News list for " Latin America"
According to the latest report from cryptocurrency exchange Bitso, Latin America is experiencing a "breakthrough" year for cryptocurrency adoption. Coinchange regulatory report data shows that cryptocurrency usage in the region will increase by 116% in 2024 and another 65% in the first half of 2025, and the total number of users has now exceeded 57 million. This significant growth was primarily driven by improved regulatory environments, growing market maturity, and strong growth in the US and E...
OpenAI and energy company Sur Energy have signed a letter of intent to build a data centre hub in Argentina for up to $25 billion in what will be one of the largest technology infrastructure projects in the country's history. "Stargate Argentina, an exciting new infrastructure project, will be launched in partnership with SurEnergy, one of Argentina's leading energy companies," said Altman, OpenAI chief executive.
On September 19, Nubank, Latin America's largest digital bank, is preparing to integrate dollar-pegged stablecoins with credit cards into its payments ecosystem. Roberto Campos Neto, vice chairperson of the bank and former governor of Brazil's central bank, revealed the plan at the Meridian 2025 event on Wednesday. Nubank plans to pilot stablecoin payments via credit card in the coming months as part of a broader plan to allow deposits in tokenized form and eventually...
According to @BTCTN, Isabel Longhi of Ripple highlighted the role of Latin America in the global cryptocurrency ecosystem. Currently, 12% of the portfolio in Latin America holds XRP, which makes the region has the voice over cryptocurrency!
MercadoLibre, a Latin American e-commerce and fintech company, announced that it will use Bitcoin as a volatile inflation hedge for Latin American local currencies and complement its fintech ecosystem. The company disclosed that it has held 570.4 BTC, worth about $62 million, in order to further strengthen its strategy of digital payment innovation and reserve diversification.
Canadian fintech company Nuvei has launched a payment settlement service using stablecoins for merchants in Latin America. Interoperability platform Rain, digital custodian BitGo and credit card issuer Visa are partners in its blockchain-based solution. Latin American merchants participating in the Nuvei solution will be able to use physical or virtual Visa cards to pay in stablecoins through digital wallets. BitGo will provide custody of digital assets. This service will be available anywhere V...
Latin American digital asset platform Mercado Bitcoin (MB) has announced the launch of the MBRL stablecoin on the TRON blockchain, pegged to the Brazilian real.
Marcos Galperin, founder and CEO of Mercado Libre, a Latin American e-commerce and financial services giant, shares his thoughts on bitcoin and cryptocurrencies. He revealed that he invested in bitcoin in 2013, when Mercado Libre sent a special envoy to the United States to study new technologies. Mr. Galperin praised bitcoin's independence from government interference, explaining: "When people see governments around the world running fiscal deficits, having a currency like bitcoin that governme...
Mercado Pago, the digital banking arm of Latin American e-commerce giant Mercado Libre (MELI), said Wednesday it will launch a dollar-pegged stablecoin in Brazil. Mercado Pago users in Brazil will be able to buy and sell Meli Dollar stablecoins using their account balances in Brazilian real without paying any fees, the company said. The product is "designed to provide a practical and stable option for financial management", the company said. Ripio, a Latin American cryptocurrency firm, will act ...
A survey conducted by Binance revealed that more than half of cryptocurrency users in Latin America are using cryptocurrencies as a long-term investment, opting to hold digital assets. The survey, which surveyed 10,000 users from Argentina, Brazil, Colombia, and Mexico, found that 50.3% of surveyed users (one in every two clients) prefer to use cryptocurrencies as an investment vehicle. 18.8% of surveyed users said they use these assets for trading on a daily basis, and the survey also found oth...
