Costa Rica Financial News

Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution for the region.

Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.

the future of Nicaragua, represents a major erosion of democratic norms and the closing of civic space," said Brian Nichols, the State Department’s senior Latin America official, in a post on X, formerly known as Twitter. Rosario Murillo, Nicaragua’s vice president and Ortega’s wife, who acts as the spokeswoman for the regime, didn’t respond to a request for comment. Pope Francis is a Jesuit, an order known for centuries for its dedication to education.

Indonesia is all set to launch its own Golden Visa programme by the end of 2023. The popular tourist destination is working to change its immigration policy in order to promote foreign investment and attract international entrepreneurial and business talent. Speaking to reporters after a recent press conference Indonesia’s Minster for Tourism and Creative Economies, Sandiaga Uno revealed that the ‘golden visa’ will be rolled out by the end of the year. “We want to make sure that the Golden Visa offer is attractive for foreign tourists to invest and stay longer in Indonesia. We hope for certainty (launch) before the end of the third quarter,” Uno said. As per the initial announcement, the new residency-by-investment visa was slated to be available by June 2023.

A new ferry line for commerce moving through Central America began operating Thursday, directly connecting El Salvador and Costa Rica to the exclusion of Nicaragua and Honduras

By Brendan O'Boyle

A 29-year-old man, Jesus Alberto Lopez aka Chucho, lost his life to a crocodile attack over the weekend in the northwest province of Guanacaste in Costa Rica. The incident took place near the town of Santa Cruz, where Chucho jumped into the Cañas River from a bridge, unaware of the lurking danger posed by the crocodiles. Despite being abundant in Costa Rica's rivers and protected wilderness areas, crocodiles are known for their unpredictability and can quickly turn deadly when provoked or disturbed.

Costa Rican media has reported.Jesús “Chucho” Alberto López Ortiz was just 29-years-old when he died and leaves behind a wife and two children, Derian and Eithan, according to a statement from his soccer team, Deportivo Río Cañas.“With deep sorrow we make public the death of our player Jesus Lopez Ortiz (Chucho), may God rest his soul,” his team wrote.The young man jumped into the Cañas River near the town of Santa Cruz to bathe, according to his coach, despite the river being a known habitat for crocodiles.“Unfortunately, he made a wrong decision, and by going in for a bath, what happened, happened,” Luis Montes said.Witnesses were left horrified when the crocodile attacked López Ortiz and dragged him underwater. Police are unsure if the man died from drowning or injuries sustained from crocodile bites.A video of the gruesome attack was posted online, showing the crocodile swimming in the river with López Ortiz’s body still clenched in its jaws.

Prosecutors say a banker and media owner has filed a legal complaint against Costa Rican President Rodrigo Chaves, alleging that his administration interfered in his child custody dispute

Google is celebrating the Fifa Women's World Cup with a special doodle released on Sunday. Google's latest doodle will only be available in select countries including Canada, Iceland, Cuba, Costa Rica, United Kingdom, Ireland, Norway, Latvia, Germany, Italy, Bulgaria, Spain, Armenia, Zambia, Nigeria, Japan, Philippines, Australia and New Zealand. The search giant had announced a special multiplayer game to commemorate the opening day of the FIFA Women's World Cup on July 20.

Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent accusations, according to Terra’s new interim CEO Chris Amani.

Alexis Putellas finally made her entry into Spain's opener at the Women's World Cup against Costa Rica on Friday, the match was already won. The two-time Ballon d'Or winner waited 77 minutes to leave the bench, to enter the tournament and to provide an early answer to questions about her fitness after her long recuperation from injury. Putellas damaged the anterior cruciate ligament in her left knee just before Spain's European Championship campaign last year, returned for the first time in April and has been played sparingly since, mostly from the bench.

By Lucy Craymer

Alliance Aviation says it is on track to report better than expected profits after the number of fliers rose in the six months to June 30, with $100 million in new funding from financiers in the United States as it expands.

₹24 lakh for an Uber ride? Stunned, right? But a US couple on vacation in Costa Rica faced an exorbitant Uber ride fare where they had to pay $29,994 or roughly ₹24 lakh for a single trip. Douglas Ordonez and Dominique Adams were shocked to discover the staggering mentioned above, instead of the expected charge of around ₹4,500 ($55) due to a currency conversion mishap.  According to a report by the New York Post, Douglas Ordonez took to Twitter to express his frustration, stating, "Uber charged me $29,994 USD for an Uber ride in Costa Rica. They did not convert that into the Costa Rican currency $54 USD.

Gold Cup soccer tournament, which kicked off on June 24 and runs through July 16, the excitement continues to build. The highly anticipated 2023 Gold Cup is set to take place in 13 cities across North America this summer. Teams such as the USMNT, Mexico, Canada, Jamaica, and Costa Rica are expected to make strong runs in the tournament, adding excitement to the upcoming knockout round stage, which promises intriguing matchups. The matches will be hosted in various cities including Toronto, Arlington, Charlotte, Chicago, Cincinnati, Glendale, Harrison, Inglewood, Paradise, St. Louis, San Diego, Santa Clara, and Houston (twice). The USMNT aims to achieve a historic feat by becoming the first team to win consecutive Gold Cup titles since Mexico's triumph in 2009 and 2011. Meanwhile, the other participating teams are determined to break the trend of USA vs. Mexico finals, which have dominated the tournament since 2017.

octopus nursery off the coast off Costa Rica, over 2,800 meters beneath the sea surface. This is the third known brooding site discovered ever. This discovery also reinforced the idea that some species of deep-sea octopus seek out low-temperature hydrothermal vents for brooding their eggs.

Held on: Friday, June 30, 2023 Stadium: New Jersey Red Bull Arena Kick-off time: 8:30 pm ET Where to Watch: In the US, th

Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies. 

Terraform Labs co-founder Do Kwon was found guilty of using fake passports in a court in Montenegro on Monday. 

Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison.