LATAM News (English)

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

Peru Central Bank Developing a CBDC

Published on november 16, 2021

The president of Peru’s central bank said that the country is partnering with other central banks in the issuance of a domestic CBDC.

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Aplazo Raises $27M in Series A Funding for Mexico BNPL Growth

Published on november 16, 2021

Mexican omnichannel buy now, pay later (BNPL) platform Aplazo on Tuesday (Nov. 16) announced it’s raked in $27 million in Series A funding, four months after it grabbed $5.25 million in seed funding, and it plans to use the fresh capital for growth, including adding employees in several sectors. Aplazo said in the announcement it […]

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Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location

Published on november 15, 2021

A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because cryptocurrencies have been grouped with all other international […]

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Mexican FinTech Stori Grabs $200M in Series C Funding

Published on november 11, 2021

Mexican FinTech Stori on Thursday (Nov. 11) closed a $125 million oversubscribed Series C equity funding round led by venture capital firm GGV Capital and growth-stage investor GIC, paired with a debt raise to fund Stori’s credit card portfolio. General Catalyst and Goodwater Capital also contributed to Stori’s fundraising efforts, as did Mexico-based Tresalia Capital […]

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Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

Published on november 11, 2021

“Our long-term vision is to create a currency that is stronger than any fiat currency that exists now,” said Reserve community manager Yens Michiels.

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Volt Expands Open Banking to Brazil

Published on november 11, 2021

Open payments gateway Volt has expanded operations to Brazil to make way for real-time payments, currency export and foreign exchange to the Central Bank of Brazil, according to a Thursday (Nov. 11) press release. As part of the expansion, the 2-year-old company has integrated Brazil’s domestic instant payments network Pix and set up a physical […]

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Bitfarms Enters US Bitcoin Mining Market With 24 MW Hydropower Farm

Published on november 11, 2021

The bitcoin miner acquired its first property on American soil in a bid to reduce operating costs and increase margins.

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China's Whale Cloud Teams With Mexico's Toka FinTech to Develop Payment App

Published on november 10, 2021

China-based Whale Cloud, which provides telecommunications software solutions, has partnered with Toka Fintech, based in Mexico, to develop a new digital payment app with Alipay+ Digital Wallet Solution, according to a press release. Whale Cloud and Ant Group will help Toka Fintech develop the app, which will be designed specifically for the Latin America market, […]

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Latin American Proptech La Haus to Accept Bitcoin for Property Purchases

Published on november 10, 2021

The company plans to expand cryptocurrency acceptance soon to more properties in its inventory of more than 80,000 listings.

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Latin American Real Estate Market Leader Accepting Bitcoin As Payment

Published on november 10, 2021

La Haus, a prop-tech market leader there, will accept bitcoin on-chain and on Lightning for homes through OpenNode.

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