LATAM News (English)

These are English-language news items related to Bitcoin and LATAM (Latin America):

Strike Launches Bitcoin Payment Services in Argentina to Kickstart Latin American Expansion

Published on january 11, 2022

The company plans to expand into Brazil and Colombia in 2022.

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Bitcoin App Strike Launches In Argentina

Published on january 11, 2022

The South American country’s citizens can now buy bitcoin, get paid in bitcoin, and send and receive money instantly with no fees.

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Spreedly Reports 100% Growth in Latin America

Published on january 11, 2022

Payments orchestration platform Spreedly says it’s seeing a lot of activity from users in Latin America. The company announced Tuesday (Jan. 11) that transaction volume on its platform from that region had grown by more than 100% year over year. “As one of the world’s fastest growing eCommerce markets, there is a strong demand for […]

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El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City

Published on january 11, 2022

The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele stated there are high chances of finding a well in the […]

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Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

Published on january 11, 2022

On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos and now users can transact with bitcoin payments going forward. Belo Partners […]

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Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president

Published on january 10, 2022

According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites.

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Uber, Delivery Hero Latam Moves Signal Competitive Battle in Bid to Build Super Apps

Published on january 10, 2022

The connected economy is a hyper-competitive battlefield — no matter where you look. In some countries and regions where super apps are gaining ground, some strategic re-positioning by platform giants gives an indication of just how competitive things are getting. To that end, March 7 looms as a red-letter day for platforms in the region. […]

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Uruguay’s First Bitcoin & BNB ATM an Instant Hit with ‘1,000 Transactions in First Hours’

Published on january 10, 2022

Uruguay’s first crypto ATM may have taken a long time to arrive – but it has proven an instant hit, with reports claiming that the machine handled over 1,000 crypto transactions within the first hours of opening to customers late last week.
Per the news agency EFE (via Hola News), the machine was officially opened on Friday last week in the southeastern town of Punta del Este, in the Maldonado Department….
Read More: Uruguay’s First Bitcoin & BNB ATM an Instant Hit with ‘1,000 Transactions in First Hours’

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El Salvador: Regulatory Regime for Bitcoin 'Volcano' Bonds As Soon As February

Published on january 9, 2022

El Salvador is apparently readying a new Bitcoin law. Samson Mow, Chief Strategy Officer of Blockstream — the crypto asset firm overseeing El Salvador’s forthcoming, billion-dollar Bitcoin bond issuance — announced it in an English-language tweet on Jan. 3, according to El Salvador.com. The new Digital Securities Law Mow referred to likely has something to […]

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CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil

Published on january 8, 2022

Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The arrest, which took place in the country’s Goiás province, was carried out by the Brazilian military police. Fake IDs, Laptops, and Credit Cards Seized Johann Steynberg, the CEO of Mirror […]

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