Binance launches crypto-to-bank account payment product in Latin America
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia.
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Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia.
Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia.
Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.
The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively.
Ripple announced collaborating with Colombia’s central bank – Banco de la República – to explore blockchain technology use cases. The objective is to evaluate the potential efficiencies of a solution…
Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse.
Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development.
Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to put nearly instant chat-based…
Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The document…
Nicolas Maduro, president of Venezuela, has expressed his support for the adoption of a new common currency for Latam in the latest meeting of the Workgroup of the Sao Paolo…