Crypto adoption in Argentina soars amid 276% inflation spike

Argentina has emerged as the top market by numbers of visitors on Binance, one of the worlds largest crypto exchanges.

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Biden vetoes House and Senate votes on SECs anti-crypto resolution: Law Decoded

United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121.

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Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks

The change in regulatory stance marks the end of a ban on crypto use in the country in place since 2014.

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Crypto Biz: Jump Crypto exec steps down, first MiCA deadline looms, and more

This weeks Crypto Biz explores the departure of Jump Cryptos CEO, Animoca Brands return to public markets, the corporate dispute between Riot and Bitfarms, and other news.

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Leading Colombian bank launches crypto exchange and peso stablecoin

The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research.

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Ripple (XRP): Latin America Shifts Towards Crypto Amidst Cash Ditch

Latin America embraces digital payments, with a notable shift towards cryptocurrency due to post-COVID comfort with online experiences and unsettling inflationary issues. (Read More)

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Brazil leads LATAM crypto trading with $6B volume in 2024

Brazil recorded a 30% increase in crypto trading volume in the first months of 2024, outpacing USD weekly trading volume since mid-January.

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Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion

This week’s Crypto Biz looks at the story behind Binance’s debanking in Australia, Bitcoin miners preparing for the next halving, and Bitfinex’s expansion in Latin America.

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Latin America’s Largest E-Commerce Platform To Enable Bitcoin Trading In Chile

MercadoLibre has enabled bitcoin and cryptocurrency trading on its Mercado Pago wallet for Chilean users.

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Bitfinex Strives For Financial Inclusion With Its New P2P Feature In Latin America

Bitfinex has rolled out a peer-to-peer exchange servicing clients focusing on Argentina, Venezuela, and Colombia. The launch is aimed at boosting financial freedom and inclusion, the firm said in a statement. “By offering a reliable and efficient platform for P2P token trading, we are empowering our customers to engage with the marketplace in a way […]

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Paxos and MercadoLibre partner up to bring USDP to Mexico

The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users.

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Bitfinex launches P2P platform in Venezuela, Argentina and Colombia

Bitfinex P2P will support buying and selling of Bitcoin, Ethereum and Tether tokens USDt and EURt. The company is looking to bolster financial freedom and inclusion across Latin America. Bitfinex completed an investment in Chile-based crypto bank OrionX in May. Bitfinex, one of the leading digital asset trading platforms, is making further inroads in Latin […]

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Visa, Microsoft and others join Brazilian CBDC pilot

Both national and global companies will participate in the upcoming pilot project of the Brazilian central bank digital currency.

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Venezuela shuts down crypto mining facilities, exchanges amid corruption probe

Venezuela’s energy supplier has shut down crypto mining facilities throughout the country as part of a reorganization of the national crypto department and ongoing corruption investigations involving the country’s oil company. According to local media reports, crypto mining companies, and tweets from Venezuela’s National Association of Cryptocurrencies, mining facilities were shut down in the past [...]

The post Venezuela shuts down crypto mining facilities, exchanges amid corruption probe appeared first on Crypto Breaking News.

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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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El Salvador Begins Bitcoin Lightning University Program

The inaugural Plan B Fellowship diploma will be dished out to the brightest young minds of El Salvador.

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Bitcoin Dump Incoming? U.S. Government Moves $1B of Seized BTC

The U.S. government-associated wallets sent almost 10,000 bitcoins to Coinbase.

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Brazil’s ‘Digital Real’ CBDC Could Make TradFi History

Brazil’s central bank announced a pilot project for the country’s digital currency.

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Brazil to Host First-Ever Bitcoin Beach Carnival

Inaugural Bitcoin Beach Carnival in Brazil aims to educate people about crypto in a fun way, surrounded by beautiful nature.

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El Salvador Opens Bitcoin Embassy in Texas to Boost Adoption

El Salvador shakes hands with Texas as the International Monetary Fund gives its blessing.

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