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.
Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to…