Cryptocurrency Market

  • Market Cap: $2,403,921,908,004.57
  • 24h Vol: $52,918,254,109.79
  • BTC Dominance: 56.56%

latam

lightning-network-focused-startup-lightspark-sets-its-sights-on-latam

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin America’s remittances and cross-border payments market, using its products to streamline these processes. Lightspark Aims to […]

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam Read More »

crypto-friendly-mercado-libre-becomes-latam’s-largest-company

Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company

Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million, significantly surpassing the expected $432 million. Other numbers were also positive, including a 36% growth in sales in Brazil,

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nubank-partners-with-lightspark-to-bring-lightning-network-access-to-over-100-million-customers-in-latam

Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam

Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage of its trading platform, according to Thomaz Fortes, Executive Director for Nubank Crypto. Nubank to

Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam Read More »

latam-insights:-paraguay-shuts-down-largest-illegal-bitcoin-mining-farm-to-date,-argentina-and-el-salvador-discuss-bitcoin

Latam Insights: Paraguay Shuts Down Largest Illegal Bitcoin Mining Farm to Date, Argentina and El Salvador Discuss Bitcoin

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran officials met to discuss bitcoin issues, and Ocean launched a global hub in El Salvador. Paraguayan Authorities Shut Down

Latam Insights: Paraguay Shuts Down Largest Illegal Bitcoin Mining Farm to Date, Argentina and El Salvador Discuss Bitcoin Read More »

latam-insights-—-steve-hanke-advocates-dollarization-in-argentina,-bitcoin-city-plans-unclear-in-el-salvador,-sunacrip-implicated-in-venezuela-layoffs

Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, economist Steve Hanke calls to dollarize Argentina, Bitcoin City plans are still not formalized in El Salvador, and Venezuelan crypto watchdog Sunacrip is allegedly involved in mass layoffs. Steve Hanke

Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs Read More »

putin,-xi-vow-to-use-yuan-as-russia-and-china-move-to-settlements-in-national-currencies

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam. Putin expressed that using national currencies for international trading “should be encouraged further.” Russia

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies Read More »

ripple-survey-suggests-latam-merchants-will-adopt-crypto-payments-massively-after-three-years

Ripple Survey Suggests Latam Merchants Will Adopt Crypto Payments Massively After Three Years

Latam merchants will be slower in adopting cryptocurrency payments compared to merchants in other regions, according to the latest payments survey conducted by Ripple and the Faster Payments Council. The survey, which polled close to 300 payment leaders at a worldwide level, suggests that massive crypto adoption for payments will solidify in three years. Ripple

Ripple Survey Suggests Latam Merchants Will Adopt Crypto Payments Massively After Three Years Read More »

latam-countries-prepare-regional-agreement-to-counter-rampant-inflation

Latam Countries Prepare Regional Agreement to Counter Rampant Inflation

A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states to lessen the effects of price rises. Latam

Latam Countries Prepare Regional Agreement to Counter Rampant Inflation Read More »

crypto-dominates-as-payment-method-for-remote-workers-in-latam

Crypto Dominates as Payment Method for Remote Workers in Latam

Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include the instability of some of the local fiat currencies, and the influence of high levels of inflation in the region.

Crypto Dominates as Payment Method for Remote Workers in Latam Read More »

brazilians-will-be-able-to-pay-taxes-with-crypto

Brazilians Will Be Able to Pay Taxes With Crypto

Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid for Brazilian reals on the fly. Brazilians Will

Brazilians Will Be Able to Pay Taxes With Crypto Read More »