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Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token,…
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as…
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise…
Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and…
Ripio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings,…
The Federal Bureau of Investigation’s San Diego office has seized websites linked to three fraudulent cryptocurrency recovery services. The scam preys on victims of crypto fraud by promising recovery of…
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced…
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets,…
Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to…