The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-En...

The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-En...

Cryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa and Mastercard respectively, as an answer to the rise of the popularity of crypto in the region. Crypto Cards Galore in Latam The separation of the crypto market and the traditional banking world is disappearing, as more and more banking institutions are adopting crypto and offering crypto services to....


Related News

Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in...

Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology to avoid unnecessary and often confusing cash exchange transactions in the region, where there are multiple dollar exchange rates. Bitso Launches QR Payment Service for Travelers Bitso, one of the leading cryptocurrency exchanges in Latam, has launched a QR-based payments service that aims to allow....

Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Meta...

Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is expanding to Spain. Ripio Launches Educational Crypto Book Ripio, a Latam-based exchange, made some announcements regarding its product offerings earlier this week. The company presented two products directed to improve the....

Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Col...

Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy for the company, just when it had announced its expansion to Colombia. Crypto Exchange Bitso Lays Off Over 10% of Its Employees Bitso, one of the first cryptocurrency unicorns in Latam, has announced it is taking measures to preserve the operation of the company during the current market....

Latam Based Exchange Bitso Gets Unicorn Status After $250 Million Funding Round

Bitso, one of the biggest cryptocurrency exchanges in Latam, has reached unicorn status after a funding round that managed to raise $250 million with the participation of some big names in the cryptocurrency world. The company announced it would use these resources to expand its operations and keep growing in its core markets, including remittances. Bitso Reaches Unicorn Valuation After Series C Funding Round Mexico-based exchange Bitso has become the first LATAM cryptocurrency unicorn, after getting a valuation of $2.2 billion on its Series C funding round. The round got participation....

Ripio Launches Prepaid Card That Pays 5% Bitcoin Cashback In Brazil

In partnership with Visa, Ripio Card allows users to earn 5% cashback in bitcoin on all prepaid purchases across the world until October 31.