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Latam Insights: Inside Tether’s $20M Bet on Brazil, Operation Veil of Maya, and the Stablecoin Hold Dispute

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Tether backs Mercado Bitcoin with $10 million, Brazilian police attack an illegal crypto betting ring, and the 24-hour hold period for stablecoin transactions is contested in Brazil. Tether Expands Its Footprint in Latin […]

Bitcoin.com NewsBitcoin.com NewsSergio Goschenko12 Jul

Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin

The stablecoin giant announced that this investment will support Mercado Bitcoin’s expansion efforts in payment infrastructure, tokenized investment offerings, lending and credit, and on-chain capital markets. The move follows several capital injections by the company for several Latam-focused initiatives. Tether Announces $20 Million Strategic Investment in Mercado Bitcoin Latam markets and the companies regulated to […]

Bitcoin.com NewsBitcoin.com NewsSergio Goschenko10 Jul

Latam Insights: Regulators and Courts Move on Crypto in Brazil and Paraguay as Disaster Relief Hits Venezuela

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil proposes a 24-hour holding period for stablecoin remittances, two illegal bitcoin miners get convicted in Paraguay, and Binance pledges a $3 million donation to earthquake relief efforts in Venezuela. Brazil Proposes Mandatory […]

Bitcoin.com NewsBitcoin.com NewsSergio Goschenko29 Jun