Colombia Financial News

22.07 / 00:15

business Mercado Bitcoin plans to expand to Mexico

Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval.

22.06 / 00:13

Law Bitcoin Colombia's new president seems to be a fan of Bitcoin

Gustavo Petro, who recently won the 2022 Colombian presidential election, has previously made statements in favor of cryptocurrencies.

17.06 / 12:37

UPS VISA Bitcoin Visa launches ‘Bitcoin Cashback’ cards in Brazil and Argentina

Teaming up with fintech startups and firms in the region, Visa will issue cards that allow users to receive Bitcoin cashback with every payment made.

26.05 / 05:51

Adoption Survey NOT Developing countries love the Metaverse, rich nations not keen: WEF survey

Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the World Economic Forum (WEF).

19.05 / 10:15

cryptocurrency Reuters Platform Bitcoin Bitso, A Mexican Crypto Platform, Begins Operations In Colombia

Mexican cryptocurrency platform Bitso launches in Colombia

06.05 / 19:27

Europe Drugs abortion rights Record quantities of cocaine seized in Europe, EU agencies warn

Record quantities of cocaine are being seized in Europe as the market expands, two European agencies warned on Friday.

06.05 / 08:23

Law Banks South America Argentina’s central bank steps in to block new crypto offerings from banks

The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of the country's largest banks signaled they were opening up to digital assets.

02.05 / 16:19

business Law Adoption Bitcoin El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says

El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet.

01.05 / 14:21

cryptocurrency Provident cryptocurrency news Bitcoin Virtual assets Cuba's Central Bank Issues Regulations For Virtual Assets Service Providers

Cuban central bank issued regulations last Tuesday for virtual asset service providers

21.04 / 03:21

Adoption regulation Latin America regulatory Argentina Launches Regulatory Sandbox for Crypto Innovators & Investors

Argentina is edging toward crypto regulation – as well as further adoption – with a new “innovation hub” that will allow regulators, investors, and crypto startups to work together.

14.04 / 15:09

Ethereum Adoption Bitcoin Top Latin America delivery app to accept crypto

Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments.

28.02 / 14:55

business Payments VISA South America businesses Tribal partners with Visa to expand credit options for businesses

Crypto-focused enterprise payment platform Tribal Credit has partnered with Visa to expand credit and financing options for small- and medium-sized enterprises across Latin America, highlighting the growing synergies between traditional payment providers and the blockchain industry.

20.02 / 17:45

business Blockchain Adoption South America NFTs, payments and conferences: Crypto in Latin America in 2021

In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region.

15.02 / 13:03

cryptocurrency Adoption Bitcoin Canada Joins Lebanon and Turkey in 'Bitcoin's Marketing Team'

The Deputy Prime Minister and Finance Minister of Canada has claimed that banks in the country could be asked to immediately freeze or suspend the bank accounts of individuals in the country, as the “truck drivers’ protest” over Canadian COVID-19 restrictions continues.

15.02 / 04:15

cryptocurrency Latin America Tax Critics Hit Back at Colombia’s Retrospective Crypto Tax Plans

The Colombian government wants citizens to declare their crypto holdings – but industry figures claim this will just force crypto advocates and their coins onto overseas platforms.

11.02 / 12:35

Platform Strategy MasterCard Top Latin American Crypto Exchange Bitso Enters Colombia

Bitso, one of Latin America's largest cryptocurrency exchanges, said Thursday it will enter the Colombian market, hiring former Mastercard executive Emilio Pardo as its new country manager.

10.02 / 22:17

business Adoption Bitcoin Top Latin American exchange Bitso officially expands to Colombia

Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia.

03.02 / 17:25

business Latin America Funding South America Crypto-focused enterprise payment platform Tribal Credit raises $60M

Crypto-focused enterprise payment platform Tribal Credit has raised $60 million in an oversubscribed investment round, putting the company on track to continue its expansion in Latin America — a region that has seen significant uptake of blockchain-based cross-border payments.

02.02 / 13:32

Government Adoption Gemini Bitcoin tax evasion Colombia clamps down on crypto tax evasion as adoption thrives

Down in Bogotá, cryptocurrency adoption is raging on. Colombia’s tax authority, the DIAN, (Dirección de Impuestos y Aduanas Nacionales de Colombia) has begun to catch up. It seeks to take “special measures” to crack the whip on cryptocurrency tax avoiders.

15.01 / 12:21

Adoption South America ATM Bitcoin Uruguay reportedly installs its first Bitcoin ATM

Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement, South America hosted 79 ATMs, which represented 0.2% of global BTC ATM installations.

06.01 / 17:31

business Stablecoin Latin America credit cards Tribal Credit raises $40M in 'hybrid' debt round funded by dollars and stablecoins

Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America.

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