LATAM News (English)

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

Colombian Fintech Movii Raises $15M in Series B Round

Published on october 7, 2021

Colombian fintech Movii raised $15 million in a Series B funding round to create a bitcoin purchasing service and expand other services, the company announced Wednesday. The round was co-led by payments services company Square and Hard Yaka, an investment fund founded by former Ripple Chief Risk Officer Greg Kidd. Movii said in a statement… [Read more]

[...]

Bitcoin Daily: SEC Approves ETF for Companies Holding Bitcoin; El Salvador Reports Over 3M Crypto Wallet Users

Published on october 7, 2021

The Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF) for companies holding large amounts of bitcoin, Decrypt reported. The portfolio will include Tesla, PayPal and around 28 other companies. The approval comes as the crypto world has been waiting for a pure bitcoin ETF, and the SEC has just taken a step […]

[...]

New Venezuela’s Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis

Published on october 7, 2021

In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.

[...]

El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Solutions

Published on october 7, 2021

The adoption of bitcoin as legal tender in El Salvador has forced the local financial system to adapt. Staring down these changes, Banco Hipotecario, a national commercial bank in El Salvador, has started working with four companies that will develop blockchain solutions they say will increase financial inclusion for the bank’s customers. The bank started… [Read more]

[...]

BitMEX Boss: El Salvador-style Bitcoin Adoption on the Cards for 5 More Nations

Published on october 7, 2021

oin (BTC) legal tender status. Höptner claimed that “at least five countries” will “accept bitcoin as legal tender” before next year is out.In a blog post, the CEO

[...]

i2c, Bancrédito Join Forces to Debut Amex Black Card for Puerto Rico

Published on october 6, 2021

Digital payment and banking provider i2c has joined forces with Puerto Rico’s Bancrédito International Bank & Trust Corporation to launch a new American Express Black Card in Puerto Rico, according to a Wednesday (Oct. 6) press release. The Bancrédito Black American Express Card features interactive voice response technology in English and Spanish, powered by i2c. The card also offers contactless […]

[...]

Mexican Stock Exchange Is Considering Listing Crypto Futures, CEO Says

Published on october 6, 2021

The investments would be traded on the exchange’s subsidiary, the Mexican Derivatives Exchange.

[...]

Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation

Published on october 6, 2021

The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry. Also, some modifications to current laws could be […]

[...]

Brazilian Congress to Consider Bill Regulating Crypto Exchanges

Published on october 5, 2021

Brazil’s congress will discuss a bill that regulates companies operating in the cryptocurrency sector and increases penalties for crypto pyramid schemes and other illegal activities. A special commission of the Brazilian House of Representatives already approved the bill presented on Sept. 29. If approved by the plenary, the legislation, which was introduced by federal deputy… [Read more]

[...]

Previewing The LABitConf And Adopting Bitcoin Events In El Salvador

Published on october 5, 2021

Organizers of two fantastic Bitcoin conferences coming to El Salvador this quarter described their upcoming events.

[...]