Tagged: bitso

Cross-Border Payments: Bitso Business Chosen By Chile’s Andean Wide

Andean Wide —an international payments technology platform— announced that it has chosen Bitso Business —the Bitso B2B segment supporting the technology of cross-border payments— as its infrastructure solutions provider “to apply blockchain technology and expand its cross-border offerings with greater efficiency.” Andean Wide is a… Read More

Bitso, a Crypto-focused Financial Services Provider in LatAm, Integrates Solution to Enhance Ethereum Transactions

Bitso—the crypto-powered financial services company in Latin America—announced that it has integrated a third Layer 2 solution that will facilitate fast and efficient transactions with Ethereum thanks to the incorporation of the Optimism network. Optimism is a Layer 2 or “Layer 2” blockchain that works… Read More

Bitso Releases Data on Crypto Usage with Update on Digital Asset Landscape in Latin America

Bitso —the financial services company powered by crypto in Latin America— released the first edition of its Crypto Landscape in Latin America: Report H2 2023, in which it reveals the importance that “the use of blockchain and crypto assets have gained, both in the region… Read More

Bitso Shares Predictions for 2024

Latin American digital asset platform Bitso has distributed a list of predictions for 2024. Felipe Vallejo, Chief Corporate Affairs Officer at Bitso, the end of 2023 was positive for Bitso: “… not only because we reached 8 million users globally and 1,700 institutional clients, but… Read More

Latam: Bitso Reports USD $8 Billion in Payments During 2023

Latin American Fintech Bitso says it facilitated USD $8 billion in payments during 2023. Bitso said this represents a 60% increase versus 2020. The company claims that it provides services to more than 1700 companies leveraging blockchain technology to provide global transfers, payouts, and other… Read More

Latin America: Bitso Introduces eFX with Crypto Service Enabling Instant Global Transactions

Bitso —the financial services company powered by crypto in Latin America— announced the launch of its new eFX with Crypto service, which allows companies “to carry out immediate international transactions, in a regulated manner, with greater savings and security and without the need of a… Read More

Crypto Payments: Bridge21, Bitso to Enable Cross-Border Transactions from US to Latin America

Cross-border payments company bridge21 announced its partnership with Bitso, the Financial Company powered by Crypto in Latin America, in order “to expand their support for local payments from the US, throughout Latin America.” According to a report, the overall cross-border payment market “stood at $176.5… Read More

Digital Assets: Bitso Announces Rob Harrop as CTO to Support Crypto Tech Development

Bitso —which claims to be the leading financial services company powered by crypto in Latin America with 7 million users and 1,500 institutional clients— announced the appointment of Robert Dennis Harrop as the new Chief Technology Officer (CTO), a British specialist who has worked at… Read More

Latin America: Digital Asset Firm Bitso, Mobile Streams to Offer Sports NFTs

Bitso, the crypto-powered financial services company in Latin America with more than 7 million customers, announced its business partnership with Mobile Streams plc (MOS), the intelligence company data specialist, next-gen content specialist, and creator of Heroes NFT CLUB . Thanks to this alliance, Bitso will… Read More

LatAm based Crypto Firm Bitso Advances with ‘Test that Matters,’ Makes Initial Results Available to Public

Bitso, the crypto-powered financial services company in Latin America, today made public the progress of its “Proof that Matters” with which it “shows its solvency with cryptographic technology in all Bitcoin and Ether assets held on its platform, through the Zero-Knowledge Proof developed by Proven… Read More

Digital Asset Firm Bitso Reportedly Facilitated $3.3B+ in Institutional Crypto Transfers Between Mexico and US Last Year

Bitso, the cryptocurrency-powered financial services company in Latin America, surpassed more than $3.3 billion in transactions between the United States and Mexico in 2022 through its Crypto 4 Business service, “mainly used by remittance and payment processors.” This volume is triple the amount “processed by… Read More

Bitso Releases “Guiding Principles” for Self-Regulation, Promotion of Standard Best-Practices for LatAm Crypto Sector

Bitso, the cryptocurrency-powered financial services company in Latin America, has released the regulatory principles that “guide its operations and its strategic decisions in adherence with the highest industry standards.” At a time when the crypto industry is facing unparalleled doubt and scrutiny due to both… Read More

Latin America: Bitso First to Offer Circle’s Digital Euro

Bitso has become the first digital asset exchange to offer Circle’s Euro-based stablecoin, according to a note from the firm. This means customers may now choose to transact in either US dollars or Euros by leveraging Circle’s digital currency. Bitso offers services in various Latin… Read More

Bitso and Félix Pago Partner on Remittences from US to Mexico

Crypto platform Bitso has partnered with Félix Pago to offer a service to enable remittances from the United States to Mexico. Bitso is a leading crypto exchange in Latin America operating in Brazil, Colombia, Argentina and Mexico. Félix Pago is a provider of “chat remittance… Read More

Latin American Crypto Exchange Bitso Says All Funds are Safe, Plans More Metrics for Reserves

Prominent Latin American crypto exchange Bitso has posted all funds are secure during a time when some are questioning the viability of certain crypto marketplaces and counterparty risk associated with the FTX bankruptcy. Bitso said in a statement that it was going beyond proof of… Read More

Crypto Platform Bitso Launches QR Payments for Foreigners Visiting Argentina

Bitso, the cryptocurrency platform in Latin America, with more than 6 million users, “will enable users of its app from the entire region who travel to Argentina to pay for their purchases with crypto through QR, a very widespread payment method in the country.” This… Read More

Latin America: Bitso Tops 6 Million Users

Top crypto trading platform Bitso says it has surpassed 6 million users in Latin America while claiming it is in the midst of a growth spurt the fastest they have seen since its inception in 2014. Bitso states that in the past year, it has… Read More

Global Payroll Firm Via Teams Up with Latin America’s Crypto Platform Bitso

Via, a global payroll platform that helps hire and pay workers anywhere in the world in compliance with all local legal regulations, announced that it has opted for Bitso, the cryptocurrency platform in Latin America, to streamline international payments for workers using the power of… Read More

Latin America: Bitso Promotes Utilizing Crypto to Counter Inflation

Bitso, a Latin American crypto exchange reporting 5 million users, has distributed an email stating that Latam users can use crypto to counter the impact of inflation. Bitso reported that according to a study, the reasons for adopting cryptocurrencies are increasingly varied. The study highlights… Read More

Bitso Works with Africhange to Power Canada-Mexico Transfers

Top Latin American crypto exchange Bitso is collaborating with Africhange, an African-Canadian remittance platform that aims to enable payments cross-border from Canada to Mexico. According to a corporate statement, Africhange first focused on transfers between Canada and Nigeria – having processed around CAD 70 million…. Read More