Latin America

Building Blockchains Secretly in South America

Blockchain could bring technological revolution in Latin America said Mario Blacutt, NULS core developer and Nerve Network founder, in an exclusive interview with Cointelegraph. Blacutt revealed his thoughts on the region’s blockchain environment and the hurdles he faced after former Bolivian President Evo Morales banned cryptocurrencies in 2014. Blacutt, who recently revealed his real name …

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Virtual Panda BTM Launched for Colombian Residents: Dispenses BTC, BCH, DAI, and Dash

The CEO of Panda Group and the founder of Colombia’s Panda Exchange and physical Panda BTM terminals, Arley Lozano, recently revealed a new product called app.pandabtm.io. The new service is a virtual automated teller machine that dispenses four types of cryptocurrencies; bitcoin cash (BCH), bitcoin (BTC), DAI, and dash (DASH). The latest effort from Panda …

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P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise

During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela, Argentina, Chile, Brazil, and Mexico have seen significant bitcoin trade volumes. …

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Ledn Launches USDC Stablecoin Savings Accounts With Focus on Latin America

The crypto loan startup Ledn, which primarily serves users in Latin America, is now offering USDC stablecoin savings accounts through a partnership with the lending and trading conglomerate Genesis. (Disclosure: Genesis is owned by CoinDesk’s parent company, Digital Currency Group.) Genesis VP of Originations Matt Ballensweig said in a statement his company believes this will …

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Guide Highlights Patchwork of Crypto Tax Laws in Latin America

Research from Latin American crypto exchange Buda has highlighted a patchwork of laws, confused regulations and unusual concepts governing crypto taxation in the region. Buda has provided a series of tax guidelines outlining measures crypto traders should take into consideration when looking to comply with the authorities in Chile, Colombia, Peru, and Argentina. In various …

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Latin American Markets Post Record P2P Volume in April

Amid declining global volume, Localbitcoins.com continues to comprise a hub for Latin American peer-to-peer (P2P) trade — with Argentina, Chile, and Venezuela posting record volume over recent weeks according to Coin.dance. This past week saw Localbitcoins trade between Bitcoin (BTC) and the Mexican peso spike by 71%. As such, the week of April 25 saw …

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