Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Politics

LATAM crypto news: Decrypto launches P2P platform in Argentina and Bitget receives license in El Salvador

admin by admin
April 13, 2025
in Politics
0
LATAM crypto news: Decrypto launches P2P platform in Argentina and Bitget receives license in El Salvador
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Latin America’s evolving crypto landscape continues to grow, showcasing great diversity.

Argentina’s headlines this week include the launch of a new peer-to-peer financing network from Decrypto.

El Salvador, on the other hand, continues to lead the way in LATAM cryptocurrency by granting a provider license to Bitget.

Decrypto launches P2P lending platform in Argentina

In response to the growing need for decentralized financial instruments in the Bitcoin ecosystem, Decrypto, a well-known exchange in Argentina, has launched a new peer-to-peer (P2P) lending platform.

This novel solution allows users to request USDT loans while utilizing Bitcoin as collateral, allowing them to gain liquidity without having to liquidate their crypto assets.

The project is aimed at those seeking financing choices while preserving their Bitcoin exposure, particularly amid bullish market situations.

Aside from easing credit access, Decrypto’s platform provides indirect tax benefits by allowing customers to utilize their assets as collateral without executing a transaction, potentially avoiding capital gains tax liabilities.

Borrowers and lenders can negotiate amounts and interest rates using customizable maturities ranging from 30 to 365 days, resulting in a more personalized financing experience.

Bitget receives digital asset provider license in El Salvador

This week, cryptocurrency exchange Bitget announced that the National Digital Assets Commission of El Salvador (CNAD) has granted it a license to provide digital asset services.

According to a press release on Bitget’s official website, this latest license would allow the company to provide a considerably greater range of services to Salvadoran customers, including spot and futures trading, staking products, and other performance-focused digital asset alternatives.

Hon Ng, Bitget’s legal director, emphasized El Salvador’s strategic relevance to the firm.

“Our company’s move to grow in El Salvador is linked to the country’s ongoing push to stay ahead of many with its progressive and transparent approach to Bitcoin and digital asset regulation,” Ng stated.

This regulatory framework makes El Salvador an appealing country for high-quality Web3 enterprises seeking to operate responsibly on a large scale.

Bitget intends to deliver a comprehensive array of services in a country that continues to build a favorable environment for crypto firms.

Ng also stressed Bitget’s global regulatory approach, which focuses on entering nations with existing cryptocurrency regulatory frameworks.

Bitget’s commitment to supporting jurisdictions that provide clear frameworks and encourage the development of a secure and efficient crypto economy is consistent with the growing trend of Web3 companies establishing operations in El Salvador, cementing the country’s reputation as a crypto-friendly destination.

Figment opens new office in Brazil, expanding its presence in LATAM

Figment, a prominent provider of staking infrastructure, has opened a regional office in São Paulo, Brazil, marking its entrance into Latin America.

This move demonstrates Figment’s commitment to the region’s rapidly growing blockchain ecosystem and the rising demand for institutional staking solutions.

In a recent interview with Cointelegraph Spanish, Figment expressed a desire to capitalize on local market potential.

Figment’s Head of the Americas, Josh Deems, expressed enthusiasm for the expansion, saying, “Latin America is one of our key growth regions for 2025, and we are excited to increase our presence here in response to customer demand.”

To lead this project, Figment has chosen Sthefano Batista as Head of Latin America.

With a strong background in firms such as Paradigm and MSCI, Batista’s responsibility will be to drive strategic expansion and strengthen partnerships with existing stakeholders across the area.

Figment’s new office in São Paulo will include specialists in operations and protocol functions, coinciding with the company’s global aim to assist blockchain network growth and success.

Batista stressed the goal of making Figment the preferred staking solution for the Latin American crypto community.

The post LATAM crypto news: Decrypto launches P2P platform in Argentina and Bitget receives license in El Salvador appeared first on Invezz

Previous Post

Interview: Trump family’s Bitcoin mining deal is a sign of industry legitimization and an ‘influencer endorsement,’ says GoMining CEO Mark Zalan

Next Post

How billionaire Caltagirone could influence Italy’s banking M&A wave

admin

admin

Next Post
How billionaire Caltagirone could influence Italy’s banking M&A wave

How billionaire Caltagirone could influence Italy’s banking M&A wave

Trending News

Detroit Three automakers face profit wipeout risk from proposed Trump tariffs

Detroit Three automakers face profit wipeout risk from proposed Trump tariffs

November 27, 2024
Eli Lilly stock gets a rare downgrade: what is HSBC concerned about?

Eli Lilly stock gets a rare downgrade: what is HSBC concerned about?

April 28, 2025
US weekly jobless claims unexpectedly fall

US weekly jobless claims unexpectedly fall

October 17, 2024
Subscribe to Insightful Word


    Recent News

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    June 5, 2025
    Ripple releases $2.18B in XRP, price dips 2%

    Ripple releases $2.18B in XRP, price dips 2%

    June 5, 2025
    Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    June 5, 2025
    Why Bank of America sees 13% upside on Roblox (RBLX)

    Why Bank of America sees 13% upside on Roblox (RBLX)

    June 5, 2025

    Recent News

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    June 5, 2025
    Ripple releases $2.18B in XRP, price dips 2%

    Ripple releases $2.18B in XRP, price dips 2%

    June 5, 2025

    Latest News

    • ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant
    • Ripple releases $2.18B in XRP, price dips 2%
    • Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.