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.
IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
Citi and IADB complete cross-border payment pilot with blockchain tech
The Brazilian Stock Exchange (B3) approved the first crypto ETFs in Latin America and leading to a new milestone for the market.
Brazilian Stock Exchange approves two new crypto ETFs in Latin America
Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid ...
Tokenized agriculture could provide economic relief to Argentine farmers
Leading Brazilian exchange Mercado Bitcoin has announced a regional expansion, naming Chile, Mexico, and Argentina as likely destinations.
Brazil’s top exchange announces international expansion after raising $38M
Analysts have been categorizing blockchain projects worldwide into a “periodic table” that allows for a granular analysis of the technology’s inroads into globa...
WTO blockchain report says customs remains ‘weak link’ of trade digitalization
Traditional finance execs are increasingly moving into crypto positions.
Former Visa exec joins Crypto.com to drive Latin American market
A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards.
Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week