Circle’s USDC stablecoin accounted for Latin America’s biggest share of crypto purchases on the major local exchange Bitso in 2024.
Latin America News
Latin America is a group of countries which are located in the Western Hemisphere and where Spanish, Portuguese and French are most-spoken languages. Most of Latin American countries are in South and Central America. Despite fitting the definition, areas of Canada and United States where English is not the predominant language are not referred to as Latin America. The Latin American economy is an export-based economy, mostly consisting of agriculture, petroleum and manufacturing. The main Latin American economies are Argentina and Brazil, with large GDPs and strong rates of growths in last few years. Still, many countries in Latin America still suffer from high crime rates, low education and human development. Because of these factors, Latin American countries have yet to establish a strong fintech and innovation-based industry.
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Galipolo also highlighted the regulatory and oversight challenges presented by the widespread use of stablecoins in payments.
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The Rainforest Foundation US “Treasury for the Trees” initiative aims to raise 100 BTC for a strategic Bitcoin reserve. RFUS executive director Suzanne Pelletier explains why.
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Coinbase’s successful registration in Argentina means it can now offer local payment methods and services in Argentine pesos.
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Blockchain-powered asset tokenization is set to reshape Latin America’s financial systems, driving efficiency, inclusion and transparency.
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The expanding ranks of pro-Bitcoin presidents are boosting global optimism for crypto mass adoption.
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Cryptocurrency holders worldwide are poised to reach a new all-time high in 2025, the CEO of Chainalysis told Cointelegraph.
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Bitfinex Derivates says its decision to relocate to El Salvador will help turn the country into a “financial services center” for Latin America.
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The approval makes Binance the first crypto exchange to have a broker-dealer license in Brazil.
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The crypto industry witnessed historic milestones in 2024, from MiCA regulations in Europe to Bitcoin adoption in Latin America and the US eyeing a strategic Bitcoin reserve.
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El Salvador partners with Argentina to strengthen the digital assets industry, and has talks underway with over 25 nations for similar partnerships.
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President Javier Milei has replaced the leadership of the country’s revenue agency following the introduction of a new tax regime targeting digital creators.
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Latin America continues to be a center of blockchain integration with Nuvei and partners' new e-commerce solution for merchants.
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Brazil continues to see an increase in crypto activity as digital asset imports reach $1.4 billion in September.
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Bolivian bank Banco Bisa has introduced a stablecoin custody service, allowing clients to buy, sell and transfer USDT.
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