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Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating – Bitcoin News

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech companies from using crypto, and Fitch improves El Salvador’s

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Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair

Crypto-friendly Hong Kong is still gung-ho about giving its citizens access to crypto trading despite other jurisdictions “taking a step back,” claims the chair of the FinTech Association of Hong Kong (FTAHK).Speaking to Cointelegraph at the Hong Kong WOW Summit in March, FTAHK chair Neil Tan said while Singapore and

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Revolut not happy with how fintech deals with audit red flags: Report

Crypto-friendly fintech Revolut is reportedly having some issues related to its recently released annual report for the year ending December 2021.Revolut, a British-Lithuanian neobank that allows customers to buy and sell crypto, reported its first-ever full year of profit on March 1, 2023. The firm said it generated a revenue

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Mastercard Partners Australian Fintech Stables to Enable Stablecoin Payment

The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week. American multinational financial services firm Mastercard Inc (NYSE: MA) has entered

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Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank – Fintech Bitcoin News

Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses make it possible for

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Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business – Fintech Bitcoin News

One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had insignificant exposure to both SVB and Signature Bank. Chipper Cash ‘Never

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CBDCs could provide smooth cross-border payments: Tel Aviv FinTech Week

At Tel Aviv FinTech Week 2023, Yoav Soffer, the advisor to the deputy governor at the Bank of Israel, touched on the topic of central bank digital currencies (CBDCs) as an efficient cross-border payment option.The talk comes after the Bank for International Settlements (BIS) concluded its research on international retail

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B2BinPay’s New Partnership With the Athletic Club Is a Triumph for Both Sports and FinTech – Press release Bitcoin News

press release PRESS RELEASE. B2BinPay has unveiled that they are now an official sponsor of Athletic Club, one of Spain’s most renowned football teams! This momentous collaboration will begin on February 14th and continue until the 2023/2024 La Liga season. On top of the B2BinPay logo featuring prominently in all official

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