NEWS
BCP launches Criptococos, Peru’ s first crypto banking platform powered by BitGo
Banco de Crédito del Perú( BCP), the country’ s largest bank, has launched Criptococos, Peru’ s first crypto banking platform, developed in partnership with BitGo, a global leader in digital asset infrastructure. The initiative, authorized by the Superintendency of Banking, Insurance and Pension Fund Administrators( SBS), marks a major step in integrating digital assets into the Peruvian financial system.
Criptococos enables clients to securely buy and manage cryptocurrencies within BCP’ s regulated environment.
The platform will serve selected BCP clients who meet eligibility criteria, including banking history and completion of a crypto risk assessment. BitGo Trust Company, Inc. will provide custody services, offering segregated accounts and institutional-grade security.
With Criptococos, BCP positions itself as a regional pioneer in regulated crypto banking, combining blockchain innovation with the rigor of Peru’ s established financial framework.
In its pilot phase, users can trade bitcoin and USDC, a stablecoin pegged to the U. S. dollar. All operations occur in a closed-loop system, ensuring full traceability and compliance with anti-money laundering and counter-terrorism financing regulations.
“ Criptococos was developed to give clients the trusted security of Peru’ s financial system within the modern digital asset space,” said Lenin Tarrillo, Head of Crypto and Blockchain at BCP.
Luis Ayala, BitGo’ s Managing Director for Latin America, added that the partnership“ underscores our commitment to helping financial institutions expand digital asset access safely and responsibly.”
Argentina telecom market set for modest growth through 2029
Mobile broadband will remain the largest revenue driver, increasing from $ 3.2 billion in 2024 to $ 4.3 billion in 2029 – a 6.3 % CAGR – supported by rising mobile internet subscriptions, greater data consumption, and continued 5G adoption.
Fixed broadband revenues are also expected to climb from $ 2.0 billion to $ 2.2 billion over the same period, advancing at a 2.5 % CAGR, as demand for high-speed fiber-to-the-home and business connections grows.
ResearchAndMarkets. com has released the Argentina Telecom Operators Country Intelligence Report 2025, offering an executive-level analysis of Argentina’ s telecommunications sector and forecasts through 2029.
The report outlines a gradual recovery and digital expansion across the country’ s fixed, mobile and pay-TV markets.
Total telecom and pay-TV service revenue is projected to grow at a compound annual growth rate( CAGR) of 0.9 % from 2024 to 2029, fueled mainly by broadband services.
The report provides detailed insight into Argentina’ s demographic and macroeconomic context, the regulatory environment and the policy agenda for the next two years, including spectrum licensing developments. It also assesses competitive dynamics and subscription market shares among major operators such as Movistar, Claro, Personal, Nuestro, Telefónica, Telecom Argentina, Cablevisión-Fibertel, Supercanal, Telecentro, Red Intercable and DIRECTV.
Comprehensive company snapshots examine the financial positions of leading providers, while forecast models highlight the assumptions and potential market shifts shaping Argentina’ s evolving telecom landscape.
www. intelligentcio. com INTELLIGENTCIO LATAM 11