Cointelegraph Report, we analyzed the privacy and ethical concerns around Worldcoin, currently among the most controversial cryptocurrency projects, and assessed its potential to disrupt the AI era.
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The exchange reported receiving approval for Bitcoin Services Provider and Digital Assets Services Provider licenses in El Salvador, where Bitcoin has been legal tender since 2021.
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According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading.
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Cointelegraph analyst and writer Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors.
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