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Binance Launches ‘Send Cash’ Remittance Services in Latam
1.9.2023
Binance, the largest cryptocurrency exchange by volumes traded, has announced the launch of “Send Cash,” a Latam-focused remittance service. The newly launched tool will allow users in nine countries in the region to send crypto to bank accounts of friends or family in Argentina...
Worldcoin signs up over 9K users in Argentina in a single day despite criticism
31.8.2023
The iris-scanning project saw a surge of signups in Argentina, registering an average of one user every nine seconds
Worldcoin Sets New Sign-Up Record in Argentina Despite Ongoing Investigation Over Data Privacy
31.8.2023
Worldcoin, co-founded by Sam Altman, has reported a single-day record of approximately 9,500 Argentinians successfully verifying their World ID despite ongoing investigations into the project over data privacy concerns.
Worldcoin sign-ups in Argentina, averaging at one verified individual every...
Binance launches crypto-to-bank account payment product in Latin America
30.8.2023
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia
Bitcoin Adoption Grows in Argentina as El Salvador Proceeds with Caution
30.8.2023
Bitcoin adoption in Argentina is surging, contrasting the more measured approach seen in El Salvador. As Argentina grapples with soaring inflation, its citizens are increasingly turning to Bitcoin, driven by economic challenges and political shifts....
Read More: Bitcoin Adoption Grows in Argentina...
Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'
29.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders...
Latam Insights: Brazil’s Lula Pushes for BRICS Currency; Binance Drops Card Programs
28.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil’s President Luiz Inacio Lula Da Silva pushes to issue a BRICS common currency, Binance drops card services, and Argentina gets invited to be part...
Oil Giants Joining BRICS a Strategic Success for China and Russia, Expert Says
28.8.2023
A German expert says that the BRICS economic bloc adding several oil giants as new members “is a strategic success for China and Russia.” The BRICS leaders announced at their annual summit last week that they have invited Saudi Arabia, the UAE, Iran, Argentina, Egypt, and Ethiopia to join as...
Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
26.8.2023
The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The proposal, which would leverage resources in the Chinese credit swap line, aims to maintain trade between the countries and secure the payment of Brazilian...
Mastercard and Binance Ending Partnership for Crypto Cards
26.8.2023
Mastercard and crypto exchange Binance are ending their partnership for crypto cards. According to the payment giant, the decision will affect all four of Mastercard’s co-branded crypto card programs with Binance in Argentina, Brazil, Colombia, and Bahrain. Partnership Between Mastercard...
BRICS Invites 6 Countries to Join, Including Saudi Arabia, UAE, Iran
25.8.2023
The BRICS economic bloc has invited six countries to become new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. The BRICS leaders wrapped up their 15th annual summit on Thursday. “We have reached agreement on the guiding principles, standards, criteria,...
Num Finance launches Colombian peso stablecoin on Polygon
25.8.2023
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
Bitcoin Dreams Are Coming True in Argentina and Turkey
23.8.2023
It’s no surprise a BTC-backing candidate just won a primary election in Argentina
Stablecoin Buying Rises in Argentina as Peso Tumbles
22.8.2023
Industry insiders claim Argentina is experiencing a rise in stablecoin buying as black market dollar market prices spiral upward.
Per Globo, the nation is in the grips of the “worst political crisis in 21 years,” with hyperinflation eating up the value of the fiat peso.
Last week, Bloomberg...
Latam Insights — Javier Milei’s Victory Divides Argentina; Bitso Launches Cross-Border Institutional Payment Service
21.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Javier Milei’s victory in Argentina causes a devaluation maelstrom, and Bitso launches a cross-border institutional payments service. Javier...
Nobel Laureate Paul Krugman States Argentina Should Adopt the Euro Instead of the US Dollar
21.8.2023
Economics Nobel laureate Paul Krugman recently stated that Argentina might be better off adopting the euro instead of the U.S. dollar amidst the devaluation of the Argentine peso. Krugman argued that Argentina has almost twice as much trade with the European Union as it does with the U.S., stating...
Dollarization Can Lead to ‘Economic Contraction and Collapse’ of Argentine Economy — Former US Treasury Official
20.8.2023
The U.S. chairperson of the Official Monetary and Financial Institutions Forum (OMFIF) has characterized the Argentinian presidential hopeful’s plan to fully dollarize the economy as “a far too risky gamble.” Mark Sobel said full dollarization without an exit policy “could...
Argentines Flock to Stablecoins Amidst Record Devaluation Numbers
18.8.2023
Argentines are flocking to purchase stablecoins to protect their savings as the peso loses value. Local cryptocurrency sources reported an increase of up to 500% in the crypto volumes moved, mostly in stablecoins like USDT, to shield incomes against the raging devaluation registered after...
Bitcoin soars in Argentina as Javier Milei wins presidential primary
17.8.2023
Despite slumping in global crytocurrency markets, Bitcoin has jumped to new highs in Argentine after BTC-friendly presidential candidate Javier Milei won the primary vote on August 13
Argentina Set to Become a ‘Bitcoin Haven,’ Politician Claims
16.8.2023
An Argentinian politician has claimed the country will soon become a ‘Bitcoin haven,’ with the nation edging closer to electing a BTC-keen head of state.
The claims were made by Diana Mondino, an economist, university professor, and former board member of firms such as Pampa Energía, Banco...