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Brazil Might Approve Its Cryptocurrency Law This Week
3.8.2022
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is...
Brazilian Cop Charged with Duping 23 Fellow Officers in ‘Crypto Pyramid Scam’
2.8.2022
A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme.
The media outlet Globo reported that the officer, named as Francisco de Assis Jesus dos Santos Soares de Oliveira, stands accused of defrauding some...
84% of Surveyed Brazilian High Earners Know What Crypto Is
1.8.2022
Crypto awareness is on the rise in Brazil, a new survey has found – particularly among higher-earning individuals....
Read More: 84% of Surveyed Brazilian High Earners Know What Crypto Is
Strawweight Luana Pinheiro Becomes First Female UFC Fighter to Be Paid in Bitcoin
27.7.2022
On Wednesday, the cryptocurrency payments service company Bitwage announced that the Ultimate Fighting Championship (UFC) strawweight Luana Pinheiro will be the first female UFC fighter to be paid in bitcoin. Pinheiro’s boyfriend, a UFC flyweight fighter, started getting paid in bitcoin last...
Brazilian Crypto Exchange Mercado Bitcoin to Launch Operations in Mexico This Year: Report
21.7.2022
The company’s parent 2TM raised $200 million from SoftBank one year ago with an eye towards expanding across Latin America
Brazilian Fintech BEE4 to Launch First Local Tokenized Stock Marketplace
21.7.2022
Working in a regulatory sandbox, the company will allow mid-sized companies to tokenize their public offerings on Quorum, a network running on Ethereum
Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
14.7.2022
Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
12.7.2022
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay...
Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin
12.7.2022
The company, which has 30 million active users, will offer bitcoin, ether and USDP trading
Binance Resumes Local Currency Deposits with Brazilian Payment System Pix
6.7.2022
Withdrawals should be resumed “shortly,” said the company, which had suspended that feature on June 17
Brazilian proposal would make crypto payments legal and protect private keys
15.6.2022
The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be legally recognized financial asset for investments and other uses
Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa
9.6.2022
A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann...
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
7.6.2022
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country...
Brazilian Crypto Exchange Foxbit Forced to Pay Customer in ‘Lost’ Ethereum Claim
7.6.2022
A court in Brazil has ordered the domestic crypto exchange Foxbit and another crypto-related firm to “reimburse” customer who “lost” almost USD 3,000 worth of ethereum (ETH) in a transfer in February 2020....
Read More: Brazilian Crypto Exchange Foxbit Forced to Pay Customer in ‘Lost’ Ethereum...
Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto
6.6.2022
São Paulo FC, one of the biggest clubs in both Brazil and the world football, has made history by becoming the first Brazilian team to accept bitcoin (BTC) and altcoin payment for match tickets....
Read More: Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto
Brazilian central banker describes how CBDC system can halt bank runs
3.6.2022
In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run
Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees
3.6.2022
2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, laid off over 80 employees on Wednesday
Brazilian Development Bank Launches Blockchain Network
1.6.2022
The Brazilian Development Bank has officially launched the Brazilian Blockchain Network, a structure designed to aid other institutions in the country in increasing public transparency. The launch, which was also assisted by the Court of Accounts of the Union, serves to call more institutions...
10 Brazilian Business Giants That Have Taken the Bitcoin, Crypto Plunge
30.5.2022
Crypto adoption is on the march in Brazil – where the government has all but incentivized mining by waiving tax duty on mining rig imports.
And after a major property developer revealed that it will begin accepting bitcoin (BTC) pay for new apartments (see below), the Brazilian media outlet...
Brazilian university USP will conduct academic research in the metaverse
27.5.2022
The university wants to explore important research questions around psychology, human behavior and augmented reality inside the metaverse