Conflux has partnered with Asia's top e-commerce platform Smile Shop to launch the BitUnion prepaid card, which now allows global digital asset payments in 183 countries and territories. The BitUnion Prepaid Card uses UnionPay International's USD prepaid card framework and is the first encrypted UnionPay card. Users can top up, shop online, shop in-store and withdraw cash globally.
Mercado Libre, Latin America's largest e-commerce platform, has disclosed that it holds more than $40 million in cryptocurrency, according to its 2024 Quarter 1 filing. The company disclosed that it held 412.7 BTC and 3,041.6 ETH as of March 31. However, Mercado Libre does not own these assets, and its CIO, Richard Cathcart, explained that the company has liquidated its cryptocurrency in 2023. Cathcart claims that this filing reflects the fact that we offer our users a service to buy, hold and s...