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“# Major Brazilian crypto asset manager secures $26M in funding ” Hashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in a new funding round from investors. According to Bloomberg on Wednesday, venture capital firm Valor Capital Group led the…
“# Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange ” Mexican cryptocurrency exchange Bitso has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry. The latest investment round gives Bitso a total value of $2.2 billion, making it the first Latin American cryptocurrency exchange…
“#Latin America looks to space, despite limitations on ground” MEXICO CITY — Mars missions, astronauts coming and going at the International Space Station, China’s increasingly ambitious space program. Space-related news is flowing, and not just from the world’s richest, biggest nations. Take Latin America. On Feb. 17, the congress in Nicaragua, one of the region’s poorest, most conflict-prone nations, approved…
“# Citi and IADB complete cross-border payment pilot with blockchain tech ” Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB. According to a Thursday announcement, Citigroup’s Citi Innovation Labs and the IADB enabled several disbursements from the United States to a recipient…
“# Brazilian Stock Exchange approves two new crypto ETFs in Latin America ” The Brazilian Securities and Exchange Commission, or CVM, approved two cryptocurrency ETFs this week — one 100% Bitcoin and the other composed of five cryptocurrencies, in addition to Bitcoin (BTC). For QR Asset Management, manager of the Bitcoin-only ETF, the product could accelerate…
“#Medical oxygen scarce in Africa, Latin America amid virus” DAKAR, Senegal — A crisis over the supply of medical oxygen for coronavirus patients has struck nations in Africa and Latin America, where warnings went unheeded at the start of the pandemic and doctors say the shortage has led to unnecessary deaths. It takes about 12…
“# Tokenized agriculture could provide economic relief to Argentine farmers ” Argentina’s brittle economy — stricken by endemic problems that have only worsened amid the COVID-19 pandemic — has sparked rising unrest in the country’s agricultural sector. Earlier this month, representatives of the bulk of national producers rejected President Alberto Fernandez’s government’s decision to suspend all exports…
“# Brazil’s top exchange announces international expansion after raising $38M ” Brazil’s largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across Latin America. Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the “regulatory culture” in those countries to Brazil’s. According to Useful…
“#Woman dubbed as “Owl Killer” assassinated in Latin America” A woman who posted a video of herself beheading an owl on social media was reportedly shot and killed Sunday by two assailants outside her home in Colombia. Mileydis Aldana, who the internet dubbed “Owl Killer” after she posted the gruesome clip, was killed Sunday when…
“# WTO blockchain report says customs remains ‘weak link’ of trade digitalization ” The World Trade Organization and Trade Finance Global have published their latest taxonomy of blockchain projects in international trade, arranged into what they present as a “periodic table” for the industry. The original rendition of the periodic table was published in winter…