Latin America

Report Finds Argentineans Are Becoming Increasingly Interested in Bitcoin, Ethereum and Stablecoins

<div class=”featured_image_container”> </div> <strong>Over a million Argentineans have been buying cryptocurrencies in the last few months, and a pattern has been spotted among them in terms of preferences. A local media outlet unveiled that most of them are decanted to acquire bitcoin and stablecoins.</strong> Argentineans Like to Invest in DAI, USDC, and USDT According to …

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E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury

<div class=”featured_image_container”> </div> <strong>Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets.</strong> Mercadolibre Holds Bitcoin on Balance Sheet Mercadolibre Inc. …

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Customers From Latin American E-Commerce Giant Mercado Libre Can Buy Real Estate With Bitcoin

<div class=”featured_image_container”> </div> <strong>The biggest e-commerce store in Latin America is the latest major company in the region to join the crypto adoption movement. Mercado Libre is now allowing its customers to buy a selected number of properties from real estate agencies with bitcoin.</strong> Properties Listed Don’t Offer Alternative Payment Methods Aside From Bitcoin According …

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Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF

<div class=”featured_image_container”> </div> <strong>Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did.</strong> New Launch Date Set for April 26 According to a letter sent …

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Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’

<div class=”featured_image_container”> </div> <strong>The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.”</strong> No Decision Has Been Made on Whether …

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Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents

<div class=”featured_image_container”> </div> <strong>The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation.</strong> Rigs …

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Armed Criminals Who Posed as Bitcoin Buyers Stole Over $5K From a 26-Year-Old Man in Argentina

<div class=”featured_image_container”> </div> <strong>In-person crypto robberies are becoming a global issue lately for the authorities, and this time, Argentina is the place of the latest case reported. In Mendoza, an unnamed man was assaulted by two criminals who posed as bitcoin buyers.</strong> Identities of the Robbers Are Still Unknown According to Mendo Voz, the 26-years-old …

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Colombian Cryptocurrency Project Kmuschicoin Gains Popularity as Adoption on Local Stores Grows

<div class=”featured_image_container”> </div> <strong>A Colombian entrepreneur has joined forces with a Venezuelan teenager to launch a cryptocurrency in Boyacá, Colombia. The region is now known in the local crypto industry as the home of the most popular emerging local crypto in the country.</strong> Over 5,000 People From Other Countries Currently Hold The “Bitcoin Boyacense” Kmuschicoin, …

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Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata

<div class=”featured_image_container”> </div> <strong>The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run the operations of the mining firm in the Argentinean city.</strong> Firm Will Mine Ethereum During the First Stage Per local newspaper La Capital, …

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Mexican Companies Are Willing to Join the Bitcoin Bandwagon in the Wake of Tesla’s Investment, Says Expert

<div class=”featured_image_container”> </div> <strong>Bitcoin-buying frenzy among major companies could hit Mexican firms soon, as interest keeps increasing across the country. An expert is expecting that local businesses will follow the same path as mainstream U.S.-based companies such as Tesla.</strong> Current Bitcoin Performance Could Make Companies Rethink Their Business Models During an interview with El Economista, …

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