Bitso

Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round

<div class=”featured_image_container”> </div> <strong>Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep growing in its core …

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Bitso adquiere la plataforma de criptoderivados Quedex con base en Gibraltar

Bitso, un exchange enfocado en América Latina, ha adquirido Quedex, una plataforma de trading de criptoderivados con sede en Gibraltar, donde también es regulada.  A pesar de que los términos de la compra de Quedex no fueron dados a conocer, el CEO de Bitso, Daniel Vogel, dijo a CoinDesk que se trató de un buen …

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Crypto Remittances Prove Their Worth in Latin America

Western Union recently announced it would be suspending U.S. dollar transfers to Cuba, due to sanctions from the United States. This may only increase the attractiveness of sending remittances with cryptocurrencies, which are much more resistant to geopolitical tensions. According to the World Bank, Latin America’s formal remittance market is around $96 billion. But traditional …

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Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In a statement released on September 17, the regulator said the new updates are part of an ongoing effort to adapt …

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