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A young startup named Menachain Solutions DWC-LLC is building a cryptocurrency and blockchain-based payment platform targeted at the Middle East and North Africa (MENA) region and its large population of unbanked.Based in Dubai, the United Arab Emirates (UAE), Menachain says it is focusing on developing “the most commonly used cryptocurrency...
Considered amongst the most advanced startup ecosystems in the world, Israel is now quickly emerging as a leading blockchain hub. Israel's development of cutting-edge technologies in software, communications and the life sciences have evoked comparisons with Silicon Valley. Nicknamed the Startup Nation, Israel currently has the highest density of startups...
A new startup called Cryptofacil has announced plans to launch “the largest cryptocurrency exchange in Latin America and the Caribbean.” The exchange will be powered by Bittrex’s trading platform technology and will feature 200 digital tokens and more than 270 trading pairs. The Cryptofacil team, based in Uruguay, will be...
Indonesian point-of-sale (POS) terminal maker Pundi X Labs (Pundi X) has struck a distribution deal with Brazilian company BitCapital to have 1,000 of its XPOS device distributed in retail outlets across the South American country, the startup said earlier this week. The partnership, formed just a few weeks after the...
Latin Americans are increasingly turning to cryptocurrencies which many perceive these as a more stable store of value and means of transaction. In hyperinflation-crippled Venezuela, privacy-focused cryptocurrency Dash is rising in popularity among locals with some 200 merchants signups and thousands of wallet downloads per month. “We are seeing tens of...

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