Major Latin American E-Commerce Company Bans Cryptocurrency-Related Ads

The largest e-commerce company in Latin America, Mercado Livre, has banned cryptocurrency advertising on their website, Cointelegraph em Português reported on March 18.

The development was revealed in an exclusive interview with Cointelegraph em Português after the company’s users reported receiving of emails informing them about the change in Mercado Livre’s policy.

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Latin America’s Largest Investment Bank to Launch Its Own Security Token

Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token, Bloomberg reported on Feb. 21.

The token dubbed “ReitBZ” — which will be backed by distressed real estate assets in Brazil —  will reportedly enable the bank to provide its real estate business to international investors at lower costs than with traditional means.

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