Num Finance launches Colombian peso stablecoin on Polygon
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.
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Colombia central bank recommends limiting CBDC holdings and spending
Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.
Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia
The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively.
Ripple Partners With Colombia’s Banco de la República to Enhance Payment System With Blockchain
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’s legal system experiments in the metaverse: Report
Colombia has positioned itself at the forefront of innovative ways to conduct legal proceedings after recently hosting a trial in the metaverse.
The driving forces behind crypto adoption in Latin America in 2022
Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development.
Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US
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 Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report
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…
Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto Inclusion
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…
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…