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Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela

Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT.

Updated Jun 27, 2023, 3:44 p.m. Published Jun 27, 2023, 3:42 p.m.
(Thought Catalog/Unsplash)
(Thought Catalog/Unsplash)

Crypto exchange Bitfinex launched a peer-to-peer trading platform in Argentina, Colombia and Venezuela, the company announced on Tuesday.

According to Bitfinex, users are now able to buy and sell bitcoin , ether , tether tokens denominated in euros (EURT) and US dollars , and pegged to the price of gold. Customers can use a payment method and domestic currency of choice, the company added.

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In May, Bitfinex made an undisclosed investment in Chilean crypto exchange OrionX with the aim of expanding its footprint in Latin America, while Tether – the issuer of stablecoin USDT – invested in an energy production and sustainable bitcoin mining facility in Uruguay.

In May 2022, Tether had launched its MXNT token pegged to Mexico's peso, in what had been its first move into the Latin American market.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Michael Saylor's Strategy catches a break from MSCI, but analysts caution fight isn’t over yet

MicroStrategy Executive Chairman Michael Saylor (Marco Bello/Getty Images)

MSCI won’t drop firms like Strategy from indexes yet, but a broader rule change may still be on the table

What to know:

  • Shares of Strategy rose 6% after MSCI decided not to exclude digital asset treasury firms from its indexes.
  • The decision alleviates immediate pressure on companies holding large amounts of bitcoin but not directly operating in the blockchain sector.
  • Analysts caution that the situation may not be resolved, as future MSCI rule changes could still impact firms like Strategy.