The use of stablecoins in everyday payments in Latin America continues to increase. Digital currencies are a response to factors such as inflation, monetary weakness, financial volatility and difficult access to dollars.
In various LA countries “the so-called digital dollars are beginning to be…
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Swift to enable 24-hour payments using blockchain technology
The international payments network Swift, headquartered in Belgium, announced the adoption of blockchain technology to enable 24-hour transactions. This ambitious move will allow it to compete in the cryptocurrency sector.
According to the…
Cryptocurrency hacks in June reach $76 million
Cryptocurrency thefts last June totaled $76 million. Hackers managed to obtain the passwords of thousands of customers on platforms such as Syscoin Bridge, Polymarket, Secret Network, and Humanity Protocol, among others.
The estimated…
Malware steals cryptocurrency by connecting a USB drive to a computer
Microsoft issued an alert regarding cryptocurrency theft through the release of malware when an infected USB drive is connected to a computer.
The attack targets crypto wallets on Windows computers. The threat is particularly novel because…
The MiCA law on cryptocurrencies will come into effect in Spain on July 1st.
Companies offering the purchase, sale, and custody of cryptocurrencies in Spain must have permits to operate in the country from July 1st, the date on which the regulations in this market established by the MiCA law come into effect.…
Euro-pegged stablecoins challenge dollar dominance
Recent data from Avenue Digital Investments indicates that the rise of euro-pegged stablecoins is challenging the dollar's dominance in the crypto sector.
In this regard, the firm points out that euro-pegged stablecoins have just reached…
Crypto tax eliminated in Buenos Aires
The Government of the Autonomous City of Buenos Aires worked with the Argentine Fintech Chamber to update the tax scheme for buying and selling cryptocurrencies.
The result was the elimination of taxes on these transactions. The measure…
Bitcoin trades above $80,000
The week begins with good news for the cryptocurrency sector, considering the recovery of Bitcoin's price, which opened the week at $80,000.
Several factors are driving this increase in the cryptocurrency's value. Analysts point to the…
Western Union to launch its USDPT stablecoin
During the presentation of the first-quarter earnings, the CEO of Western Union announced the launch of its USDPT stablecoin, scheduled for May.
It will be issued by Anchorage Digital Bank, which is currently the only federally licensed…
Donald Trump wants to make the United States the cryptocurrency capital
The United States could become the cryptocurrency capital if the executive order recently signed by Donald Trump moves forward successfully, with the help of David Sacks, an expert in AI and crypto assets.
In a statement, the White House…
Nayib Bukele leads world ranking with 94 % popular support
The President of El Salvador, Nayib Bukele, currently enjoys 94 % popular support, placing him above the leaders of Argentina (48 %), South Korea (63 %), and the United States (38 %).
Bukele is a figure who has proposed and implemented…
Venezuela could soon rejoin the SWIFT financial system
Venezuela is preparing to rejoin the international SWIFT payments system following the issuance of licenses 56 and 57 by the U.S. Treasury Department's Office of Foreign Assets Control, according to economist Elio Córdova.
As is well…