Brazil Based FTX Customers Organizing to File Class-Action Lawsuit
A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of…
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Relaunch of USAN — the Union of South American Nations — in Latam Profiles New Monetary Integration
A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization. The proposal, made by several…
Victory of President-Elect ‘Lula’ in Brazil Might Bring the Rise of a Common Currency for Latam
The victory President-Elect Luis Inacio Lula Da Silva obtained on Oct. 30 over the incumbent Jair Bolsonaro in Brazil might open the gates for the proposal of a single currency…
60% of Latam Professionals Open to Using Metaverse Tools at Work: Study
Workers and executives in Latam are open to trying metaverse tools in conjunction with their traditional work, according to a study commissioned by Ciena, a software, networks, and services company.…
Huobi Partners With Astropay to Facilitate Fiat Payments in Latam
Huobi Global, one of the biggest exchanges in volumes traded, has announced a partnership to make it easier for its Latam-based customers to acquire cryptocurrencies. The exchange has allied with…
Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs
Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership…
Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22
The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions.
The Central Bank of Colombia Is Studying the Creation of a Digital Currency
The Central Bank of Colombia is studying the launch of a digital currency, according to statements made by its manager, Leonardo Villar. The organization is evaluating the launch of this…
Colombia to prevent tax evasion with national digital currency: Report
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said.
BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022
BNB Chain prepares to launch a Web3 development course for Latin American students as the region continues to be a hub for adoption and crypto-related activity.