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Showing posts with the label latin america

Binance introduces Send Cash Service in nine countries in Latin America

Binance expands its Latin American footprint with Send Cash in nine countries , aiming to facilitate remittances and cross-border payments. Binance has extended its footprint in Latin America by introducing Send Cash— a new service offering low-cost crypto transfers in the region. This announcement comes as positive news for the Latin crypto community, as Binance stopped its crypto debit card services in the region last week. This development amplifies the use of Binance Pay, the company’s payment gateway, allowing individuals across the region to send funds to local bank accounts. Initially, the feature will only be available for recipients with bank accounts in Colombia and Argentina, but it will soon be rolled out to seven other countries . Send cash. Instant. Low fees. https://t.co/sqBnIAqABQ — CZ Binance (@cz_binance) August 29, 2023 The feature will be available to users in Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, Dominican Republic, Pana...

Tether CTO stays silent on Bitcoin mining locations

Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that. Paolo Ardoino, chief technology officer of stablecoin issuer Tether (USDT), recently found himself addressing rumors about images of large industrial containers online. These speculations led him to rejecting questions about where Tether is mining Bitcoin (BTC).  In a post on X (formerly known as Twitter) published on Aug. 26, Ardoino shed light on the curiosity sparked by the photo he shared on Aug. 24. The image displayed a container with a photoshopped Tether Energy logo, leaving many people pondering over what it's all about.  One of #Tether energy production and #Bitcoin mining sites coming along well. pic.twitter.com/6Z8o6A5OaE — Paolo Ardoino (@paoloardoino) August 24, 2023 He clarified that the photo shows a control room at a Bitcoin mining site that Tether is currently completing and will soon begin ...