Latin American Markets Post Record P2P Volume in April
Four Latin American markets have produced record trade activity on Localbitcoins during April Go to Source Powered by WPeMatico
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Bitcoin-Backed ‘Cryptodollar’ to Combat Hyperinflation in Venezuela
Valiu wants to combat Venezuelan hyperinflation and capital controls on remittances with a Bitcoin-backed synthetic dollar Go to Source Powered by WPeMatico
Cybersecurity Firm ESET Manages to Disrupt Major Monero-Mining Botnet
The Monero-mining malware has infected over 35,000 computers since May 2019, with 90% of compromised devices located in Peru Go to Source Powered by WPeMatico
IADB: Blockchain Technology Program Aims to Fight Violence Against Women and Children
The Inter-American Development Bank looks forward to funding Blockchain projects that fight violence against minorities in Latin America Go to Source Powered by WPeMatico
Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide
On February 28, Gocrypto CEO Dejan Roljic revealed the payment gateway has officially onboarded 1,000 merchant locations during a recent company update that expanded upon the firm’s growth. Roljic also explained Gocrypto now has several locations in five countries and the company recently started expanding into South America in November 2019. The Latin American expansion … Read more
Crypto Contributes to Money Laundering Problems in Latin America, Report
Crypto exchanges in Latin America attract money launderers due to “extremely lax” AML and KYC regulations, a new report says Go to Source Powered by WPeMatico
The State of Blockchain: Experts Weigh in on Adoption Around the World
Despite challenges, experts are bullish on blockchain’s prospects around the world: “Once people truly understand its vast potential, I believe wide-scale adoption of blockchain will occur” Go to Source Powered by WPeMatico
BCH Latam: Creating a Viral Feedback Loop for Mass Adoption With Bitcoin Cash
This week news.Bitcoin.com spoke with George Donnelly from the BCH Latam initiative about his plan to help the people of Latin America “achieve greater individual liberty and prosperity.” Donnelly explained the BCH Latam initiative aims to generate greater financial inclusion through mass adoption systems and the organization’s gamified adoption app will help with this goal. … Read more
Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies
In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. Also read: Russians Can Use Qiwi, Sberbank, Yandex Money … Read more
Exclusive: Chinese Group Looking to Buy One of Latin America’s Largest Bitcoin Mines
A Chinese group is in talks to buy CoinPY, one of the leading Bitcoin mining firms in Latin America Go to Source Powered by WPeMatico