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Tag: MercadoLibre

Jeremy Allaire On Circle’s ‘Multi-Decade’ Strategy And Where Stablecoin Regulation Is Headed – CryptoInfoNet

Circle’s CEO says his plan is to focus on building the most compliant, transparent, regulated, market neutral infrastructure, and the rest will follow. Posted September...

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Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears

Bitcoin (BTC) price broke above $22,500 on Jan. 20 and has since been able to defend that level — accumulating 40.5% gains in the...

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...

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.

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...

Another U.S. public listed company just bought $7 million in Bitcoin

MercadoLibre (Nasdaq: MELI), Latin America’s leading e-commerce technology company, has purchased a small amount of Bitcoin, as per a filing yesterday with the US Securities and Exchange Commission (SEC).

The post Another U.S. public listed company just bought $7 million in Bitcoin appeared first on CryptoSlate.

NASDAQ-Listed MercadoLibre Purchases Bitcoin as Part of their Strategy

The Latin American technology retail firm listed on NASDAQ, MercadoLibre recently disclosed that they have made an investment of $7.8 million in Bitcoin.

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