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” Argentina’s province to issue US dollar-pegged stablecoin “ The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the “Activo Digital San Luis de Ahorro”, will be available to all citizens of the province over the age of…
“Letters to the Editor — Dec. 16, 2022” The Issue: The arrest of former FTX head Sam Bankman-Fried for alleged cryptocurrency fraud. This crypto crybaby will absolutely roll on anybody to save himself (“Hairy Plotter,” Dec. 14). It’s no surprise to me that Sam Bankman-Fried was arrested instead of having to go in front of…
” Brazil could cement its status as an economic leader thanks to 2024 CBDC move “ As of 2022, more than 30 million Brazillian citizens have no bank accounts, and no credit or debit cards. What’s wrong here? For roughly a decade, Brazil has been passing legislation aimed at changing the situation. However, the results…
“Corrupt leaders just keep going down” He who said “a fish rots from the head down” probably had Latin American presidents in mind. On the surface, the region appears democratically stable. But widespread corruption among its chief executives undermines accountability and public faith. The public often votes for reform but ends up disappointed. Sometimes, frustrated…
” Brazilian crypto industry gets regulatory clarity amid global uncertainty “ As the global crypto community is still licking its wounds from the FTX collapse, a liquidity crisis continues to spread around centralized exchanges and decentralized finance (DeFi) alike. It is soon to be decided whether the coming regulation triggered by FTX’s bankruptcy will bring…
” Remittances drive ‘uneven, but swift’ crypto adoption in Latin America “ Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report. The seventh-largest crypto market in the world saw the value of cryptocurrencies received by individuals rocket 40% between July…
” Binance opens two new offices in Brazil as team doubles since March “ Changpeng “CZ” Zhao-led crypto exchange Binance has opened up two offices in Brazil as the firm looks to tap the country’s emerging crypto market, with reportedly more than 34.5 million crypto users there. According to an Oct. 3 announcement, Binance has…
” Latin America is ready for crypto — just integrate it with their payment systems “ Thriving on exploiting users’ data, Web2 monopolies like Facebook and Google have ushered in an era of massive internet centralization in recent years. This concentration of power has enabled huge shares of communication and commerce closed platforms, giving users…
” BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022 “ BNB Chain, a blockchain network created by crypto exchange Binance, and Latin America-focused education platform Platzi announced that they will be launching a Web3 development course for the region. By the end of the year, the course aims to…
” Workers in volatile economies most likely to take pay in crypto: Report “ Residents in nations with volatile economies are more likely to receive their pay in crypto, according to global hiring platform Deel. In its “State of Global Hiring Report” shared with Cointelegraph on July 21, the firm found that despite the 2022…