NFTs, payments and conferences: Crypto in Latin America in 2021
Between the bull market, the NFT craze and DeFi taking off, 2021 was an interesting year for Latin America.
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P2P payments spurred crypto adoption across Venezuela in 2021
Venezuelans tried to fight inflation this year by using cryptocurrencies on an unprecedented scale in the country.
Crypto-focused enterprise payment platform Tribal Credit raises $60M
Crypto-facilitated cross-border payments services are gaining traction in Latin America — a region that has become a hotbed for the cryptocurrency industry.
Uruguay reportedly installs its first Bitcoin ATM
Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region.
Paraguay moves a step closer to regulating digital currency
A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay.
Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status
The Series B builds off 2TM’s massive $200 million SoftBank-led raise in July, which catapulted the company to a $2.1 billion valuation.
Venezuelans promised Axie Infinity scholarships for crypto training courses
The initiative is a part of the La Guaira Digital program, which aims to fast-track growth and induce economic stability in the country.
A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims
On Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community.
El Salvador purchases first 200 BTC, President Bukele confirms
El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for…