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Bolivia is witnessing a surge in cryptocurrency adoption as Meru launches a blockchain wallet that integrates with Visa, Mastercard, and MoneyGram, targeting freelancers across Latin America. The wallet, built on the Stellar blockchain, offers self-custody and DeFi features, facilitating over 50,000 transactions worth more than $13 million. With cryptocurrency transactions exceeding $75 million in just four months, the trend reflects a growing demand for digital financial solutions in the region.
VPBank has announced a new cash withdrawal limit for its international credit cards, effective from January 1, 2025. The total maximum cash withdrawal limit is set at VND 100 million per month, with VND 10 million for ATM/POS/QR code transactions and VND 90 million for telephone/VPBank NEO transactions. Customers can withdraw amounts within the available limit of each card type.
Meru has launched a blockchain wallet in Bolivia, integrating with Visa, Mastercard, and MoneyGram, targeting freelancers across Latin America. The wallet, built on Stellar's blockchain, allows self-custody and DeFi returns, reflecting a surge in cryptocurrency transactions exceeding $75 million in four months. With over 50,000 transactions processed, Meru aims to enhance digital payment adoption and support remote workers in the region.
MetaMask has launched its debit card in Brazil, Mexico, and Colombia, enabling users to seamlessly convert crypto to fiat for daily transactions at any Mastercard-accepted location. This initiative aims to bridge traditional finance and decentralized assets, enhancing the practicality of cryptocurrencies without relying on exchanges. The card supports various digital assets, initially focusing on Linea network tokens, and is part of MetaMask's broader strategy to expand DeFi solutions in Latin America.
Binance will list Velodrome Finance (VELODROME) across multiple services, including Simple Earn, Buy Crypto, Convert, Margin, and Futures, starting December 13, 2024. Users can subscribe to VELODROME on Simple Earn, purchase it via various payment methods, and trade it against BTC and USDT with zero fees. The VELODROME Perpetual Contract will also be available with up to 75x leverage, launching on the same day.
The recent announcement of the Meme Bank platform by Choise.ai is expected to enhance the utility of the $CHO token, which has already seen a 700% increase this year. With strong technical indicators and growing community interest, $CHO is poised for potential price growth, aiming to reach its yearly high of $0.14. The ongoing development of the Choise.ai ecosystem, coupled with possible new exchange listings, further supports this bullish outlook.
Zacks Equity Research highlights recent performance and outlooks for major stocks, including Mastercard, Procter & Gamble, and Novartis. Mastercard has seen a 25.6% increase in shares, driven by acquisitions and digital solutions, though high operating expenses pose risks. Procter & Gamble outperformed its industry with a focus on sustainability, despite challenges in Greater China and currency volatility. Novartis faces concerns over patent losses and increased generic competition, impacting its stock performance.
Ethereum is at the forefront of blockchain innovation, serving as the backbone for decentralized finance, digital collectibles, and more. With upcoming upgrades poised to enhance transaction capabilities significantly, its long-term investment potential is compelling, despite inherent risks and market volatility.Prominent institutions are increasingly adopting Ethereum, and analysts predict substantial price appreciation, with estimates suggesting values could reach $14,000 to $20,000 per token by 2025. Investors are encouraged to approach this dynamic landscape with thorough research and a diversified strategy.
Bahrain's Crown Prince Salman bin Hamad Al Khalifa has become the first recipient of a Crypto.com card powered by Mastercard, marking a significant milestone for the country's digital finance sector. This partnership allows transactions at over 150 million locations globally and offers an 8% reward on spending, showcasing Bahrain's commitment to innovative financial technologies. The move positions Bahrain as a fintech hub in the region, potentially attracting more companies and investments while influencing other nations in the Gulf Cooperation Council.
Almond FinTech has won the CrossTech Innovation Award for the second consecutive year, recognized for its "2024 Crypto Payments Solution in the Cross-Border Industry." The company’s Settlement Optimization Engine enhances global transactions by using crypto as a bridge currency, ensuring faster, more affordable, and transparent payments across 10 countries and over 30 digital currencies.CEO Adam Swartzbaugh emphasized the team's commitment to innovation, addressing current and future financial challenges. The award highlights Almond's leadership in transforming the cross-border payment landscape, as noted by CrossTech COO Priscilla D’Oliveira.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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