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Category: Mexico
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Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing in Latam, stating that use is expected to grow for remittances and payments in the future. Sam Bankman-Fried Talks Crypto in Latam Latam is one […]
Mercado Bitcoin plans to expand to Mexico
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country.
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Crypto Exchange Bitso Launches Remittance Service in Colombia
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle. Bitso Expand Remittances Program to […]
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Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been against the introduction of bitcoin into […]
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Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy for the company, […]
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Mexican Crypto Exchange Bitso Launches Stable Yield Program
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on the quantities deposited by users, and it is designed to help […]
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Bitcoin ATM installed in Mexico’s Senate Building
Senator and outspoken crypto proponent Indira Kempis shared her excitement at the development on Twitter, stating that “for freedom, inclusion and financial education in Mexico.”
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Making Bitcoin legal tender is Mexico will be ‘an uphill battle,’ says Ricardo Salinas
Delivery App Rappi Launches Pilot Project to Accept Crypto Payments in Mexico
Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only be available for users of these services […]
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Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
Bitcoin is already legal tender in Roatán, Honduras and Madeira, Portugal. Now a Mexican Senator wants to make it so in her country as well.
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