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Crypto-block-fin news from Latin America.

Only users in Mexico will be able to use their national currency to buy or sell DAI. The most recognized cryptocurrency exchange platform in Mexico, Bitso, recently enabled the option to buy DAI in Mexican...
An analysis of scrutinized operations in LocalBitcoins during the 2019 blackout in Venezuela. The power outage had side effects on the exchange of Bitcoin in several countries in the region. A study on the behavior of...
The idea is to develop high-security checks, using a unique code to prevent fraud and avoid the issuance of counterfeit checks. Transparency, low cost, security, and the possibility of tracking real-time transactions are some of the...
Genbit faced a lawsuit for non-payment. Now, the company must pay significant compensation to the affected party. A court in Sao Paulo, Brazil, sentenced the cryptocurrency exchange house Genbit for not paying a client. In...
Binance introduces the possibility of making exchanges on its platform using the local currency of Mexico, Colombia, Brazil, Peru, and Argentina. A new update on Binance's P2P (peer-to-peer) platform will allow the buying and selling of...
Taxes on income stemming from the sale of cryptocurrencies vary, depending on whether they are local or foreign. Since October 2019, exchanges have had to report the transactions by their affiliates. The incorporation of cryptocurrency taxation...
A report states that criminals plan scams and money laundering in cryptocurrency wallets. The alliance of drug cartels and hackers is considered an emerging threat. Organized crime in Latin America might be being financed with cryptocurrencies...
Humberto Figuera, President of the Association of Airlines, stated that that the situation is confusing. In the center of the country, a municipal market already calculates lease payments in petros. Domestic and foreign airlines serving...
Josh Goodbody, Binance executive for Latin America, believes that regulation must be consistent with adoption. They believe that Latin Americans need new solutions to deal with economic chaos and censorship. Binance announced last December the...
The institution operates in Argentina, Brazil, Chile, and Europe and currently has almost 150,000 users. CryptoMarket, a Chilean crypto trading platform, obtained a license issued by the Estonian Financial Intelligence Unit (FIU). In this way, CryptoMarket...

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