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Guide Highlights Patchwork of Crypto Tax Laws in Latin America

Research from Latin American crypto exchange Buda has highlighted a patchwork of laws, confused regulations and unusual concepts governing crypto taxation in the region.Buda has provided a series of tax guidelines outlining measures crypto traders should take into consideration when looking to comply with the authorities in Chile, Colombia, Peru,

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ChromaWay Expands Effort to Put Latin American Land Records on the Blockchain

Swedish startup ChromaWay is expanding a project aimed to make land ownership more transparent by putting records on a blockchain.With the launch of its LAC PropertyChain initiative, announced on Tuesday, the company hopes to strengthen blockchain standards, governance and protocols for land transactions in Bolivia, Peru and Paraguay.The initiative complements

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Binance P2P Adds Five New Fiat Currencies in Latin America

Cryptocurrency exchange Binance has rolled out peer-to-peer (P2P) crypto trading with five new Latin American fiat currencies. Users of the Binance P2P trading platform can now buy and sell cryptocurrency directly with Brazilian real (BRL), Argentine peso (ARS), Colombian peso (COP), Mexican peso (MXN) and Peruvian sol (PEN).Supported cryptocurrencies include

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Crypto Contributes to Money Laundering Problems in Latin America, Report

Amid a major economic downturn, countries in Latin America (LATAM) are increasingly suffering from money laundering through cryptocurrencies, a new report says.Cryptocurrencies like Bitcoin (BTC) have become a major tool of organized crime groups and hackers in LATAM countries, according to a Feb. 27 report issued by threat intelligence

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Former JPMorgan Exec Joins Binance as Latin American, European Director

Former Huobi counsel and regional director Josh Goodbody is shifting to a similar role at Binance, one of the world's largest crypto exchanges by trading volume.Goodbody comes aboard as the exchange's new director of European and Latin American Growth and Institutional Business, Binance announced Thursday. He was most recently head

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Major Latin American Development Bank Pilots Blockchain for Land Registry

The Inter-American Development Bank (IADB) is implementing three different blockchain pilot projects to test if blockchain technology is able to solve some of the problems of land titling and registries.On Oct. 28, blockchain startup ChromaWay reported that it is collaborating with IADB on a two-year project in Bolivia, Peru

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ESET Flags New Latin American Banking Trojan That Targets Crypto

Major Slovakia-based antivirus software provider ESET has discovered a banking trojan that can steal cryptocurrencies and is especially widespread in Latin America.Primary targetsKnown as “Casbaneiro” or “Metamorfo,” the newly found malware family targets banks and cryptocurrency services located in Brazil and Mexico, ESET’s editorial arm WeLiveSecurity reports Oct. 3.According

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