Peru News

The London-based financial technology company is pushing deeper into Latin America as regional competition among digital banks heats up.

Peru’s largest bank, BCP, launched a pilot crypto platform authorized by the national regulator that allows select clients to buy and hold Bitcoin and USDC.

Researcher Luiz Eduardo Abreu Hadad told Cointelegraph that while devs are drawn to established ecosystems, the region can create new platforms.

Some Bitcoin advocates say that the cryptocurrency has gotten away from its roots as a payment instrument and has become more akin to digital gold.

The Indian instant payment system is gradually making its way around the world.

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.

The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore and Hong Kong to develop its own central bank digital currency.

Statista has found that one-in-three Nigerians held or used crypto assets during 2020.

The pandemic is not stopping Peru's lawmakers from testing ways of regulating the crypto industry.

Crypto exchange Binance is enabling citizens in five further countries to buy crypto using Visa cards with their national fiat currencies.