2TM GRoup, the company behind Mercado Bitcoin, is now valued at $2.1 billion. It’s the second crypto exchange in Latin America to eclipse the $1 billion valuation mark.
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Category: Latin America
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Mexico may not be following El Salvador’s example on Bitcoin… yet
A warning from the country’s financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin.
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Asset manager QR launches Bitcoin ETF on Brazilian stock exchange
Brazilian asset manager QR Asset Management started trading its Bitcoin exchange-traded product on B3.
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Latin American telecom company accepts crypto payments through BitPay
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform.
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El Salvador’s president wants to build volcano-powered crypto miners
Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency.
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El Salvador President: Bitcoin law will be approved tonight
President Nayib Bukele’s Bitcoin Law will reportedly be passed in the Salvadorian congress tonight.
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Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live
As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province. Investigations Initiated After Two Complaints Filed With the Authorities According to Valle Calchaquí, the operation happened […]Powered by WPeMatico
Argentinean Tax Body Asks Domestic Cryptocurrency Exchanges to Report Monthly Transactions and Wallet Balances
The local tax authority could soon hunt tax evaders who trade cryptocurrencies in Argentina following a notice sent to domestic crypto exchanges. The Federal Administration of Public Revenue (AFIP) ordered them to report all virtual currency-related transactions every month. Payment Gateways Are Also Subject to the Ruling According to Bae Negocios, the watchdog issued a […]Powered by WPeMatico
Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about the possibility to consider it for future economic plans. Discussions Underway Despite Domestic […]Powered by WPeMatico
Major Brazilian crypto asset manager secures $26M funding
Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm.
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