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Brazilian authorities investigate Binance for guiding clients past stop order: Report
20.4.2023
The Brazilian SEC has reportedly turned over screenshots from Binance's Brazilian website with instructions for evading a stop placed on futures trading on the site
Brazilian Police ‘Probe Binance over Derivatives Offerings’
20.4.2023
Binance could face punishment in Brazil for allegedly failing to respond to an order to stop selling crypto derivatives.
O Globo reported that the Federal Public Prosecutor’s Office and the Federal Police have launched an investigation into the exchange over “alleged financial crimes.”
The media...
Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil
19.4.2023
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building...
C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking
14.4.2023
On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more...
Brazilian Supermarket Bomber ‘Demanded BTC Ransom’
14.4.2023
A Brazilian barber has admitted to blowing up a supermarket and trying to blackmail its owner into paying a Bitcoin (BTC) ransom.
In an official police release, officers explained that the man demanded a BTC payment of just under $61,000.
The man, described as a 33-year-old barber with...
$178M Brazilian ‘Crypto Scam Ring’ Flees Abroad – Where Did Masterminds Go?
11.4.2023
The Brazilian operators of a suspected crypto scam reportedly fled the country just before the police launched a probe into the company behind the project.
Police think that the company raised some $178 million in investments from around 7,500 people.
The Brazilian media outlet Livecoins reported...
Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin
5.4.2023
BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt
Suspected Brazilian Crypto Scam Firm Workers Caught on CCTV on Way to Empty HQ
31.3.2023
“Employees” at Brazilian company at center of crypto scam allegations have been filmed apparently on their way to remove evidence – under the cover of night.
The Brazilian media outlet Livecoins shared a video showing “at least two people” entering the company, Braiscompany. The offices have been...
Coinbase expands in the Brazilian market with Pix and Ebanx
22.3.2023
Coinbase has announced that it is expanding its presence in Brazil by integrating Pix and partnering with Ebanx. Coinbase already exists in Brazil, with several initiatives launched in the past. The development helps the venture better accomplish its mission of making the crypto economy accessible...
Coinbase teams up with Brazilian central bank’s Pix to offer expanded services
21.3.2023
Brazilians will have more options for trading in crypto and better customer service as the U.S.-based exchange partners with the popular instant payment app
Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals
21.3.2023
Coinbase users in Brazil could previously only purchase crypto using credit cards
Brazilian Police Swoop on Suspected Crypto ‘Sex-tortion’ Ring – How Were Victims Coerced?
20.3.2023
Brazilian police have swooped on what they believe is a sex-themed crypto extortion ring that saw victims blackmailed into handing over tokens.
The Brazilian media outlet Livecoins reported that the probe was codenamed Operation Sextorsion, and was carried out by the Civil Police in Patos...
Top Brazilian Footballers ‘Embroiled in Crypto Scam’ – Which Players Are Involved?
13.3.2023
Two top Brazilian professional football (soccer) players claim they have fallen foul of a crypto scam – and say that they were convinced to invest in a fraudulent project by a fellow pro....
Read More: Top Brazilian Footballers ‘Embroiled in Crypto Scam’ – Which Players Are Involved?
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain
10.3.2023
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to...
Brazilian Unicorn Nubank Hires Ex-Meta Crypto Chief David Lucas
9.3.2023
Brazilian neobank Nubank, known for its crypto-friendly stance, has made headlines by hiring David Marcus, the former crypto chief at Meta (formerly Facebook), while simultaneously seeing a key member of its management team step down. The move comes hot on the heels of the bank's release of its...
Brazilian Tax Authority Numbers Reveal Cryptocurrency Market Recovery in January
6.3.2023
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume, a reality related to OTC (over-the-counter)...
Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review
5.3.2023
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge,...
Brazilian Regulator Says New Crypto Laws Coming – Here’s What to Expect
3.3.2023
The head of the Brazilian financial markets regulator says the body will roll out a “decree” in “the next few days” that will allow government-appointed bodies to better police the sector.
Per the newspaper O Globo, João Pedro Nascimento, the President of the Securities and Exchange Commission...
Brazilian Central Bank: CBDC Designed to Help New Businesses
28.2.2023
The Brazilian Central Bank says that its central bank digital currency (CBDC) – the digital real – is being designed to help now domestic businesses grow. The bank is also looking to tighten the regulations surrounding cryptoassets.
The newspaper O Globo reported that Roberto Campos Neto,...
Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
27.2.2023
A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used...