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latin america
Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding
The company plans to reach $16 million by the end of a second closing.

Tokenized Asset Issuer Backed to Offer Crypto RWAs in LatAm With eNor Securities
ENor Securities, an exchange based in El Salvador, will offer Backed’s bTokens to retail investors in Latin America.

Binance to Withdraw Debit Card in Latin America, Middle East
The cryptocurrency exchange said the card service will terminate in the Middle East on Aug. 25 and in Latin America on Sept. 21.

Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.

Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs.

Crypto Exchange Bit2Me Raises $15M to Grow in Spain and Latin America
The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica.

Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month.

Stablecoins Gain Traction as Inflationary Shield in Latin America With Growth in Europe
Despite the bear market and the latest banking turbulence, users in Latin America and Europe continue to embrace stablecoins, but in a very different way.

Latin American E-Commerce Giant Mercado Libre Expands Crypto Trading to Chile
The company launched the service in partnership with Ripio, a regional crypto firm.

Latin American Stablecoin Adoption Expected to Grow Amid High Inflation
Crypto winter didn’t slow down stablecoin use in Latin America in 2022.
