Argentina settles agricultural chemicals export deal worth $7,100 with Paraguay, accepts payment in Bitcoin.
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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by Ana Berman
The Central Bank of Chile issues a detailed report on cryptocurrencies, stating they have no potential to substitute traditional money.
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by Ana Berman
Argentinian public transport card SUBE, used in 37 locations across the country, now accepts Bitcoin.
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by Ana Berman
Bitfury partners with Seoul-based p2p research firm to launch several mining centers and a cryptocurrency exchange in Paraguay.
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by Ana Berman
NEM Foundation in Argentina has partnered with a local trade union of journalists to create a blockchain tool to protect intellectual property rights.
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by Ana Berman
Chile’s anti-monopoly court rules to oblige local banks to keep the accounts of local crypto exchanges open, despite Supreme Court decision.
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by Ana Berman
The Chilean Treasury has launched blockchain platform to connect taxpayers, public institutions and banks.
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by Ana Berman
Chilean banks urge anti-monopoly court to revoke its decision that impedes blocking crypto exchanges’ banking accounts.
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by Ana Berman
Atletico Mineiro, a Brazilian premier league soccer club, is launching its own fan token “GaloCoin” based on Ethereum blockchain.
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by Ana Berman
The Chilean finance minister told local media that the government is making progress on clear crypto legislation.
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by Ana Berman
The prerequisites and aftermath of the Supreme Court decision regarding crypto exchanges accounts.
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by Ana Berman
Chilean Supreme court cancels previous rulings, allowing a state-owned bank to close the account of local crypto exchange Orionx.
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by Ana Berman
The largest private bank in Brazil, Itau Unibanco, has tested a $100 million loan on a blockchain platform powered by R3.
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by Ana Berman
Peru’s central bank has tweeted about potential crypto risks, such as high volatility and frauds, amidst the recent crypto market slump.
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by Ana Berman
Crypto exchange operator OKCoin launches services in Argentina, trading national fiat peso in pairs with several major cryptocurrencies.
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