The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country.
Powered by WPeMatico
Auto Added by WPeMatico
The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country.
Powered by WPeMatico
On Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community.
Powered by WPeMatico
El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society.
Powered by WPeMatico
“More than 70% of the adult population of El Salvador does not have a bank account,” reads the latest Global Research report from Bank of America. “For that reason, democratizing access to electronic payments, through Bitcoin, has a progressive touch.”
Powered by WPeMatico
El Salvador’s decision to accept Bitcoin as legal tender in June appears to be influencing lawmakers across the region to begin exploring their own cryptocurrency strategy. Paraguay is next in line to introduce new crypto-focused legislation.
Powered by WPeMatico
The proposal may help Argentinians in the export business avoid heavy taxes from foreign currency payments.
Powered by WPeMatico
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.
Powered by WPeMatico
GoldConnect will be able to process crypto transactions made in Bitcoin, Ether and other digital assets through its new LatamConnect platform.
Powered by WPeMatico
While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it’s ho-hum.
Powered by WPeMatico
Airtm is aiming to solve a myriad of financial challenges in Latin America tied to last-mile remittance, affordability and equitable access to the global banking system.
Powered by WPeMatico