Global Startup Funding Grows During Q1 of 2024

Leaving behind two challenging years for the technology market such as 2022 and 2023, the first quarter of 2024 seems to change the market trend. Facing an international macroeconomic economy with better indicators compared to the last four-month periods, the technology market seems to show a positive funding trend. CrunchBase reported that this first quarter closed with a 6% increase in fundraising compared to the previous quarter. The media added that the artificial intelligence industry was one of the strongest, obtaining 17% of the funding for the technology sector worldwide,…

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The Role of Cryptocurrency in the Financial Inclusion in Latin America

Cryptocurrencies have gained a lot of traction in Latin America in recent years. This region has been characterized by significant economic problems such as a loss of confidence in local currencies, high inflation levels, and a large percentage of the population lacking access to traditional banking services. According to data provided by Statista, the cryptocurrency market in Latin America is expected to reach a value of 1.6 billion dollars during 2024, expecting a growth of an annual compound rate of 10.32%. In this sense, more and more people are trying…

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The Monetary Authority of Singapore announces new crypto regulations – Will it Affect Market?

Under the new regulations, customer digital assets must be segregated from the service provider’s assets, offering an enhanced safeguard against the risks of misappropriation and insolvency. A key feature of the updated guidelines is the requirement for service providers to store 90% of customer assets in cold wallets, which are not connected to the internet, thereby significantly reducing the vulnerability to cyber theft. The Monetary Authority of Singapore (MAS) has announced the implementation of new financial regulations targeting the cryptocurrency industry. The new regulations will enter into effect starting from…

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Unveiling Europe’s Cryptocurrency Renaissance: Exploring Factors and Use Cases Driving Adoption

Countries like Switzerland, the Netherlands, and France are leading crypto adoption in Europe. In Switzerland, for example, 25% of the population owned cryptocurrencies during 2023. Decentralized finance (DeFi) has played a key role in the development of the European cryptocurrency market. In recent years, the cryptocurrency market has grown drastically. Europe has been one of the regions with the fastest growth in terms of cryptocurrency adoption internationally. According to data provided by Statista, the cryptocurrency market is projected to reach US$13.6 billion in 2024. Revenue is expected to show an…

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