News

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

Coins Legend February 22, 2023 0

Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power

Finance News

Crypto Dominates as Payment Method for Remote Workers in Latam

Coins Legend February 20, 2023 0

Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include the instability of some of the local fiat currencies, and the influence of high levels of inflation in the region. […]

Finance

Report: Bank of Spain Worried About Inflation and Its Consequences in Latam

Coins Legend July 18, 2022 0

The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still recovering from the Covid-19 pandemic. Bank […]

News

Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam

Coins Legend July 1, 2022 0

A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to […]

News

Visa Launches Bitcoin and Crypto Enabled Cards in Latam

Coins Legend June 21, 2022 0

Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto cash back through different fintech partners […]

News

Old Fashion Research Launches $100 Million Latam and Emerging Markets Crypto Metaverse Fund

Coins Legend May 31, 2022 0

A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the current downturn the market is facing. The fund, which will have $100 million at its disposal, will focus resources on metaverse investments and in carrying crypto projects to emerging markets […]