Pesos – DIGIT INFO

Philippines begins Peso-backed stablecoin sandbox testing

DIGIT — Mon, 13 May 2024 08:36:15 +0000

The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications.

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Bitcoin price hits new record high in Argentina

DIGIT — Tue, 25 Apr 2023 15:01:35 +0000

Argentina’s pesos have crashed 99% versus the U.S. dollar since the beginning of the currency crisis in 2018.

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Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

DIGIT — Wed, 06 Jul 2022 04:30:48 +0000

Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that prompted the price of stablecoins in the country to rise by […]

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Coinbase to Allow Remittance Receivers in Mexico to Cash Out in Local Currency

DIGIT — Sat, 19 Feb 2022 12:30:33 +0000

Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance business, allowing customers to cash out in more than 37,000 convenience stores and other locations in […]

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Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

DIGIT — Tue, 11 Jan 2022 08:30:59 +0000

On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos and now users can transact with bitcoin payments going forward. Belo Partners […]

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Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’

DIGIT — Sun, 13 Jun 2021 19:00:47 +0000

The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells Tourists to ‘Arrive With a Currency Other Than the […]

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Flow and Cryptomkt Enable Crypto Payments at 5000+ Stores

DIGIT — Sun, 29 Jul 2018 19:30:58 +0000

Cryptocurrency exchange Cryptomkt has partnered with Chilean payment platform Flow to allow customers to pay with three cryptocurrencies at over 5,000 stores. The announcement follows two Chilean courts ruling that banks must reopen the accounts of crypto exchanges they previously closed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 5,000+ Stores Accept Cryptocurrencies Cryptocurrency […]

The post Flow and Cryptomkt Enable Crypto Payments at 5000+ Stores appeared first on Bitcoin News.

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BCH Payment Processor Bitek Allows Colombian Merchants to Convert to Pesos

DIGIT — Fri, 25 May 2018 00:03:57 +0000

Two Bitcoin Cash (BCH) proponents, Javier Barrera and Andrés Rivera, believe the evolution of cryptocurrency will be bolstered by the BCH network so they recently developed a payment processor called Bitek.co. The company offers merchant processing with payable invoices, and accounting services as the Bitek platform provides merchants with the ability to accept BCH and […]

The post BCH Payment Processor Bitek Allows Colombian Merchants to Convert to Pesos appeared first on Bitcoin News.

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