A report by the firm Chainalysis showed that Venezuela ranks as the third country in the world, only behind Ukraine and Russia in the adoption of payments with cryptocurrencies.
The blockchain analysis company indicated that the Latin American country obtained a score of 0.80 on a scale of 0 to 1…
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Latin America
Lasso issues his first decrees as president
The president of Ecuador, Guillermo Lasso, issued his first decrees in office, hours after assuming the Presidency, among which stand out the repeal of the regulations of the Communication Law and the removal of 1.7 million people from the…
Central Bank of Brazil studies the creation of a cryptocurrency
The Central Bank of Brazil is studying the possibility of developing a digital currency, with the aim of creating a virtual digital extension of the Brazilian real to "accompany the dynamism of technological evolution of the Brazilian…
Inflation of Argentina increased 4.1 % in April
Inflation in Argentina during the month of April advanced by 4.1 % compared to the previous month, which represents a deceleration of 0.7 points compared to the March data, as published this Thursday by the National Institute of Statistics…
Support for Bolsonaro’s government falls
24% of Brazilians approve of the Government of the President of Brazil, Jair Bolsonaro, a percentage that constitutes the lowest approval index obtained by the president since he assumed the Presidency, according to a Datafolha survey.
The…
Snapchat opens its first office in Mexico
The company Snap, owner of the social network Snapchat, opened its first office in Mexico, which is part of an expansion process within Latin America.
Currently, the social network has about 265 million active users around the world, and…
Mercado Libre adds cryptocurrencies to its balance sheet
The most popular e-commerce platform in Latin America, Mercado Libre, announced its investment in bitcoin, as reported by the company through a report filed with the United States Securities and Exchange Commission (SEC).
The initiative…
Brazilian real loses value against the dollar
The exchange rate between the Brazilian real and the US dollar stood at 5.35 reais for every dollar this Thursday, which represents a decline of 1.68% compared to the previous day's price, after the Central Bank of Brazil decided at the…
IDB provided financing to Brazil for its digital transformation
The Inter-American Development Bank (IDB) granted Brazil a credit line of up to 1,000 million dollars to promote digital transformation in the South American country through better connectivity, the adoption of new technologies by the…
Inflation in Argentina continues to grow
Argentina's inflation advanced 4.8 % month-on-month in March, the highest level so far this year, which in the accumulated rate of the year is 13 %, according to data published this Thursday by the National Institute of Statistics and…
OECD warns about the growth of informal trade in Latin America
The Organization for Economic Cooperation and Development (OECD) warned that the crisis generated by the pandemic will cause strong increases in labor informality, inequality and poverty in several Latin American countries, so the…
Spain and the IDB will boost tourism in Latin America
Spain, through the Ministry of Economic Affairs and Digital Transformation and Segittur, will collaborate with the Inter-American Development Bank (IDB) to promote the smart tourist destinations (DTI in Spanish) model in Latin America and…