[Sep 24, 2024 10:15 PM] A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it…
[Sep 24, 2024 4:30 AM] The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all…
[Sep 20, 2024 11:10 PM] According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this…
[Sep 19, 2024 10:35 AM] Bitget, a leading cryptocurrency exchange, has announced a multi-million dollar partnership with La Liga, the popular Spanish football league. This deal establishes Bitget as the official crypto partner for La Liga across Eastern Asia, Southeast…
[Sep 13, 2024 11:30 PM] Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both…
[Sep 13, 2024 9:30 PM] As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa…
[Sep 11, 2024 10:30 AM] Ripple has renewed its partnership with NYU Abu Dhabi to support blockchain research and innovation. This partnership aims to foster talent development, advance digital asset adoption, and integrate blockchain technology into startups and…
[Sep 5, 2024 11:30 PM] The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with international anti-money laundering requirements. The institution found that, while El Salvador included bitcoin as…
[Sep 5, 2024 4:30 AM] In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some…
[Sep 3, 2024 10:30 PM] Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the…
[Aug 27, 2024 6:05 AM] United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the…
[Aug 25, 2024 9:20 PM] ETH Kipu Foundation, an organization focused on supporting and developing the Ethereum ecosystem in Latam, has partnered with the Ministry of Education of the City of Buenos Aires in Argentina to include Ethereum and blockchain as part of high…
[Aug 22, 2024 7:30 PM] The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administration (ESIAP) program. The…
[Aug 11, 2024 7:05 PM] CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left…
[Aug 6, 2024 5:30 AM] A recent report by Coinwire, a cryptocurrency research portal, predicts that cryptocurrency adoption levels in Latam will more than double in 2024. The report, which examined trading movements on trusted centralized exchanges according to…
[Aug 2, 2024 6:10 PM] Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government…
[Aug 1, 2024 4:10 PM] Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports…
[Jul 29, 2024 10:35 PM] A company with cryptocurrency capital has been registered in Argentina, marking the first time this has happened in the country. The company, which was registered with a capital of almost $500 in bitcoin and USDC, follows the enactment of a…
[Jul 26, 2024 6:35 AM] The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given…
[Jul 26, 2024 3:29 AM] A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges.
[Jul 20, 2024 12:30 AM] The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network in partnership with Jordanian blockchain company Blockexe. The implementation of blockchain technology in Jordan’s government…
[Jul 18, 2024 3:30 PM] Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider of digital currency white-label payment solutions. Argentina took the fourth place in the list, with…
[Jul 17, 2024 1:21 AM] Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework…
[Jul 12, 2024 5:20 AM] Blockchain-enabled sports tech startup Fanera has partnered with the Saudi Arabian Ministry of Investment and is poised to relocate its headquarters to Riyadh. Through its fan engagement app, Fanera aims to empower football fans, enabling them to…
[Jul 11, 2024 9:33 PM] Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi…
[Jul 8, 2024 4:20 PM] The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in…
[Jul 3, 2024 2:55 AM] Orbital, a provider of blockchain-based payments, has published a blog post highlighting the importance of USDT payments on TRON in emerging markets. The company processes millions of on-chain transactions each year, valued in the billions of…
[Jun 27, 2024 3:31 AM] The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities platforms. The CEO of Blade Labs described the Hashgraph Association as a strategic…
[Jun 11, 2024 8:01 AM] Tether’s VC arm has already spent about $2 billion on tech like AI and alternative financial infrastructure over the past two years.
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