Binance launches crypto-to-bank account payment product in Latin America
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia.
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia.
Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia.
Despite slumping in global crytocurrency markets, Bitcoin has jumped to new highs in Argentine after BTC-friendly presidential candidate Javier Milei won the primary vote on August 13.
Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election.
Worldcoin project has remained controversial right from its announcement and is currently facing regulatory trouble in multiple jurisdictions where it has launched.
The Agency for Access to Public Information in Argentina was the latest government body to investigate Worldcoin, with reports suggesting probes in Germany, France and Kenya.
Fernando Pérez Algaba reportedly ran a crypto trading business in Argentina and is suspected to have been murdered by a professional outfit.
Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020.
The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively.
Bitcoin price strength continues into a weekly close that analysis says should stay above $30,000.