Tagged: argentina

Binance Teams Up with the City of Buenos Aires to Enable Crypto Adoption

At Binance, they claim to believe that the next wage of financial as well as ongoing technological evolution hinges on collaboration between the private sector and forward-thinking governments. Consistent with these objectives, Binance announced a milestone in this direction: their partnership with the Government of… Read More

Kraken Expands Access across Latin America, Introduces Local Funding in Argentina, Mexico

Deepening investment in Latin America, Kraken are rolling out local currency funding in Argentina and Mexico, two of the region’s most active crypto markets. This expansion reflects their “ongoing commitment to building trusted, compliant and localized infrastructure to support crypto adoption across the globe.” With… Read More

Argentina’s Kamipay Has Solved Regional Real-Time Payments

Argentinian Fintech Kamipay’s deliberate strategy for providing cross-border, real-time payments in LatAm’s diverse market is successful. The infrastructure enables Argentines to pay with Pix in Brazil directly from their local apps, and that’s just the beginning. CFO and late co-founder Eduardo Dundas said Kamipay has… Read More

LatAm Fintech Ualá Reports $66M Series E, Eyes Mexico Expansion

Latin American fintech Ualá has raised an additional $66 million in a second close of its Series E funding round, bringing the total to $366 million. This extension saw participation from TelevisaUnivision, alongside earlier investors like Allianz X, Stone Ridge Holdings Group, Pershing Square Foundation,… Read More

Crypto.com Reportedly Obtains Regulatory Approval in Argentina

Crypto.com, claiming to be “trusted” by more than 100 million customers worldwide and a firm focused on regulatory compliance, security and privacy, has secured its Virtual Asset Service Provider (VASP) registration from the National Securities Commission (CNV) of Argentina. This registration will allow Crypto.com to… Read More

Coinbase Obtains Approval to Offer Digital Assets Services in Argentina

Coinbase (NASDAQ:COIN), provider of a cryptocurrency trading and investing platform, is expanding its global presence to Argentina, as part of its mission to support economic freedom worldwide. This move is designed to increase access to cryptocurrency services for millions of Argentinians. To operate in Argentina, Coinbase… Read More

Kuady Strengthens Latin American Presence with Ecuador and Virtual Prepaid Mastercard in Argentina Launch

Kuady, a payments service processor, announced key updates in its Latin American expansion, with the launch of its digital wallet services in Ecuador and the roll-out of its virtual prepaid Mastercard in Argentina. These developments underscore Kuady’s commitment to driving financial inclusion and delivering payment… Read More

Binance Incorporated into Argentina’s Virtual Asset Service Providers Registry by National Securities Commission

Binance reveals that it has been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking the digital asset exchange’s 20th regulatory milestone internationally and expanding its suite of crypto and blockchain / Web3 services to Argentina-based consumers. This… Read More

Argentina’s Payments Processing Fintech Tapi Announces $22 Million Capital Injection from Strategic Investors

Argentina-headquartered payments processing Fintech Tapi has reportedly acquired $22 million in capital from key investors. The Fintech firm will use proceeds from the Series A investment round in order to help with its business expansion efforts into Mexico. This, acocring to statements from company Co-founder… Read More

Worldcoin Investment in Argentina Reportedly Increases as Initiative Announces Expansion of Services

In Argentina, Worldcoin contributors have been working hard to increase access to important AI tools like World ID, a private digital passport that differentiates humans from bots online. Now, the project is poised to grow in Argentina, “resulting in significant direct investment in the country.”… Read More

National Securities Commission in Argentina Introduces Registry of Virtual Asset Service Providers (VASPs)

The South American country of Argentina has announced key updates related to digital assets. Argentina’s National Securities Commission (CNV)  has implemented the Registry of Virtual Asset Service Providers (VASPs). The LatAm based nation has some of the highest levels of crypto adoption globally so this… Read More

Latin America: Digital Assets Exchange OKX to Expand Operations to Argentina

Hong Fan, OKX President, notes that she’s pleased to announce a major milestone in OKX’s global expansion – they have officially launched our leading crypto exchange and Web3 services in Argentina. Given Argentina’s position as one of the “top” crypto markets in Latin America with… Read More

Bitso Releases Data on Crypto Usage with Update on Digital Asset Landscape in Latin America

Bitso —the financial services company powered by crypto in Latin America— released the first edition of its Crypto Landscape in Latin America: Report H2 2023, in which it reveals the importance that “the use of blockchain and crypto assets have gained, both in the region… Read More

Worldcoin and FWB, a Social Network DAO, to Explore What It Means to be Human in AI Age

Worldcoin claims that it was created to help build a more human internet and a more inclusive digital economy. That ethos aligns with the founding principles of Friends With Benefits (FWB), a new kind of social network DAO working with creatives and builders “to platform… Read More

Stablecoin Issuer Circle Talks Partnership with Lemon to Help Users Dodge Inflation in Argentina

Circle, the second largest dollar stablecoin issuer with USDC, has posted a case study on a partnership with Lemon – a crypto exchange in Argentina. Typically, stablecoins are mostly used as on/off ramps for digital assets. Stablecoins are largely digital representations of fiat but can… Read More

Financial Services: Argentina’s Fintech Uala Launches No-Fee Credit Card

Buenos Aires-based fintech firm Uala has launched a no-fee credit card in Argentina, targeting the massive population of unbanked Argentines, according to a Bloomberg report. The company, which is backed by investors George Soros, Steve Cohen, and Tencent Holdings, is offering its no-fee credit card… Read More

New Argentina President Javier Milei Is Pro-Bitcoin and Critical of Centralized Financial Institutions: Grayscale Report

On Sunday November 19, 2023, Argentina elected its next president, Javier Milei, which briefly caused “a noticeable surge in the price of Bitcoin and underscores the direct impact of political shifts on the crypto ecosystem.” Milei is a libertarian who aims to upend the economic… Read More

Latin America: Transfero to Use Finery Markets Crypto ECN Solution to Enhance OTC Digital Currency Liquidity

Transfero, an international financial solutions company and the owner of Brazilian and Argentinian Digital Tokens (BRZ and ARZ), stablecoins pegged to Brazilian Real and Argentinian Peso, deploys Finery Markets’ FM Liquidity Match in order “to offer institutional customers a seamless and robust over-the-counter (OTC) cryptocurrency… Read More

Latin America: Crypto Adoption in Venezuela and Argentina Is Example of Technology’s Unique Value Proposition – Report

Latin America has the seventh-largest crypto economy of all regions Chainalysis studies. it is not far behind MENA, Eastern Asia, and Eastern Europe. Its position compared to other regions has “held relatively steady over the last two years.” Latin America shows the highest preference “for… Read More

Worldcoin Crypto Initiative Is Being Scrutinized by Regulators in Several Jurisdictions

Growing numbers of world governments are beginning to scrutinize the services provided by Worldcoin, which is described as a crypto-related initiative that’s co-founded by OpenAI Chief Executive Officer Sam Altman that was officially launched in July of this year. Nearly 2.3 million consumers throughout the… Read More

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