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Brazilian Bank Joins Hands w/ Chainalysis, Steps Up Crypto Compliance
24.6.2020
Source: Adobe/Anton Balazh (edited by Cryptonews)
Things are hotting up for crypto users in Brazil, where commercial bank Banco Topázio has announced that it will be using monitoring and transaction tracking solutions provided by blockchain security firm and data analysis specialist, Chainalysis...
Brazilian Hedge Fund Still Down 56%, Despite 16 Months of Crypto Gains
23.6.2020
BLP Asset Management’s returns are a reminder that cryptocurrency funds that took a hit in 2018 when prices of digital currencies crashed have a harder time getting back to sea level than those buoyed by 2017’s cresting market gains
Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox
27.5.2020
Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians
Brazilian Regulators Create DLT Platform for Screening Politicians
3.4.2020
Brazilian regulators are teaming up to use blockchain technology to streamline vetting processes for public officials and corporations
Brazilian Financial Regulators Will Vet Companies and Political Appointees on a Blockchain
2.4.2020
Brazil’s major financial regulators have unified their intelligence troves under a blockchain-backed sharing system called PIER
Brazilian Crypto Exchange XDEX Announces Full Closure
31.3.2020
Bitcoin platform XDEX announces closure, follows other 4 Brazilian companies that have ending their activities earlier this year
Airport Gold Seizure in Amsterdam Points to Bitcoin Utility for Private, Borderless Travel
7.3.2020
A 27-year-old Brazilian man was arrested at Schiphol Airport in Amsterdam Friday for failing to declare 15 kilograms of gold bars to customs, according to local reports. After failing to provide a convincing explanation as to how he acquired the gold, the traveler flying from Rio de Janeiro to Hong...
Major Brazilian Sports Entrepreneur Tokenizes Soccer Players
6.3.2020
A Brazilian soccer management entrepreneur believes that by tokenizing young players, he can help them develop their careers
Brazilian Ministry of Education Proposes Issuing Diplomas on the Blockchain
5.3.2020
Brazil will join other countries in the region that have adopted blockchain to fight against issuing fake diplomas
In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix
21.2.2020
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims...
Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto
20.2.2020
Brazil’s central bank president stated that its new payment platform is intended to compete with blockchain-based payment technologies
Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations
17.2.2020
Crypto exchanges based in Brazil face huge fines or being shut down
Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business
15.2.2020
Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due...
Brazilian Police Bust Alleged Crypto Fraud That Cost Investors $360M
9.12.2019
Brazilian police have shut down a purported bitcoin investment scheme they allege stole 1.5 billion Brazilian reals
Brazilian Cointrade.cx Adds InstandSend support by Dash
3.10.2019
Dash combines with the Brazilian cryptocurrency exchange Cointrade.cx to support InstantSend technology. It allows a user to deposit the payment on the Dash platform instantly. Cointrade.cx is a leading and well-growing exchange company that includes fiat trading pairs i.e., Brazilian real (BRL)...
Shots Fired as Nancy Pelosi Challenger Bacelar Funds Campaign With Crypto
2.10.2019
27-year-old Agatha Bacelar is a Brazilian-American immigrant from a STEM background, and she’s targeting Speaker of the House Nancy Pelosi’s seat in the California Congress (CA-12) in the next election cycle. Her campaign is seeking to raise $1 million in crypto (BTC, BCH, ETH, LTC...
Leaked Tax Filing: CEO of Under Fire Brazilian Firm Owns 25,000 Bitcoin
1.10.2019
Exclusive: CEO of Brazilian crypto firm refusing to pay out customer funds declared owning 25K BTC
Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto
26.9.2019
The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash...
Brazilian Securities Regulator Bans Bitcoin, Forex Broker
25.9.2019
Brazilian financial authorities shut down a forex broker offering Bitcoin options
Atlas Quantum, Brazilian Crypto Exchange Refuses to Follow Court Deadline to Clear Withdrawals
20.9.2019
Brazilian cryptocurrency exchange Atlas Quantum that is believed to have formed a financial pyramid scheme, has allegedly refuted the deadline decided by the Federal Court of Brazil. The federal court had ruled on September 17 that the activities of this cryptocurrency exchange is likely to...