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Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.Announced Wednesday, Mexico City-based Bitso’s Series B also heralded the first investment in crypto by renowned fintech VC firms QED Investors and Kaszek Ventures, which led the fundraise.

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Fiat-to-Crypto Partnerships Expand Abra’s Footprint to 150+ Countries

Abra is expanding its cryptocurrency marketplace to dozens more countries through partnerships with four fiat-to-crypto gateways.The Silicon Valley-based crypto banking services firm is now available in over 150 countries (previously it only served about 40) stemming from deals with Simplex, Moonpay, Banxa and Transak.In an email to CryptoX, Abra CEO

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Kadena Partners With Stablecoin-Maker Terra in Bid to Expand Its DeFi Offering

Hybrid blockchain platform Kadena is teaming up with stablecoin maker Terra with the aim of expanding its decentralized finance (DeFi) platform. Announced on Tuesday, Kadena said that it will add Terra’s Luna stablecoin to its decentralized exchange Kadenaswap, which was announced earlier in September and is expected to roll out at

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Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Peer-to-peer crypto marketplace Paxful said it’s partnering with BiLira, the group behind the Turkish lira-backed stablecoin bilira (TYRB), and crypto trading platform Cointral as part of a push to trade cryptocurrencies in Eastern Europe. Paxful said the move follows strong growth in trading registrations by Turkish users over the past year. Both

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British fintech to expand banking services to Indian crypto customers

The London-based online banking platform Cashaa is planning to launch a crypto-friendly neobank — or internet bank — in India. Kuman Gaurav, the founder of Cashaa, told Cryptox that Cashaa India will allow Indian businesses and individuals to open a savings account with them and buy, store and save cryptocurrencies just

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Bitcoin in Africa: FastBitcoins Partners With Flexepin to Expand Global Footprint

FastBitcoins has partnered with prepaid voucher giant Flexepin to increase its global footprint, while at the same time accessing mobile money providers in 14 countries in Africa, where demand for crypto is growing.Announced Thursday, the deal with Flexepin (a subsidiary of ASX-listed payments company Novatti) expands FastBitcoins’ coverage to some

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