Latin America is ready for crypto — just integrate it with their payment systems
Brazil is already leading the globe in cryptocurrency adoption. Integrating crypto with payment providers in the region is a surefire way to see Latin America fully embrace the industry. Thriving on exploiting users’ data, Web2 monopolies like Facebook and Google have ushered in an era of massive internet centralization in recent years. This concentration of power has enabled huge shares of communication and commerce closed platforms, giving users little control over how their data is collected.An emerging concept, Web3, will provide a means to pivot from centralization to an open-source....
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Beginning Monday, technology enthusiasts in Brazil became able to convert the Brazilian Real to Bitcoin using a Bitcoin vending machine, also known as a Bitcoin ATM. The unveiling marks the first Bitcoin ATM to be installed in Latin America, with a permanent position at a Sao Paulo bar which is already accepting Bitcoin. As the popularity of digital currency in Latin America continues, many businesses and individuals are taking advantage of the benefits that this new payment method provides. For businesses in developing countries, Bitcoin gives businesses the ability to end costly trade....
MercadoLibre, one of the Latin America's leading online marketplaces, has announced its plans to integrate Bitcoin into its payments platform MercadoPago. The announcement arrived in an email to users, describing how MercadoLibre is working towards introducing innovative and easy payment methods for its customers. While stating that Bitcoin would keep its merchants' "one foot in future", the e-commerce marketplace promised transparency and speediness in its new payment option. However, the mail shied away from mentioning the countries in which the Bitcoin payment button will be available.....
Comments added from Alberto Vega, BitPay's Regional Manager for Latin America. Latin American e-tailer Famsa is now accepting bitcoin for online purchases. The chain, founded in 1970, sells a variety of consumer goods and electronics across Mexico and the US. It is processing transactions via Atlanta firm BitPay. The news follows last month's announcement from MercadoLibre - the 'eBay of Latin America' - that it would integrate bitcoin, and a deal between Mexico's BitPagos and Entrepids to allow e-commerce stores to accept the currency. Alberto Vega, BitPay's regional manager for Latin....
Is Latin America in the eye of the storm that’ll reshape the world? The region certainly benefits from the existence of Bitcoin and other cryptocurrencies. Latin America needs hedges against inflation and a quick and easy way to send remittances. The cheaper the fees, the better. And when you truly need something, you’re bound to […]
NewsBTC has become one of the leading sites in the world of bitcoin, and has shown impressive growth since it was founded in 2013. Now, NewsBTC has teamed up with Emdyp, entering into a franchise agreement. The agency will herein become NewsBTC Latin America. Emdyp is a Chilean startup focused on the use of bitcoin technology and its different applications. The company offers innovative solutions and services to national and international clients, and it´s currently lunching several projects that will help on the difussion of cryptocurrencies and of Bitcoin technology. Latin America is a....