# Mass adoption looms as South America’s second-largest company accepts crypto payments

# Mass adoption looms as South America’s second-largest company accepts crypto payments

“# Mass adoption looms as South America’s second-largest company accepts crypto payments ” On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system.  The $81 billion retailer is the…

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# PayPal crypto partner Paxos raises 0M

# PayPal crypto partner Paxos raises $300M

“# PayPal crypto partner Paxos raises $300M ” Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank. On Thursday, the firm announced a new $300-million Series D funding round bringing Paxos’ valuation to $2.4 billion. The new funding round…

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# Beijing investigates crypto mining farms to improve energy efficiency

# Beijing investigates crypto mining farms to improve energy efficiency

“# Beijing investigates crypto mining farms to improve energy efficiency ” Beijing authorities are reportedly conducting inspections of crypto mining data centers to better understand their impact on energy consumption, Reuters reports Thursday. The Beijing Municipal Bureau of Economy and Information Technology on Tuesday sent an emergency notice to the city’s data center operators asking…

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