Silvergate records show $425 million transferred to South American money launderers

According to recent reports, Detective Benjamin Dusenbery obtained bank account files for various digital cryptocurrency trading platforms from Silvergate and discovered ten organizations transferring illicit proceeds.

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Argentine Fintech Uala Launches Bitcoin, Ether Trading Feature

The service will be available to 4.5 million users in the South American country in the coming weeks.

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CloudWalk Is First Crypto Firm in Brazil to Become a Licensed Payments Institution

The company, which already has a stablecoin tied to the Brazilian real, was licensed by the central bank of the South American country.

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Record Number of Brazilian Companies Bought Crypto in August

According to the South American country's tax authority, 12,053 companies reported purchasing crypto in the month.

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A Boon For Crypto – Binance Expands In Brazil With 2 New Offices

Registered crypto users in Brazil are increasing at a consistently steady pace, despite the bear market rearing its ugly head. Based on latest data, the South American country has tallied more than 1 million registered crypto accounts for the month of July alone, adding to its nearly 35 million users, Brazilian tax authority Receita Federal […]

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Argentina’s Tax Authority Conducts First-Ever Raids on Secret Crypto Miners

According to the agency, three illegal crypto farms with irregularities were uncovered last week in the South American country.

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The Argentine Football Association Presents Duelbits as Online Betting Regional Sponsor

 AFA and Duelbits, the online betting platform, have entered into a commercial agreement for the South American territory (except Argentina), through which the company becomes a...

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Crypto Exchange Bybit Barred From Brokering Securities in Brazil

According to the CVM, Brazil's stock exchange B3 is the only one authorized to intermediate securities in the South American country.

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Colombia Explores Creating a CBDC to Combat Tax Evasion

As part of a tax reform program, the government of the South American country also plans to impose limits on cash transactions.

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Amber Group Brings Retail Trading Platform to Brazil

The platform, which has been operational in the South American country since June, will also enable the delivery of loans.

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Two Soccer Teams Transfer a South American Player Using USDC, But There’s Collateral Damage

The news was hailed as a historic event for South American football, but it could bring unexpected consequences for Argentinian club Banfield, amid local FX restrictions.

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Q3 2022 Ag Update

See what's happening in the CME Group Agricultural markets, including South American Soybean futures and Pork Cutout futures and options.

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Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay

The South American country with abundant hydropower wants to attract bitcoin miners.

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EHOLD Group Acquires Argentinian Crypto Exchange C-Patex

Latin America is currently dominating the world regarding integrating cryptocurrency into daily life. In 2021, the value of the South American crypto market exploded from $68 million to an incredible $650 million, a ten-fold increase.

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Argentina Seizes 1,269 Crypto Wallets Tied To Delinquent Taxpayers

When it comes to cryptocurrency, the South American country Argentina from crypto adoption to regulations, has a long list of hot topics. As well as, according to a recent news report by local media, the tax office in Argentina has confiscated more than 1,200 cryptocurrency wallets that were connected to delinquent taxpayers. The laws and […]

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Argentina To Shut Down Crypto Activities To Attain $45 Billion Loan, Says IMF

The South American country Argentina’s central bank released a statement on Thursday saying that the country’s financial sector is not allowed to provide services related to digital assets that are not regulated.

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Popular Chinese Artists Set to Launch ‘Wacky Gods’ NFT Collectibles

Popular Chinese artists, Jieying Li and Guillermo Fajardo who have long been working together as Jumping Limo, a design and art studio have announced the launch of their iconic South American deity figures as NFT collectibles dubbed “Wacky Gods”.

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Crypto Cards Cashback Offer Attract More Users In Argentina

Argentina’s businesses are adopting crypto cards as an alternative payment choice. After analyzing an increased circulation of cryptocurrency in South American countries, many wallets establish agreements with famous entities like Mastercard and offer attractive benefits to customers.

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Bitcoin App Strike In Argentina: Under The Hood

The Lightning payments app’s launch in the South American country was received with some confusion.

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Bitcoin App Strike Launches In Argentina

The South American country’s citizens now have access to a cash balance that can be used to save or transfer money without permission.

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Latin America accelerating on CBDC development: Peru joins the race

The South American country is working on a CBDC, and though it will not… The post Latin America accelerating on CBDC development: Peru joins the race appeared first on Coin Journal.

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How to Accept Bitcoin Payments & Donations [2021 Update]

Bitcoin has been touted as many things – a store of value, a means of exchange, and crazy magic computer money. Certain South American nations have considered BTC as legal tender. Online retailers are setting up crypto payment options as the most convenient way to trade internationally.

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Protests in El Salvador intensify following the passing of the Bitcoin Law

El Salvador made history on Tuesday as the Bitcoin Law came into effect, sanctioning the leading cryptocurrency as legal tender in the South American country. The post Protests in El Salvador intensify following the passing of the Bitcoin Law appeared first on CryptoSlate.

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Venezuela is launching a digital currency in October

The South American country is set to launch its CBDC in the coming months…

The post Venezuela is launching a digital currency in October appeared first on Coin Journal.

