tinian

The Argentina-based fintech company Pomelo has completed a $55 million Series C funding round, led by Kaszek and Insight Partners, aimed at deepening its presence in the Latin American market and expanding its global business.The funds will be used to expand its credit card payment processing operations in Mexico and Brazil, and to launch a global credit card settled in the stablecoin USDC. Pomelo also plans to develop a real-time and smart agent payment system that can operate across borders, serving traditional banks and large international clients, with current partners including Visa, Mastercard, Binance, and Western Union.

According to Cointelegraph, the Argentine cryptocurrency exchange Lemon has launched a Bitcoin-backed Visa credit card, allowing users to lock Bitcoin as collateral to obtain credit in pesos without having to sell their crypto assets.Users only need to lock 0.01 Bitcoin (approximately $960) as collateral to receive an initial credit limit of 1 million pesos. Lemon plans to expand the product's features in the future, allowing users to adjust collateral and credit limits, and ultimately settle dollar-denominated purchases directly using stablecoins pegged to the dollar, such as USDC or USDT.

ChainCatcher news, according to Protos, the post-war plan being developed by the Trump administration shows that the United States may offer digital tokens to Palestinians in exchange for their "voluntary" departure from the land of Gaza. The plan is called the "GREAT Trust Proposal," which aims to redevelop vacant land into several large projects, including six to eight "AI-driven smart cities," an "Elon Musk Smart Manufacturing Zone," and a "Trump Riviera" inspired by Dubai's artificial Palm Islands.Those who agree to exchange land for tokens will be allowed to return to Gaza 10 years after the reconstruction is completed and exchange tokens for ownership of the reconstructed housing. The plan also involves creating a blockchain-based land registry for Gaza, selling and distributing tokens to investors, and ultimately seeing the tokenization rights of Gaza land in the secondary market.

ChainCatcher news, according to The Block, an Argentine blockchain developer using the alias "Fede's intern" claimed to have been detained in Izmir, Turkey on August 11. It is alleged that the Turkish Ministry of Interior accused him of assisting others in "abusing Ethereum," although specific details of the charges have not been disclosed.The developer stated that he has currently obtained assistance from a legal team and emphasized that his team is only engaged in infrastructure development.It is reported that this developer is associated with the investment firm Lambda Class and the blockchain solutions company Aligned.

ChainCatcher news, according to Jinshi Data, Trump stated that Canada has just announced its support for the establishment of a Palestinian state. This will make it very difficult for us to reach a trade agreement with them.

ChainCatcher news, according to Cointelegraph, the Governor of the Northern Mariana Islands, Arnold Palacios, vetoed a bill that would allow the local government of this U.S. territory to issue stablecoins. In a letter dated April 11, Palacios stated that the bill has multiple legal issues and may be unconstitutional.The bill was originally intended to allow Tinian Island, with a population of just over 2,000, to issue a stablecoin called MUSD (Marianas US Dollar), which would be fully backed by cash and U.S. Treasury bonds held in the Tinian city government's treasury.Previously, the bill was unanimously passed by the Tinian delegation on March 12. If the bill had passed, the Tinian government would have become the first government entity in the U.S. to issue a stablecoin, ahead of Wyoming, which plans to launch a stablecoin in July.

ChainCatcher news, according to a recent poll, nearly 58% of Argentinians expressed distrust in President Javier Milei after he became embroiled in a $4.6 billion Libra cryptocurrency scandal. "How much trust do you have in Milei after the cryptocurrency fraud scandal erupted over a month ago?" The polling platform Zuban Córdoba asked this question in its recently released March survey of 1,600 respondents, where 57.6% answered that they disapprove of him, while 36% stated that they still trust Milei.

ChainCatcher news, according to the Associated Press, some lawyers in Argentina filed fraud charges against President Javier Milei in a criminal court on Sunday, accusing him of promoting cryptocurrency on social media.One of the plaintiffs, lawyer Jonatan Baldiviezo, stated that they see an illegal organization in this incident that has committed "an indeterminate number of fraudulent acts." He said, "In this illegal organization, fraudulent crimes occurred, and the president's actions are crucial."The criminal justice department is expected to appoint a judge on Monday to hear the case or submit it to the prosecutor for further investigation.

ChainCatcher message, He Yi responded to the incident of restricting user accounts in the Palestinian region on X. He stated: "Only a few user accounts related to illegal funds have been banned from trading.As a global cryptocurrency trading platform, Binance, like other financial institutions, complies with internationally recognized anti-money laundering regulations. Binance will continue to educate users on how to trade safely and securely on the Binance platform.Most importantly, Binance hopes for lasting peace throughout the region."

According to ChainCatcher news, as reported by Bitcoin.com, the Argentine airline Flybondi is introducing blockchain technology in its operations by issuing tickets in the form of NFTs, thereby expanding the possibilities for customers to use their tickets. For example, users can sell or transfer the NFT to other travelers three days before applicable flights and change the user's name. This solution was developed by the blockchain technology company Travelx and also introduces the possibility of purchasing these tickets using Binance Pay and stablecoins. (Bitcoin.com)