Latin America

BCH Latam: Creating a Viral Feedback Loop for Mass Adoption With Bitcoin Cash

</header> <strong>This week news.Bitcoin.com spoke with George Donnelly from the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> Latam initiative about his plan to help the people of Latin America “achieve greater individual liberty and prosperity.” Donnelly explained the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> Latam initiative aims to generate greater financial inclusion through mass adoption systems …

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Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

</header> <strong>In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for alternative digital platforms and decentralized cryptocurrencies. </strong> Also read: Russians Can Use Qiwi, Sberbank, …

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Max Keiser: Bitcoin’s first function is to clean up the mess left by fiat

International journalist and media defender of Bitcoin Max Keiser gave a presentation at Labitconf in Montevideo, Uruguay, in which he explained the impact that cryptocurrencies generate in the global scenario and particularly in the Latin American region. With a talk entitled “Why Bitcoin Matters in Emerging Markets,” Keiser took the stage in his casual style, …

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WATCH: Inside the LatAm Crypto Market With the Founder of SatoshiTango

SatoshiTango was one of the first crypto exchanges in Latin America and is still a major player in the ecosystem. In this video CoinDesk’s Diana Aguilar sat down with founder Marias Bari in Argentina about the future of crypto in the region. We visited Argentina on the eve of its financial crisis last month and founders …

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Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social Network

<header class=”article__header”> </header> <strong>IOV Labs, the parent company of Bitcoin smart contract platform RSK, has announced the acquisition of Taringa. As a result, the Hispanic social media network’s 30 million users and 1,000+ active communities will be exposed to dapps, tokenization and P2P trading. Crypto companies acquiring traditional businesses, before introducing tokenized features, is now …

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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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Crypto News From Brazil and Portugal: Aug. 24-31 in Review

This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds.  Brazil’s central bank announced that it would classify cryptocurrencies according to International Monetary Fund (IMF) guidelines on Aug. 26. With the new classification under …

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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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Market Update: Economists Envision Global Recession While Crypto Prices Soldier On

<header class=”article__header”> </header> <strong>Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a few speculators believe a breakout is on the cards …

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