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Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil

Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil

Published on march 16, 2022

The company will seek to strengthen its presence in the Latin American country and comply with local regulations, according to Changpeng “CZ” Zhao.

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Argentinian Exchange Lemon Cash Expands to Brazil Amid Crypto Boom

Argentinian Exchange Lemon Cash Expands to Brazil Amid Crypto Boom

Published on march 16, 2022

The company plans to hire 60 employees in Brazil by the end of 2022.

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You Would Understand Bitcoin if You Were Under Cuba’s Embargo

You Would Understand Bitcoin if You Were Under Cuba’s Embargo

Published on march 8, 2022

More than 60 banks and fintechs rejected me just for my nationality. Bitcoin fixes that.

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Venezuela Pegs Minimum Wages to National Cryptocurrency: Report

Venezuela Pegs Minimum Wages to National Cryptocurrency: Report

Published on march 4, 2022

The venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC.

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Central Bank of Brazil Selects Partners to Assist With CBDC

Central Bank of Brazil Selects Partners to Assist With CBDC

Published on march 3, 2022

The initiative seeks to evaluate use cases for a Digital Real and its technological feasibility, according to Brazil’s monetary authority.

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Bipartisan Senate Proposal Raises Alarm Over El Salvador's Bitcoin Adoption

Bipartisan Senate Proposal Raises Alarm Over El Salvador's Bitcoin Adoption

Published on february 16, 2022

Republican Senator Jim Risch and Democrat Bob Menendez today introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act.

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Crypto VC Investments in Latin America Grew Almost Tenfold in 2021 to $653M

Crypto VC Investments in Latin America Grew Almost Tenfold in 2021 to $653M

Published on february 16, 2022

Consumer-facing crypto exchanges and retail trading platforms received the majority of funding, according to the Association for Private Capital Investment in Latin America.

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Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions

Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions

Published on february 15, 2022

The share purchase was made in the last quarter of 2021, according to a SEC filing.

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Coinbase Enables Mexican Users to Easily Cash Out of Crypto Sent to Them

Coinbase Enables Mexican Users to Easily Cash Out of Crypto Sent to Them

Published on february 15, 2022

Users in the Latin American country will be able to save on fees by converting crypto sent to them into Mexican pesos at more than 37,000 physical stores.

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Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue

Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue

Published on february 9, 2022

Concerns over ability to service debt, concentration of power in the presidency, and adoption of bitcoin as legal tender drove the downgrade.

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