Fintech

The firms are working to make this subset of cryptocurrency — which is designed to avoid wild swings in valuation — easier to adopt and more useful for routine transactions by focusing on "last mile, or user experience layer," says Jeremy Allaire, Circle's CEO.

Binance said it will not "unilaterally freeze millions of innocent users' accounts," but would block the accounts of individuals on sanctions lists.

During the weekend, there was some real action against Russia and specifically Vladamir Putin. The aim is to freeze Russia’s assets, worth around $630 billion, around the world. ‘A global financial pariah’: how central bank sanctions could hobble Russia The ban on Moscow’s use of its roughly $630bn of foreign …

Some $29.4 billion were deployed in Latin-American tech startups during 2021, up from a previous record of $16.8 billion.

Following approval by the Senate plenary, the bill will need to pass Brazil's lower house before President Bolsonaro veto's or approves

It has not been a smooth sail for smaller Mexican fintechs either, who have struggled to meet requirements.

Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.

The capital came from an early stage round led by Canary and DILA Capital; Mezubo offers used car loans

The Argentina-born banking sofware company reached a US$1,1B valuation when acquired by SoFi, one of the biggest fintechs in the U.S.