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Latin American Delivery Unicorn Rappi Launches Crypto Payments Pilot

The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform.

Conductor de Rappi en Playa Del Carmen, México (Artur Widak/NurPhoto via Getty Images).

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Venture capital: las inversiones en cripto en América Latina alcanzaron los $653 millones en 2021

El monto fue casi diez veces superior al registrado en 2020, según la Asociación de Inversión de Capital Privado en América Latina.

Latin America (Leon Overwheel/Unsplash)

Finanzen

Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges

A cocktail of inflation and devaluation is generating a crypto boom that players such as Binance, Coinbase and Crypto.com do not want to waste.

Brazilian flag (Shutterstock)

Finanzen

Latin American Crypto Exchange Bitso to Sponsor São Paulo Football Club

The three-year partnership with the team will enable fans to purchase tickets and merchandise with cryptocurrencies.

Hernanes #15 (center) of Sao Paulo celebrates with his teammates after scoring a goal at the Morumbi stadium on Aug. 30, 2020, in Sao Paulo, Brazil. (Alexandre Schneider/Getty Images)

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Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative

The Bitso Shift initiative will allow Mexican businesses to make cross-border transactions more securely and easily.

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Bitso Is Providing the ‘Core Service’ for El Salvador’s Chivo Bitcoin Wallet

The company will also work with Silvergate Bank to facilitate transactions in U.S. dollars

A person purchases a bottle of Coca-Cola from a shop that accepts Bitcoin in El Zonte, El Salvador, on Monday, June 14, 2021. El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress approved his landmark proposal. Photographer: Cristina Baussan/Bloomberg via Getty Images

Finanzen

Crypto Exchange Bitso Hires Facebook Veteran as First COO

The company, which also announced the hiring of a new public policy head, said Vaughan Smith would focus on expanding Bitso’s business in Brazil.

Vaughan Smith, former VP of Corporate Development at Facebook, will focus on growing Bitso’s business in Brazil.

Richtlinien

Mexico's Finance Minister Confirms Cryptos Are Banned From Financial System

The statement comes after Mexican billionaire Ricardo Salinas Pliego said his bank would accept bitcoin.

Arturo Herrera, Mexico's finance minister.

Finanzen

Stablecoins Like USDC See Growing Demand in Latin America: Bitso CEO

Latin Americans are increasingly turning to stablecoins as a store of value.

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Videos

Crypto Taking Off in Latin America

Many U.S. investors might view bitcoin mostly as a store of value, but in Latin America, bitcoin and other cryptocurrencies are emerging as useful payment methods. Daniel Vogel of Bitso joins "First Mover" to discuss the state of the crypto markets in Latin America, Bitso's expansion plans and what's behind the stablecoin boom in the region.

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