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.
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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…
Strike partners with Bitnob to facilitate cross-border payments into Africa
On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to the Lightning Network on Bitcoin.
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Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.”…
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The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In…
Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils
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9 years after the first Bitcoin ATM, there are now 38,804 globally
From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing.
Why the battle for low or no transaction fees really matters
High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free.
Western Union may be planning to expand its digital offerings far beyond remittances
Trademark applications seem to hint at an asset and commodities exchange, insurance and Western Union’s own token as it faces increasingly diverse competition on the remittances market.
Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption.