Guatemala

Cryptocurrency Bill Draft Introduced in Guatemalan Congress

Cryptocurrency Bill Draft Introduced in Guatemalan Congress

The draft project, introduced by Representative Shirley Rivera to the Guatemalan Congress, establishes several rules aimed at positioning Guatemala at the forefront of cryptocurrency regulation. The bill provides tax exemptions for personal transactions and regulates the voluntary use of crypto for payments. Bill Regulating Cryptocurrency Payments Proposed Before Guatemalan Congress Increasingly, countries are rushing to […]

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Largest Bank in Guatemala Turns to Crypto for Remittances

Largest Bank in Guatemala Turns to Crypto for Remittances

Banco Industrial, the largest bank in Guatemala, has announced the integration of Sukupay, a crypto-based cross-border payment provider, to power its remittance services. Using Sukupay, Banco Industrial now offers its customers remittances at a flat fee of $0.99, allowing them to receive these funds in their bank accounts. Michel Caputi, Head of the Strategic Alliances

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