latin america
Brazil’s Mercado Bitcoin Exchange Raises $200M From SoftBank
Mercado Bitcoin, Brazil's largest exchange and one of the largest in Latin America, has raised $200 million in series B funding from the SoftBank Latin America Fund. "The Hash" panel discusses the booming interest for cryptocurrencies in Latin America and the implications for global crypto markets.
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.
Billionaire Ricardo Salinas Pliego Says His Bank Is Working to Be First Lender in Mexico to Accept Bitcoin
Billionaire and noted bitcoin bull Ricardo Salinas Pliego revealed he is working to make his bank, Banco Azteca, the first lender in Mexico to accept bitcoin. “The Hash” team continues the ongoing conversation around Latin America’s booming institutional interest for cryptocurrencies and the implications for financial access.
Stellar Invests $15M in AirTM to Boost Financial Access in Latin America
The Stellar Foundation has invested $15M in AirTM, a Mexico-based peer-to-peer crypto exchange. The foundation’s investment aims to improve access to digital payments in Latin America and boost Stellar’s presence in the region. Denelle Dixon of the Stellar Foundation joins “First Mover” to discuss AirTM and the foundation’s future investment plans across the developing world.
How Blockchain Technology Serves the Underserved Across the Developing World
UWINCorp Limited has a particular mission: to help underserved communities across Africa document and assert sovereignty over their natural resources, including indigenous plants. Another blockchain startup, Emerge, assists farmers in Latin America with keeping track of agricultural data and other records. Julius Akinyemi, CEO of UWINCorp, and Lucia Gallardo, CEO of Emerge, join "Money Reimagined" to discuss how the blockchain can be leveraged to serve historically underserved populations.
Stablecoins Like USDC See Growing Demand in Latin America: Bitso CEO
Latin Americans are increasingly turning to stablecoins as a store of value.
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.
Consensus 2021: Crypto Is Booming in Brazil, but Regulations Lag Behind
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
E-Commerce Giant MercadoLibre Discloses $7.8M Bitcoin Buy
The Latin American retailer said the purchase was in the last quarter.
$2.2B Bitso Becomes First Crypto Unicorn in Latin America
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.