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South American Soccer Cup “Copa America” Trophy To Be Minted As An NFT

2021’s South American Soccer cup, “Copa America”, winner’s trophy will be minted as a Non-fungible Token (NFT). Ethernity Chain To Mint Copa America Trophy As An NFT The South American Football Federation (called “CONMEBOL”) has announced that it’s partnering with Ethernity Chain for minting the NFT.

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Q3 2021 Ag Update

See what's happening in the CME Group Agricultural markets, including South American Soybean futures and Pork Cutout futures and options.

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IBC Group to end Bitcoin and Ethereum Mining in China, and Move Staff to UAE, Canada, USA, Kazakhstan, Iceland, and Various South American Countries

The IBC group has significant Bitcoin and Ethereum mining operations across China and has over 1500 people employed in more than 40 cities. The group, which has...

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Bitcoin as legal tender – Paraguay follows El Salvador’s lead

South American nation, Paraguay, has proposed a bill that will legally recognize Bitcoin (BTC/USD) as its official currency. The move is coming after El Salvador made a similar proposal, making Bitcoin legally accepted for the payment of goods and services.

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South American Countries Are Interested In Adopting Bitcoin: Who Will Be Next?

Since Bitcoin was adopted as legal currency in El Salvador, the crypto world is watching and waiting for who will be next. There could be a few South American countries to vote for legalizing crypto and paving the way for crypto infrastructure sooner rather than later.

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Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance

Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […]

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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […]

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South American MercadoLibre Adds $7.8 Million worth Bitcoin to its Treasury

The online marketplace company also posted a larger quarterly loss, hit by a higher tax bill. Meanwhile, its fintech arm, Mercado Pago, reported a surge of 81. 8% in total payment volume during the pandemic.

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Q2 2021 Ag Update

See what's happening in the CME Group Agricultural markets, including our recently launched Ukrainian Wheat futures and options and South American Soybean futures.

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Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb

American multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday. The post Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb appeared first on CryptoSlate.

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Morgan Stanley reportedly set to buy Bithumb exchange for over $400 million

American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb.

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Morgan Stanley Eyes Bitcoin Exchange Acquisition After Crypto Rallies 1,500%

Key Bitcoin Takeaways A South Korean media outlet reported that Morgan Stanley plans to acquire Bithumb, a local bitcoin exchange. The news surfaced two days after the American banking giant decided to offer three Bitcoin funds to its rich clients via its traditional investment platform.

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Morgan Stanley Bidding for Stake in South Korea’s Top Crypto Exchange

The American banking giant is willing to acquire a stake in South Korea's top cryptocurrency exchange

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Q1 2021 Ag Update

See what's happening in the CME Group Agricultural markets, including our recently launched South American Soybean futures and Pork Cutout futures and options.

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Pizza Hut to accept Bitcoin for pies in Venezuela

Fast food chains like Burger King and Church's Chicken already accept crypto payments in the South American nation.

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Q4 2020 Ag Update

See what's happening in CME Group Agricultural markets, from our recently launched South American Soybean futures to our newly announced Pork Cutout futures and options.

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Central bank of Brazil forms a team for studying crypto

The cryptocurrency craze that has taken over central banks around the world has started taking a firm grasp in South American countries. According to recent information, the central bank of Brazil has now also developed a strong interest in digital currencies.

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Q3 2020 Ag Update

See what's happening in CME Group Agricultural markets, from our newly announced suite of South American Soybean products to our global pricing benchmarks.

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As Countries Start to Spiral Into Monetary Crisis, Will the World Ultimately Turn to Bitcoin?

In the past week, several countries’ fiat currencies have spiraled out of control. Specifically, the Lebanese Pound and the Argentinian Peso have both faced a massive drop in currency values. The Argentina situation before the pandemic was pretty bad as the South American country had been in a three-year recession before the coronavirus struck. A few […]

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Venezuela Bypasses Sanctions With Bitcoin Payments for Passports

The South American nation of Venezuela appears to have run a very brief trial accepting Bitcoin payments for passport applications. SAIME (the country’s Administrative Service for Identification, Migrants, and Foreigners) added the option yesterday for some overseas applicants before quickly removing it again.

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Ripple Execs, Led By CEO Brad Garlinghouse, Meet With Central Bank Of Brazil Officials in ‘Closed to the Press’ Meeting

Ripple Inc.’s, Brad Garlinghouse held a ‘closed to the press’ meeting with Brazil’s Central Bank officials on May 30th to discuss “institutional matters” in the South American country. Top officials from both Ripple and the Central Bank of Brazil held the meeting at 1700 hrs to 1800 hrs. What could be the motive behind the […]

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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose.

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Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default'

The economic situation in Argentina can be best described as 'fragile.' In fact, according to a recent report, the South American nation failed to make its $503 million payment which was due on WednesThe post Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default' appeared first on AMBCrypto.

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Banking Shut Down Drives Crypto Adoption Among Venezuelans

Venezuela is one of several South American nations to see growing P2P crypto amid strict coronavirus quarantining measures

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Renato Rodriguez – The South American Satoshi

Renato Rodriguez – The South American Satoshi Often dubbed as ‘The South American Satoshi’, Renato Rodriguez has made strides in introducing digital currencies to every household of South America.

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