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Latam Insights: Venezuela’s USDT Oil Economy, JPMorgan Freezes Latam Stablecoin Startups’ Accounts

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Venezuela’s oil income relies largely on USDT…

Continue ReadingLatam Insights: Venezuela’s USDT Oil Economy, JPMorgan Freezes Latam Stablecoin Startups’ Accounts

JPMorgan Freezes Accounts From ‘High Risk’ Stablecoin Startups Kontigo and Blindpay

The actions would have been taken due to the high risk linked to lending services to these startups. Blindpay, one of the stablecoin startups affected, operates in Latin American countries,…

Continue ReadingJPMorgan Freezes Accounts From ‘High Risk’ Stablecoin Startups Kontigo and Blindpay

Nubank Seeks to Acquire Traditional Bank to Satisfy Brazilian Regulatory Requirements

According to recent reports, Nubank is strategically pursuing the acquisition of a small bank in Brazil, driven by new regulatory restrictions that prohibit fintech companies from using banking-related names without…

Continue ReadingNubank Seeks to Acquire Traditional Bank to Satisfy Brazilian Regulatory Requirements

Latam Insights: Brazil’s Banking Giant Updates Bitcoin Advice, TRM Labs Highlights Venezuelan Crypto Growth

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil’s Itau recommends holding up to 3%…

Continue ReadingLatam Insights: Brazil’s Banking Giant Updates Bitcoin Advice, TRM Labs Highlights Venezuelan Crypto Growth

Latam Insights: Private Banks Closer to Offer Crypto in Argentina, Kraken Goes Local in Colombia

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of Argentina prepares to…

Continue ReadingLatam Insights: Private Banks Closer to Offer Crypto in Argentina, Kraken Goes Local in Colombia