Latam Insights: Venezuela’s USDT Oil Economy, JPMorgan Freezes Latam Stablecoin Startups’ Accounts

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Venezuela’s oil income relies largely on USDT payments, JPMorgan freezes accounts belonging to Latam-based stablecoin companies, and Argentina’s Milei signed an NDA with Libra’s organizers. Amidst Sanctions and Tanker Seizures, 80% of … Read more

JPMorgan Freezes Accounts From ‘High Risk’ Stablecoin Startups Kontigo and Blindpay

The actions would have been taken due to the high risk linked to lending services to these startups. Blindpay, one of the stablecoin startups affected, operates in Latin American countries, while Kontigo is focused on the Venezuelan market. JPMorgan Freezes Accounts From Stablecoin Startups Kontigo and Blindpay Stablecoin neobanks are once again under scrutiny by … Read more

Fiserv to Implement QR Crypto Payments in Argentina

The Milwaukee-based company that offers payment solutions to millions of customers worldwide will implement QR payments in Argentina through its Clover platform. Fiserv becomes the first company of its kind to reach this milestone in Argentina, allowing customers to pay in crypto and merchants to receive pesos. Fiserv Pioneers Crypto Payments With Clover in Argentina … Read more

Latam Insights: Brazil’s B3 to Issue Stablecoin, Libra’s Launch Detailed

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil’s B3 stock exchange announces its own stablecoin, a whistleblower details Libra’s launch, and Nubank studies buying a bank. Historic: Brazil’s B3 Stock Exchange to Issue a Stablecoin Next Year The largest … Read more

Milestone: Bitso Processes Stablecoin Payments for Over $80B in Latam

Bitso Business, the business-to-business arm of Bitso, announced that it was on the way to process nearly $82 billion in stablecoin payments in 2025. Felipe Vallejo, Bitso Chief Corporate Affairs Officer and Country Manager at Bitso Mexico, highlighted that this evidenced a shift toward stablecoin-based infrastructure. Bitso Business Announces Milestone: $82 Billion in Stablecoin Payments … Read more

Nubank Seeks to Acquire Traditional Bank to Satisfy Brazilian Regulatory Requirements

According to recent reports, Nubank is strategically pursuing the acquisition of a small bank in Brazil, driven by new regulatory restrictions that prohibit fintech companies from using banking-related names without an official banking license. As an alternative approach, the company could also pursue obtaining a direct banking license to comply with these regulatory requirements. Nubank … Read more

Latam Insights: Brazil’s Banking Giant Updates Bitcoin Advice, TRM Labs Highlights Venezuelan Crypto Growth

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil’s Itau recommends holding up to 3% in bitcoin, TRM Labs releases a report highlighting Venezuela’s positive crypto adoption, and El Salvador plans to roll out an AI-based education plan. Brazil’s Largest … Read more

Latam Insights: Private Banks Closer to Offer Crypto in Argentina, Kraken Goes Local in Colombia

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of Argentina prepares to allow banks to offer crypto services, Kraken implements local payments in Colombia, and YPF plans to accept crypto payments in Argentina. Central Bank of Argentina … Read more

Central Bank of Argentina Mulls Allowing Banks to Offer Crypto Services

According to local media, the central bank is examining the possibility of issuing a new ruleset to allow banks to enter the cryptocurrency business. Local analysts say this would open the door for more people to use crypto and stablecoins. Report: Central Bank of Argentina Mulls Opening Banks to Crypto The Facts The Central Bank … Read more

New Western Union ‘Stable Card’ Targets Remittance Losses in Argentina and Beyond

Western Union is reportedly rolling out a “stable card” aimed at helping people in high-inflation economies protect the value of their remittances. Western Union’s latest move folds neatly into its wider digital-asset roadmap, a strategy its CFO Matthew Cagwin outlined at the UBS Global Technology and AI Conference. The company says its new stable card … Read more