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LATAM crypto news: Binance QR payments, record adoption, and US court ruling in LIBRA case

by admin October 25, 2025
by admin October 25, 2025 0 comment

This week’s top cryptocurrency headlines in Latin America focus on how digital assets are becoming more commonplace.

Latin America is establishing itself as a worldwide hotspot for financial innovation fueled by blockchain and stablecoins, with Binance introducing QR code payments in Argentina and the region hitting record levels of crypto adoption led by Brazil and Venezuela.

US Court rejects seizure request in LIBRA scandal

A US federal judge has refused four foreign investment funds’ request to seize cryptocurrency holdings related to Argentina’s LIBRA crisis.

Judge Jennifer Rochon of the Southern District of New York determined that the evidence did not establish that the assets were owned by the Argentine state.

Instead, the court stated that the cash could belong to individuals such as President Javier Milei, his sister Karina Milei, and LIBRA promoter Hayden Mark Davis.

The judgment hampered the funds’ efforts to retrieve more than $1.5 billion owed by Argentina since a 2001 financial default.

Their recent petition was part of a larger global effort to locate Argentine assets.

However, Rochon condemned their petition as an unfocused “fishing expedition” and emphasised that their data pointed to private ownership, confounding Milei’s role in the matter.

Binance launches QR crypto payments in Argentina

Binance has launched QR code payments in Argentina, allowing customers to pay directly at local establishments using cryptocurrencies like BTC and USDT.

The program immediately converts cryptocurrency to Argentine pesos at the current exchange rate, with no additional fees.

This is a significant step toward integrating digital assets with ordinary life, and it widens Binance Pay’s reach throughout Latin America.

The new functionality solidifies Binance’s leadership in digital finance by providing quick, fee-free transactions to over 45 million users worldwide.

Binance intends to make digital assets as useful as cash by enabling seamless payments between crypto and local currency, allowing Argentinians to spend bitcoin conveniently and safely in everyday transactions.

Latin America reaches record crypto adoption

Crypto usage in Latin America reached a new high in 2025, fuelled by the growth of stablecoins and persistent inflation in the region.

According to TRM Labs’ Crypto Adoption and Stablecoin Usage Report, nations such as Brazil, Venezuela, Argentina, and Mexico are leading the way in incorporating digital assets into everyday transactions for payments, savings, and remittances.

Growth is now driven by actual economic demands rather than speculation, with help from digital infrastructure and enlightened regulation.

Brazil is the region’s crypto powerhouse, placing fifth globally, followed by Venezuela, Argentina, and Mexico.

Stablecoins linked to the US dollar have become critical tools for protecting against devaluation, particularly in inflation-hit economies.

According to TRM Labs, Latin America has shifted from considering cryptocurrency as a hedge to embracing it as a driver of financial innovation, establishing the area as a testing ground for the future of digital banking.

The post LATAM crypto news: Binance QR payments, record adoption, and US court ruling in LIBRA case appeared first on Invezz

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