Tag: LatinAmerica

In Venezuela’s economy, disrupted by hyperinflation and United States sanctions, cryptocurrency is a way to provide services and a tool to send remittances, protect wages from inflation and help businesses manage cash flow, Al Jazeera reported. Cryptocurrency in Latin America has attracted attention again in June after El Salvador adopted Bitcoin as legal tender. Its…

Paraguay joins a growing fraction of Bitcoin believers in Latin America, as emerging markets worldwide could be the next big frontier for cryptocurrency usage and mining. The South American country is set to unveil a crypto bill following Bitcoin’s success story in El Salvador, said Carlitos Antonio Rejala Helman, a deputy of the Nation and…