The draft project, introduced by Representative Shirley Rivera to the Guatemalan Congress, establishes several rules aimed at positioning Guatemala at the forefront of cryptocurrency regulation. The bill provides tax exemptions for personal transactions and regulates the voluntary use of crypto for payments. Bill Regulating Cryptocurrency Payments Proposed Before Guatemalan Congress Increasingly, countries are rushing to […]
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Banco Industrial, the largest bank in Guatemala, has announced the integration of Sukupay, a crypto-based cross-border payment provider, to power its remittance services. Using Sukupay, Banco Industrial now offers its customers remittances at a flat fee of $0.99, allowing them to receive these funds in their bank accounts. Michel Caputi, Head of the Strategic Alliances […]
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Worldcoin has expanded its orb verifications to Guatemala, Poland, and Malaysia amidst a wave of concerns regarding the dangers of artificial intelligence and the difficulty of identifying bots and humans online. The organization also debuted a new tech called Face Auth, which allows apps to check if the previously registered person is the one using […]
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“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph.
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The Central American country of Guatemala is getting inked on the path to greater Bitcoin merchant adoption.
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Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems.
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