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Tag: MercadoLibre

7 startups from Middle East shortlisted for the Underdog Tech Award – My Startup World – Everything About the World of Startups!

inDrive announces seven startups from the Middle East region have been shortlisted for the Underdog Tech Award after launching the 1st edition last September...

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Digital Wallet Market Share: Exploring the Most Promising Regions For Payment Apps | SDK.finance

Can you imagine a world without payment cards?The absence of electronic payments would disrupt our financial system and our daily lives. Slower transactions, limited...

Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts

argentinianThe Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt collection was suspended during the Covid-19 pandemic period. […]

Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM


Mercado Libre, a publicly traded retail giant based in Argentina, has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group. (Read More)

Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin

mercadolibreMercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With these investments, the platform gets closer to cryptocurrency, having already bought bitcoin as a direct investment for its treasury, and offering the possibility of investing in crypto for its users in several countries in Latam. […]

Argentine fintech Ualá buys Mexican bank ABC Capital

Argentine financial services startup Ualá has reached an agreement to buy Mexican bank ABC Capital SA, as part of its bid to keep...

Delivery app Rappi partners with Visa to launch credit cards in Brazil

By Jimin Kang SAO PAULO (Reuters) - SoftBank-backed delivery app Rappi is launching credit cards for its users in Brazil, expanding its financial...

Polygon (MATIC) and Loopring (LRC) Technical Analysis: What to Expect?

Polygon and Loopring prices posted substantial gains over the weekend. MATIC/USDT is firm above $1 while LRC/USDT is bottoming up, rocketing from $0.19.

DLocal deal opens door for global sellers on Amazon.com Brazil marketplace

By Jimin Kang SAO PAULO (Reuters) - Uruguayan payment startup dLocal Ltd said on Tuesday that it had struck a partnership with Amazon.com...

Big Bitcoin Investors – Who They Are: In Tesla’s Footsteps

A couple of years ago, large companies considered it a good form to throw stones at the crypto industry, with Bitcoin and other popular cryptocurrencies coming under heavy criticism. Today, many market participants have been forced to radically alter their view of this new financial instrument and even join the crypto community. What’s the reason […]

Bitcoin Suffers From Elon Musk’s Remark, But A Weekly Gain Is Possible

Bitcoin suffers from Musk's remark on Twitter, “#Bitcoin” with a broken heart emoji and a reference to Linkin Park's iconic song In the End.

The Real Estate Transaction Turned Rollercoaster By Dogecoin And Elon Musk

Elon Musk strikes again! Via Yahoo! Money we receive the story of Kyle Seyboth, a Rhode Island realtor. He accepted 160,000 DOGE, “worth about $50,000 (or around $0.31 per digital coin) at the time” for a plot of land. While the people involved in the Real Estate deal sorted out the contracts, DOGE went to […]

Is Argentina Going Bitcoin?

Buenos Aires

Argentina’s Amazon, MercadoLibre, has quietly announced in a SEC filing they bought nearly $8 million worth of bitcoin as part of their treasury reserves strategy. “As part of our treasury...

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