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Финансы

Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues

Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets.

The bear market downturn in the cryptocurrency and equity markets has led to growing layoffs by crypto firms. (Getty Images)

Финансы

Top Latin American Crypto Exchange Bitso Lays Off 80 Employees

The company, which had more than 700 workers before the cuts, counts four million users in the region.

Daniel Vogel, CEO y cofundador de Bitso. (Bitso)

Политика

Buenos Aires City to Allow Residents to Make Tax Payments With Crypto

The crypto will be converted to Argentine pesos by crypto firms before being given to the city, said Mayor Horacio Rodríguez Larreta.

Buenos Aires, Argentina (Sasha Stories/Unsplash)

Финансы

Latin American Crypto Exchange Bitso Hires New Brazil Chief

The executive once had leadership roles at Citibank and HSBC.

Thales Araújo de Freitas, the new country manager of Bitso's Brazil operation. (Bitso)

Видео

Could Bitcoin Become Legal Tender in Mexico?

Mexican senator Indira Kempis recently introduced a bill proposing that bitcoin become legal tender in the country. Felipe Vallejo, chief regulatory officer at Mexico-based crypto exchange Bitso, the first crypto unicorn in Latin America, joins "Community Crypto" to weigh in on whether that prospect could become reality by following El Salvador's example.

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Финансы

Latin American Delivery Unicorn Rappi Launches Crypto Payments Pilot

The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform.

Conductor de Rappi en Playa Del Carmen, México (Artur Widak/NurPhoto via Getty Images).

Финансы

Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges

A cocktail of inflation and devaluation is generating a crypto boom that players such as Binance, Coinbase and Crypto.com do not want to waste.

Brazilian flag (Shutterstock)

Финансы

Latin American Crypto Exchange Bitso to Sponsor São Paulo Football Club

The three-year partnership with the team will enable fans to purchase tickets and merchandise with cryptocurrencies.

Hernanes #15 (center) of Sao Paulo celebrates with his teammates after scoring a goal at the Morumbi stadium on Aug. 30, 2020, in Sao Paulo, Brazil. (Alexandre Schneider/Getty Images)

Финансы

Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative

The Bitso Shift initiative will allow Mexican businesses to make cross-border transactions more securely and easily.

mexico-exchange-fintech-law

Финансы

Bitso Is Providing the ‘Core Service’ for El Salvador’s Chivo Bitcoin Wallet

The company will also work with Silvergate Bank to facilitate transactions in U.S. dollars

A person purchases a bottle of Coca-Cola from a shop that accepts Bitcoin in El Zonte, El Salvador, on Monday, June 14, 2021. El Salvador has become the first country to formally adopt Bitcoin as legal tender after President Nayib Bukele said congress approved his landmark proposal. Photographer: Cristina Baussan/Bloomberg via Getty Images

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