Bitfinex expands Latin America presence with investment in Chilean “crypto bank” OrionX

Bitfinex, a leading digital asset trading platform, has announced a new investment in Orionx, a top cryptocurrency exchange in Chile. A joint press release by the two firms noted that the investment is part of a broader effort to promote financial freedom and inclusion in Latin America. OrionX, founded in 2017, has also grown into …

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Bitfinex partnership pushes crypto adoption in Latin America

The digital asset platform Bitfinex announced a new partnership with a local exchange in Latin America, as a part of a larger effort to push for wider adoption in the region.  On May 24, Bitfinex revealed a new investment in one of Chile’s leading cryptocurrency exchanges OrionX. According to the announcement, the partnership between the [...]

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Chile's Central Bank Wants More Time to Study CBDCs

Chile’s apex bank, Banco Central de Chile is exploring more research options to determine whether it will issue a Central Bank Digital Currency (CBDC) or not (Read More)

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Chile’s Central Bank Postpones Decision on Its CBDC

Chile's central bank will make a decision on the launch of its digital currency (CBDC) in early 2022

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Chile Halts CBDC Plans Till End of 2022 for More Analysis

The Central Bank of Chile has postponed plans for a central bank digital currency (CBDC), claiming that the issuing of a digital Chilean peso necessitates a more thorough examination of the advantages and hazards, promising a fresh report by the end of the year. The bank released a report on May 11 that contained a […]

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Chile Joins the “FakeCoin” Campaign to Combat Crypto Scams

The campaign implemented by several Latin American and European countries aims to prevent users from being scammed.

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Report: Indonesia leads global surge in interest in crypto

Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims.

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Report: Zambian Currency Poised for First Quarterly Decline Since 2020

The Zambian kwacha, one of the best-performing currencies in 2022, is now expected to see its first quarterly decline in nearly two years. The Zambian leader Hakainde Hichilema claimed that stalled debt restructuring negotiations are adding to pressure against the local currency. Zambia’s Debt Default After ending 2022 as one of Africa’s best-performing currencies, the [...]

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