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PortuguêsBrazil is not following El Salvador’s example; here’s a breakdown of the country’s cryptocurrency bill. Brazil is not making bitcoin a legal tender. The Brazilian “virtual asset” bill seeks to…
Continue ReadingThe cryptocurrency market’s exponential rise to the mainstream was both a catalyst and a result of increased retail and institutional investments worldwide. A glimpse of the same can be seen…
Continue ReadingTime to check back with El Salvador. Their Bitcoin experiment is well underway, and it’s already showing results. Are these results positive or negative? You be the judge of that.…
Continue ReadingBrazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have…
Continue ReadingA father’s gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 is now worth more than $60,000. A 4-year-old girl has reportedly earned over 6,500% profit…
Continue ReadingEl Salvador’s “Bitcoin Beach” was once just an experiment in the coastal town of El Zonte, but is now famous world over for trying out a Bitcoin standard, even before…
Continue ReadingOn Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration…
Continue Reading“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 executive said. Brazil Stock Exchange (B3), one of the world’s few…
Continue ReadingRipio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in…
Continue ReadingFinancial institutions have been increasingly keen on being part of the booming $2 trillion cryptocurrency market, with over 13 of the world’s largest banks pushing roughly $3 billion in funding…
Continue ReadingBrazilian investment bank BTG Pactual becomes first large financial institution in Brazil to enable customers to make direct investments in Bitcoin. Large Brazilian investment bank BTG Pactual has announced the…
Continue ReadingInitially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins. Leading Brazilian investment bank BTG Pactual…
Continue ReadingDespite El Salvador enduring a bumpy first week of making Bitcoin legal tender, different regions have showcased interest in the same. Neighboring Central American countries such as Panama, Honduras, and…
Continue ReadingBrazilians were the biggest supporters of El Salvador’s move among all countries surveyed and want to replicate that in their country. A survey performed by Sherlock Communications through the research…
Continue ReadingVisa Brazil exec outlines plans for implementing crypto assets such as Bitco onto the payments platform. In a recent interview with local Brazilian news outlet Seu Dinheiro, Eduardo Abreu, Vice…
Continue ReadingVisa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several…
Continue ReadingThe day is here. In a few hours, El Salvador’s Bitcoin Law goes into effect. We will have the first real-world example of a whole nation using the hardest money…
Continue ReadingA law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating…
Continue ReadingThe biggest bitcoin exchange in Latin America is the new sponsor of Corinthians, one of the most popular football clubs in Brazil. Mercado Bitcoin, the biggest bitcoin exchange in Latin…
Continue ReadingCentral bank head Roberto Campos Neto recognizes the demand for greater crypto regulation as the country evolves in the market. Speaking at an online event organized by the Council of the…
Continue ReadingThe Brazilian Federal Police launched Operation Compliance, a probe against cryptocurrency-related money laundering crimes last week. The probe resulted in the execution of several seizure warrants across the country, involving…
Continue ReadingOn Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and…
Continue ReadingHashdex launched its newest bitcoin ETF in Brazil, another addition to the country’s diverse bitcoin ETF menu and the first to be carbon neutral. Investment firm Hashdex has announced its…
Continue ReadingA Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal…
Continue ReadingHashdex has promised to invest a portion of the assets managed by its new BITH11 ETF into carbon credits and green tech. BITH11, a new exchange-traded fund (ETF) launched in…
Continue ReadingBurger King Brazil has announced that customers can now purchase “dogpper” dog food using the Dogecoin (DOGE) cryptocurrency. Burger King Brazil Accepts Dogecoin As Payment For Dog Biscuits The fast-food…
Continue ReadingThe Brazilian Securities Regulator, Comissão de Valores Mobiliários (CVM) gives approval for an Ether exchange-traded fund (ETF). The holding company of QR Asset Management, QR Capital, announced the approval.
Continue ReadingRegulators from the CVM, the securities watchdog of Brazil, have approved the first Ethereum-based ETF in Latin America (Latam). The product, presented by blockchain investment company QR Asset, aims to…
Continue ReadingThe fund, which will trade on Brazil’s B3 stock exchange, uses custodial services provided by the Winklevoss twins’ United States-based Gemini. Brazil’s Comissão de Valores Mobiliários (CVM), the country’s securities…
Continue ReadingClaudio Oliveira, owner of the Bitcoin Bank in Brazil and known as the ‘King of Bitcoin,’ was arrested yesterday for his alleged participation in a fraud scheme involving $300 million.…
Continue ReadingAfter a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level…
Continue ReadingThe multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The…
Continue ReadingMajor Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets. The biggest bitcoin exchange in Latin America, Mercado Bitcoin,…
Continue ReadingThe first Bitcoin ETF in Latin America made its debut yesterday on the Brazil Stock Exchange. Presented by QR Capital, a Brazilian blockchain investment firm, the ETF seeks to simplify…
Continue ReadingBrazilian asset manager QR Asset Management started trading its Bitcoin exchange-traded product on B3. The Brazil Stock Exchange, or B3, has launched the trading of another Bitcoin (BTC) exchange-traded fund,…
Continue ReadingA number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina,…
Continue ReadingBrazil’s central bank, the Banco Central do Brasil (BCB), is pushing for more time to roll out its central bank digital currency (CBDC). Earlier in May, BCB released a document…
Continue ReadingThough its billionaire owner has personally spoken out against digital assets many times, Berkshire Hathaway’s investment may indicate the firm is more open to the idea. Brazilian digital bank Nubank…
Continue ReadingWith rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU…
Continue ReadingTaxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more than 5,000 reals worth of cryptocurrency in 2020, a little…
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