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Leading Latin America Investment Bank Joins Distributed Ledger Group

Leading Latin America investment bank BTG Pactual joined the organizing committee of the Post-Trade Distributed Ledger (PTDL) Group.Alliance for blockchain useIndustry news outlet LedgerInsights reported on Aug. 15 that Brazil-based bank BTG Pactual joined PTDL Group’s organizing committee. PTDL Group reportedly provides a platform allowing market participants to share

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Bitex Partners With Bantotal For More Cross-Border Payments in Latin America

Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America.CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that

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Bitcoin Cross-Border Payments Now Available in 60 Latin American Banks

Bantotal, a core banking service provider, is working closely with Bitex crypto exchange to facilitate cross-border payments using the Bitcoin blockchain targeting at least 60 Latin American banks.The nascent industries of blockchain and cryptocurrencies are gradually attracting institutional investors. Reports reveal that a leading Latin American bank technology provider is

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Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos

Latin America’s biggest investment bank, BTG Pactual, plans to shift its security token offerings (STOs), a pipeline of over $1 billion in sales, onto the Tezos blockchain. The announcement appeared in a joint press release published on Tezos Foundation’s website on July 3.The new initiative is a collaboration between

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Ripple Launches Office in Brazil, Targets Further Expansion Across Latin America

Ripple, the firm behind third-biggest crypto by market cap XRP, has launched a Brazilian office with the aim to expand across Latin America, Cointelegraph Brazil reports on June 10.According to the report, the official announcement will be made at CIAB Febraban, a major fintech and banking event that will

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Bitcoin Trading Volume Skyrockets in Latin America, Value Hits ATH in Argentina

Weekly peer-to-peer trading volume in the Latin American bitcoin market has been rising steeply, according to data provided by LocalBitcoins.com.The over-the-counter bitcoin trading portal found that Argentina, Chile, Mexico, Columbia, Peru, and Venezuela are posting more offline trading activity than that reported on the global average scale. Measured against their

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Coinbase Extends Crypto-to-Crypto Trading Services To 11 More Countries across Latin America and Southeast Asia

With direct trading between cryptos becoming more popular than fiat-to-crypto trading, Coinbase expanded its crypto-to-crypto trading service to 11 more countries across Latin America and Southeast Asia. The U.S-based cryptocurrency exchange now added Argentina, Colombia, Chile, Hong Kong, India, Indonesia, Mexico, New Zealand, the Philippines, Peru, and South Korea to the

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Major Latin American E-Commerce Company Bans Cryptocurrency-Related Ads

The largest e-commerce company in Latin America, Mercado Livre, has banned cryptocurrency advertising on their website, Cointelegraph em Português reported on March 18.The development was revealed in an exclusive interview with Cointelegraph em Português after the company’s users reported receiving of emails informing them about the change in Mercado

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