WhatsApp has announced instant in-app fiat payments for over 120 million users in Brazil. WhatsApp has premiered fiat electronic payments on its platform, with Brazil becoming the first country to experience a nationwide release. According to a statement released by WhatsApp earlier today, users who have Visa and Mastercard debit or credit cards from Banco […]
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According to Ripple Head of Global Banking Marjan Delatinne, the company’s On-Demand Liquidity may soon be available in Brazil. Brazil could be the next area for crypto firm Ripple to reach with a cross-border payments corridor, which could lead to its use in other Latin American nations. In an interview posted to the ‘Future of […]
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Dash has announced a 104% rise in commercial payments through Q1 2020, along with increased adoption, trading volume and price performance. Privacy-oriented cryptocurrency Dash has announced its first quarter of 2020 financial report to investors, revealing solid growth in adoption and commercial payments. According to the report, commercial payments using Dash grew 104% for Q1, […]
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Ripple continues to expand its presence in Brazil, holding a meeting with officials at the country’s central bank. Ripple, the company associated with the XRP cryptocurrency, had a closed-door meeting with the central bank of Brazil on May 30 to discuss “institutional matters”. According to the financial institution’s website, its president Roberto Campos Neto had […]
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The Ethereum Foundation has postponed Devcon VI until 2021 and will host it in Bogota, Colombia. The Ethereum Foundation says it will not hold blockchain’s largest international conference Devcon VI this year and has moved the event to Bogota, Colombia in 2021 — although a precise date is yet to be announced Colombia is one […]
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A Colombian National Police report revealed that the country is the preferred target for ransomware attacks in Latin America. A study unveiled on May 28 by the National Police of Colombia shows that ransomware attacks are a rising trend across the country. The report notes that 30% of all ransomware attacks within Latin American have […]
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JPMorgan’s Quorum provides the infrastructure for many new financial projects thanks to unique features and a partnership with Microsoft Azure. According to a claim by Harvard Business Review, blockchain will do to banks what the internet did to the media. When it comes to the banks and financial organizations of today, blockchain has the potential to […]
Continue ReadingLocal authorities reopen the case against lenders who reportedly refuse to work with cryptocurrency firms. Brazilian banks that have denied service to cryptocurrency companies are now being scrutinized by local authorities, according to a recent report from Folha de São Paulo. On May 20, the Administrative Council for Economic Defense, or CADE, voted to reopen […]
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Advantages and challenges in the usage of blockchain in digital services provided by governments: Overview with a close look at Brazil. In a recent trend survey made by DMEXCO and presented at an event in Cologne, Germany, it was determined that although the world is currently suffering economically, the digital economy may greatly benefit after […]
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When Brazil’s central bank lowered its interest rates to 3%, potentially driving out some investors, it may have opened the doors for BTC. Bitcoin’s year-to-date performance compared to the Brazilian Real coupled with the country’s financial woes may help drive demand towards the cryptocurrency. According to a new report released May 11 by Delphi Digital […]
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