Tagged: bitso

December 13, 2023 @ 3:07 pm By JD Alois  |  

Latin American Fintech Bitso says it facilitated USD $8 billion in payments during 2023. Bitso said this represents a 60% increase versus 2020. The company claims that it provides services to more than 1700 companies leveraging blockchain technology to provide global transfers, payouts, and other… Read More

November 14, 2023 @ 9:09 pm By Omar Faridi  |  

Bitso —the financial services company powered by crypto in Latin America— announced the launch of its new eFX with Crypto service, which allows companies “to carry out immediate international transactions, in a regulated manner, with greater savings and security and without the need of a… Read More

September 21, 2023 @ 8:53 am By Omar Faridi  |  

Cross-border payments company bridge21 announced its partnership with Bitso, the Financial Company powered by Crypto in Latin America, in order “to expand their support for local payments from the US, throughout Latin America.” According to a report, the overall cross-border payment market “stood at $176.5… Read More

August 27, 2023 @ 4:40 pm By Omar Faridi  |  

Bitso —which claims to be the leading financial services company powered by crypto in Latin America with 7 million users and 1,500 institutional clients— announced the appointment of Robert Dennis Harrop as the new Chief Technology Officer (CTO), a British specialist who has worked at… Read More

July 17, 2023 @ 7:56 am By Omar Faridi  |  

Bitso, the crypto-powered financial services company in Latin America with more than 7 million customers, announced its business partnership with Mobile Streams plc (MOS), the intelligence company data specialist, next-gen content specialist, and creator of Heroes NFT CLUB . Thanks to this alliance, Bitso will… Read More

June 8, 2023 @ 11:35 am By Omar Faridi  |  

Bitso, the crypto-powered financial services company in Latin America, today made public the progress of its “Proof that Matters” with which it “shows its solvency with cryptographic technology in all Bitcoin and Ether assets held on its platform, through the Zero-Knowledge Proof developed by Proven… Read More

March 30, 2023 @ 12:36 pm By Omar Faridi  |  

Bitso, the cryptocurrency-powered financial services company in Latin America, surpassed more than $3.3 billion in transactions between the United States and Mexico in 2022 through its Crypto 4 Business service, “mainly used by remittance and payment processors.” This volume is triple the amount “processed by… Read More

February 10, 2023 @ 8:38 am By Omar Faridi  |  

Bitso, the cryptocurrency-powered financial services company in Latin America, has released the regulatory principles that “guide its operations and its strategic decisions in adherence with the highest industry standards.” At a time when the crypto industry is facing unparalleled doubt and scrutiny due to both… Read More

January 12, 2023 @ 11:54 am By JD Alois  |  

Bitso has become the first digital asset exchange to offer Circle’s Euro-based stablecoin, according to a note from the firm. This means customers may now choose to transact in either US dollars or Euros by leveraging Circle’s digital currency. Bitso offers services in various Latin… Read More

December 8, 2022 @ 12:46 pm By JD Alois  |  

Crypto platform Bitso has partnered with Félix Pago to offer a service to enable remittances from the United States to Mexico. Bitso is a leading crypto exchange in Latin America operating in Brazil, Colombia, Argentina and Mexico. Félix Pago is a provider of “chat remittance… Read More

November 24, 2022 @ 1:28 pm By JD Alois  |  

Prominent Latin American crypto exchange Bitso has posted all funds are secure during a time when some are questioning the viability of certain crypto marketplaces and counterparty risk associated with the FTX bankruptcy. Bitso said in a statement that it was going beyond proof of… Read More

November 10, 2022 @ 11:01 pm By Omar Faridi  |  

Bitso, the cryptocurrency platform in Latin America, with more than 6 million users, “will enable users of its app from the entire region who travel to Argentina to pay for their purchases with crypto through QR, a very widespread payment method in the country.” This… Read More

October 21, 2022 @ 10:32 am By JD Alois  |  

Top crypto trading platform Bitso says it has surpassed 6 million users in Latin America while claiming it is in the midst of a growth spurt the fastest they have seen since its inception in 2014. Bitso states that in the past year, it has… Read More

October 8, 2022 @ 10:05 am By Omar Faridi  |  

Via, a global payroll platform that helps hire and pay workers anywhere in the world in compliance with all local legal regulations, announced that it has opted for Bitso, the cryptocurrency platform in Latin America, to streamline international payments for workers using the power of… Read More

September 21, 2022 @ 3:46 pm By JD Alois  |  

Bitso, a Latin American crypto exchange reporting 5 million users, has distributed an email stating that Latam users can use crypto to counter the impact of inflation. Bitso reported that according to a study, the reasons for adopting cryptocurrencies are increasingly varied. The study highlights… Read More

September 6, 2022 @ 3:44 pm By JD Alois  |  

Top Latin American crypto exchange Bitso is collaborating with Africhange, an African-Canadian remittance platform that aims to enable payments cross-border from Canada to Mexico. According to a corporate statement, Africhange first focused on transfers between Canada and Nigeria – having processed around CAD 70 million…. Read More

September 5, 2022 @ 5:15 pm By Santiago Alvarado  |  

When you hear “crypto,” where does your mind go? Maybe you picture wealthy tech entrepreneurs or coders working in dark basements. Maybe it makes you think of scams, hacks, memes, or even Elon Musk. These are the stereotypes that mainstream media has ingrained in many… Read More

August 29, 2022 @ 8:10 pm By JD Alois  |  

Leading Latin American crypto platform Bitso says it has added ETH to Bitso+, a yield platform that allows users to generate income on parked funds. Previously, Bitso allowed Bitcoin holders and dollar stablecoin holders to generate income but Bitso has now added ETH. Bitso+ was… Read More

August 4, 2022 @ 11:27 pm By Omar Faridi  |  

Bitso, the cryptocurrency platform in Latin America with over 5 million users, and Everest, the “first” licensed crypto custodian offering stablecoins, announced their partnership to provide Everest users “with the ability to receive cross-border transactions from the US, Europe, and Singapore into Mexico.” The Mexico-US… Read More

July 27, 2022 @ 12:56 pm By JD Alois  |  

Bitso, a Latin American crypto exchange, has facilitated the transfer of Argentian football (soccer) player to São Paulo FC’ Bitso states that this is the first such transfer to take place with midfielder Giuliano Galoppo signing with the São Paulo club, completed with crypto, and… Read More