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South America
Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay
The South American country with abundant hydropower wants to attract bitcoin miners.
Spanish Exchange Bit2Me Buys Peruvian Crypto Exchange, Eyes Targets in Latin America
Following the acquisition of a majority stake in Fluyez, the company is looking for purchasing opportunities in Chile, Colombia and Uruguay.
Paraguayan Senate Passes Bill Regulating Crypto Mining and Trading
The text must now be approved or vetoed by the country’s executive branch.
Half of Latin Americans Have Used Cryptocurrencies, Mastercard Survey Shows
Fifty-one percent of consumers in Latin America made at least one transaction with cryptocurrencies.
Why Latin American Crypto Exchanges Are Doubling Down on Yield Products
Despite inflation and macroeconomic instability, regional companies offer interest rates of up to 15% on different stablecoins, well above their global competitors.
Huobi Global Acquires Latin American Crypto Exchange Bitex
The crypto exchange is seeking to expand in Latin America, but Bitex will continue to operate under the same name and with its current management team.
Top Latin American Crypto Exchange Bitso Lays Off 80 Employees
The company, which had more than 700 workers before the cuts, counts four million users in the region.
Paraguayan Bill Regulating Crypto Mining and Trading Moves Closer to Law
The legislation was approved with modifications in the country’s Chamber of Deputies and will now return to the Senate, which had passed it in December.
How THNDR Games Is Bring Play-to-Earn to Bitcoin
THNDR Games CEO & Co-founder Desiree Dickerson discusses building play-to-earn games like SATSSS and Thunder Bay on the Bitcoin blockchain using the layer 2 Lightning Network. Dickerson explains the emphasis on mobile gaming for mass adoption and why the company has seen sizable popularity in Central and South American markets.
Why Is the IMF So Afraid of Cryptocurrency?
The IMF is not a neutral aid organization, but the economic arm of a vast power structure. Crypto threatens that power.
