The release introduces World Chat with end-to-end encryption, DeFi-powered yield via Morpho and QR-code payments at more than one million merchants in Argentina.
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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HIVE’s Colombia listing provides Andean investors with access to the growing digital infrastructure sector as Bitcoin miners shift their focus toward AI and HPC.
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The Bank of Mexico's new stability report flags liquidity, contagion and regulatory-arbitrage risks as crypto adoption accelerates in Latin America.
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Argentina’s central bank is reportedly considering whether to allow traditional financial institutions to offer crypto services, marking the potential lifting of a ban.
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Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE.
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The investment will help Parfin expand its onchain settlement tools and strengthen stablecoin infrastructure that is already driving institutional crypto use in LATAM.
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Argentina’s order against Hayden Davis marks the latest move in the $250 million Libra fraud probe now spanning courts in Buenos Aires and New York.
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Stablecoins have emerged as a store-of-value asset in emerging market economies at a rate no one predicted, Wood said on Thursday.
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Latin Americans are using stablecoins and crypto to combat inflation and access banking services where traditional systems have failed, according to the CEO of Bybit LATAM.
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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.
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Nubank vice-chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America.
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Researcher Luiz Eduardo Abreu Hadad told Cointelegraph that while devs are drawn to established ecosystems, the region can create new platforms.
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Itaú Asset is launching a crypto division within its billion-dollar mutual funds arm, aiming to deliver alpha for clients with digital assets trading.
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Binance launches Medá in Mexico, a regional crypto hub and regulated fintech driving fintech innovation across Latin America.
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Tokenization could solve Latin America’s capital market inefficiencies, boosting liquidity and unlocking new investment opportunities, according to Bitfinex Securities.
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