The United States is under pressure to step up its crackdown on the growing illicit gold trade in the Western Hemisphere, which has made more money than drugs in many countries in South America. Click to view...
According to Solid Intel, Tether is planning to acquire a 51% controlling stake in South American energy company Adecoagro in a deal valued at around $1.24 billion.
Maya Parbhoe, a presidential candidate in the South American country of Suriname, has an ambitious vision to build a bitcoin country that is more deeply rooted in cryptocurrencies than El Salvador. Parbhoe, who is also the CEO of Daedalus Labs, a Bitcoin and NOSTR-based service, has outlined a bold plan to fight corruption and provide tangible benefits to citizens by adopting the Bitcoin standard - provided she wins the upcoming 2025 election. Her first...
In the past decade, Venezuela has become one of the countries in South America that relies heavily on remittances. A study by the Inter-American Dialogue shows that about 30 percent of Venezuelan households have started to receive remittances after the country faced a sharply rising migration crisis. According to blockchain analytics firm Chainalysis, the amount of money transferred through cryptocurrency last year may have reached 9 percent of all remittances, a record high. According to the Ve...