OKX launches crypto exchange, wallet services in Brazil

Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform. On Nov. 27, the company said it is focusing on providing a gateway to decentralized finance (DeFi) and c ...

Brazil’s crypto regulatory environment is driving competitiveness — CEO of Coinext

Cryptocurrency may be "out of fashion", but it still draws new users to Web3 every day, in particular in emerging markets such as Brazil, according to Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext. During the Web Summit in Lisbon, Ribeiro discussed with Cointelegraph ...

Bitcoin-friendly El Salvador can become the ‘Singapore of the Americas’: VanEck advisor

El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to  Gabor Gurbacs, strategy advisor of investment management firm VanEck.“I say often to portfolio managers and asset allocators that El Salvador has the potential to become th ...

El Salvador to introduce Bitcoin education in schools by 2024

The Ministry of Education of El Salvador and the non-profit, non-governmental organization Mi Primer Bitcoin/My First Bitcoin (MPB/MFB) partnered to add Bitcoin (BTC) education to public school curriculum by 2024. John Dennehy, the founder of MPB confirmed to Cointelegraph that this ...

Binance launches crypto-to-bank account payment product in Latin America

Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution for the region.On Aug. 30, Binance said it's working with licensed transfer processing providers for its new “Send Cash” product that all ...

Binance receives licenses to offer crypto services in El Salvador

Global cryptocurrency exchange Binance has reported being granted licensing to provide services to residents of El Salvador.In an Aug. 8 announcement, Binance said El Salvador’s Central Reserve Bank had approved the exchange’s application for a Bitcoin Services Provider license ...

First Bitcoin futures contract debuts in Argentina

Argentina welcomed its first Bitcoin futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda.According to Matba Rofex, the trading platform behind the investment vehicle, it is t ...

How Argentina’s inflation is helping altcoins and the crypto market

On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that people continue to work and consume (somehow) even if their local currency loses its value.What is the lesson here? For starters, e ...

Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion

June was a tough month for Binance, as it faced stress tests worldwide after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange and its leadership.In a nutshell, over the past 30 days, the Belgian financial regulator ordered Binance to ce ...

Latam crypto holders flock to Bitget following Binance, Coinbase suits

Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase.As compared to daily averages, new users in the region increased by 43% from June 6 to 9, with Brazil and Argentina leading ...

Brazil’s crypto exchange Mercado Bitcoin licensed as payment provider: Report

Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil's central bank on June 2, according to local media reports. With the license, the company will launch its fintech solution MB Pay."The approval of the Central Bank is a crucial step, as it allows us ...

Azteco: Simplifying BTC Purchases for the Unbanked Population in Latin America

It's a startup for offline BTC purchases It's very popular in Latin America The company has raised $6 million in investment in a new round A former Twitter director (and current Block head) Jack Dorsey has led a funding round for startup Azteco. This ...

Apple Approves Axie Infinity NFT Game for App Store in Latin America and Southeast Asia

Apple has allowed the developer of the popular NFT game Axie Infinity Sky Mavis to put it on the App Store for Latin America and Southeast Asia. "The game has passed Apple's review and is now available! This is the first time Apple has agreed to make an NF ...

Revolut Explores Latin American Market with Cryptocurrency Products for Investors

Neobank promises to create an "economy without borders" here And is preparing products for investors to do so British fintech startup Revolut is starting to explore the Latin American market. Their first country in the region was Brazil. Revolut opens a divisi ...

Latin Americans More Confident in Cryptocurrencies as Legal Tender than Americans, Survey Finds

Morning Consult recently conducted a survey among 2,200 US residents and 1,000 citizens from four Latin American countries, including Argentina, Chile, Colombia, and Mexico, to gauge their opinions on the future of cryptocurrencies. The results were surprising, as the majority of Latin Americans ...

Mercado Libre Launches Cryptocurrency Trading for Chilean Users

Mercado Libre, the biggest e-commerce giant in Latin America, is set to launch a new service for its users in Chile, which will allow them to trade cryptocurrencies through the MercadoPago wallet app. The move is aimed at providing greater accessibility to the Chilean cryptocurrency market, espec ...