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Crypto Remittances Prove Their Worth in Latin America

Crypto Remittances Prove Their Worth in Latin America

Crypto remittances are growing in Latin America, particularly in the wake of other remittance platforms shutting off access to some markets.

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Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic

The number of crypto criminals using so-called privacy wallets to help hide their identities is on the rise, according to analytics firm Elliptic.

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Crypto exchange Bitso raises $62 million as it eyes expansion in Brazil

Bitso, a crypto exchange operator based in Mexico, has raised $62 million in a funding round led by QED Investors and Kaszek Ventures.

The post Crypto exchange Bitso raises $62 million as it eyes expansion in Brazil appeared first on The Block.

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Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.

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Bitcoin’s Rising Popularity With Investors Means Gold Will ‘Suffer’: JPMorgan

“The adoption of bitcoin by institutional investors has only begun, while for gold, its adoption by institutional investors is very advanced,” a JPMorgan managing director wrote in the report.

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MicroStrategy, Raising Funds to Buy More Bitcoin, Boosts Notes Offering to $550M From $400M

The story is developing and will be updated with additional information.

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A source at French Finance Ministry confirms that stricter rules are coming for the crypto sector

A source in the French Finance Ministry, with knowledge of the development, has confirmed The Block’s reporting from yesterday that said stricter measures are coming for the country’s crypto industry. 

The post A source at French Finance Ministry confirms that stricter rules are coming for the crypto sector appeared first on The Block.

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First CoinSwap Test Could Herald an Era of Stronger Bitcoin Privacy

“A big day for bitcoin privacy” said developer Chris Belcher as he announced a test transaction implementing a promising privacy technology invented years ago

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First Mover: Why Wells Fargo Won’t Recommend Bitcoin to Clients

A Wells Fargo unit doesn’t recommend bitcoin to clients, since they can’t yet hold cryptocurrency in their accounts. What if that ever changed?   

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One of the World’s Oldest Banks Is Issuing a Euro Stablecoin on Stellar

Germany’s Bankhaus von der Heydt is working with Bitbond for the first direct issuance of a stablecoin by a bank on Stellar, the firms said.

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