Half of Latin Americans Have Used Cryptocurrencies, Mastercard Survey Shows
Fifty-one percent of consumers in Latin America made at least one transaction with cryptocurrencies. Original Source
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Why Latin American Crypto Exchanges Are Doubling Down on Yield Products
In April, Bitso, the leading Latin American crypto exchange, launched an earnings yield feature with 15% rates on the USDC, USDP and BUSD stablecoins and up to 6% on bitcoin. The service is available for the company’s 4 million users in the four countries where it operates, Mexico, Brazil, Argentina
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Huobi Expands its Latin America Footprint By Acquiring the Bitex Crypto Exchange
Quick take: Huobi Global has announced the acquisition of Bitex to expand its presence in the Latin America region that continues to embrace crypto. Bitex, founded in 2014, is one of the first regional crypto exchanges in Latin America, providing services in Argentina, Chile, Paraguay, and Uruguay. Huobi will integrate Bitex operations into
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Tether Seems to Have Found a New Home in Latin America With Mexican Peso-Pegged Stablecoin
One of the key features of cryptocurrency is the ease of cross-border payment. Tether seems to have taken this concept a step further in order to explore the multibillion-dollar remittance market in Latin America by creating a Mexican Peso-pegged stablecoin. Tether announced on Thursday that it has added Mexico to its
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Huobi Global Acquires Latin American Crypto Exchange Bitex – Bitcoin News
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most active
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Huobi Acquires Latin American Crypto Exchange Bitex
The Chinese crypto exchange is seeking to expand in Latin America, but Bitex will continue to operate under the same name and with its current management team. Source
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Top Latin American Crypto Exchange Bitso Lays Off 80 Employees
Bitso has more than four million users in Mexico, Argentina, Colombia and Brazil. The company told CoinDesk in January that it’s aiming to become the largest exchange in Brazil before the end of 2022. In Brazil, Bitso competes with local crypto exchange Mercado Bitcoin, the leader with more than four
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Tether Enters Latin America With Mexican Peso-Pegged Stablecoin
Tether isn’t the first to notice the Mexican remittance phenomenon, which previously caught the attention of large crypto players like Coinbase, Bitso, and Circle. Earlier this year, Coinbase (COIN) launched a cash-out service to convert local pesos to crypto at more than 37,000 physical retail outlets and convenience stores across
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Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank's customers to buy, sell and store cryptocurrencies directly through Nubank.Along with the launch of the new cryptocurrency transaction services, Nubank announced it will allocate roughly 1% of its net
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Dubai-based Bybit Makes Move into Latin America With Launch of Brazil Operation
Brazil is seen as a big prize, with a number of crypto exchanges eyeing the country in 2022. Original Source
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