colombia

Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

<header class=”article__header”> </header> <strong>The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>), and <a class=”lar-automated-link” …

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Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money

<header class=”article__header”> </header> <strong>There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust the sovereign bolivar. Unfortunately, most Venezuelans are not getting any exposure …

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Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential

<header class=”article__header”> </header> <strong>For quite some time now, Venezuela has been suffering from a political crisis and a collapsing economy. Venezuelans dealing with rampant inflation continue to see their purchasing power decline. After witnessing one of the worst economic disasters in modern history, 4 million citizens have emigrated to seek a better form of money, …

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Paxful Plans to Bring 20 Crypto ATMs to Colombia

A partnership between two cryptocurrency firms could bring 20 new bitcoin ATMs to cities around Colombia. The bitcoin exchange, Paxful, and crypto ATM company, CoinLogiq, announced the partnership Sept. 5. By integrating the Paxful kiosk feature with CoinLogiq hardware, users will be able to purchase BTC using cash, credit and online debit transfers. According to …

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Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products

</header> <strong>On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across the country and machines will allow people to purchase goods and medicine with cryptocurrencies …

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Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

</header> <strong>The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, …

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Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

<header class=”article__header”> </header> <strong>Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, …

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Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos

<header class=”article__header”> </header> <strong>Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> are seeing all-time price highs. …

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PR: Tronipay Launches Cross Border eCommerce Solution

<header class=”article__header”> </header> <small><i>This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</i></small> The high growth of the market has created new opportunities and attracted talented entrepreneurs to …

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P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

</header> <strong>During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela.</strong> Also Read: Turkish Real Estate Agency Sells 9 …

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