LATAM News (English)

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

Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process

Published on october 29, 2021

At first, Cynthia Gutierrez refused to download Chivo, the digital wallet developed by El Salvador’s government for the use of bitcoin throughout the country and released on Sept. 7. She decided to open the app on Oct. 16 after learning from fellow Salvadorans that hackers had activated wallets associated with the nine-digit numbers on their… [Read more]

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EBANX Acquires Brazilian Payment Firm Juno

Published on october 29, 2021

The Latin American payment FinTech EBANX has acquired the Brazilian eCommerce billing and banking firm Juno. As reported by Crowdfund Insider, Juno brings with it more than 35,000 small and medium company clients. The acquisition follows a $430 million Series C by EBANX in June, “as well as the acquisition of shares in the Brazilian […]

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Puerto Rico's FV Bank Readies to Launch Business Visa Card Tied to Crypto

Published on october 28, 2021

The U.S. licensed global challenger bank FV Bank announced Thursday (Oct. 28) that it will now be a Principal Member of Visa, according to a press release. FV Bank will use this to establish itself as a full-service bank, offering Visa cards and traditional banking services. However, FV Bank will also offer digital asset custody […]

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Bitcoin Back Over $60K as El Salvador Buys 420 BTC

Published on october 28, 2021

Bitcoin is bouncing back after a two-day retreat. Demand for the cryptocurrency came from El Salvador, whose bitcoin-friendly president says the Central American country bought the dip.

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El Salvador Buys More Bitcoin: 420 BTC Added to Treasury

Published on october 28, 2021

El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth more than $68 million. El Salvador’s Bitcoin Holdings Grow El Salvador has bought the dip again, taking advantage of the falling price of bitcoin on […]

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El Salvador ‘Buys the Dip’, Acquires 420 Additional Bitcoin

Published on october 28, 2021

The government of El Salvador has bought 420 more bitcoin ($25.6 million), President Nayib Bukele tweeted on Wednesday.

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El Salvador Now Owns 1120 Bitcoin As President Bukele Buys 420 More

Published on october 28, 2021

El Salvador’s President Nayib Bukele confirmed via Twitter Wednesday evening that the Latin American nation has bought the “Bitcoin price dip,” exchanging dollars for Bitcoin at a time he believes it remains undervalued by the global market.

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El Salvador buys a smokin' hot 420 more Bitcoin

Published on october 27, 2021

The recent purchase brings the Latin American nation’s stash to about 1,120BTC.

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Buoyant Bitcoin Prices Met with Silence by El Salvador’s Anti-BTC Critics

Published on october 27, 2021

As bitcoin (BTC) prices continue to hover around the USD 60,000 mark, a kind of hush has fallen over much of the El Salvador mainstream media – most of which is vehemently opposed to both President Nayib Bukele and his bitcoin adoption drive….
Read More: Buoyant Bitcoin Prices Met with Silence by El Salvador’s Anti-BTC Critics

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Latin America stands to benefit most from crypto, says Uphold exec

Published on october 27, 2021

Uphold CEO JP Thieriot said that the nature of life in Latin America begs for use cases based on Bitcoin.

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