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BlackRock Lists Ethereum ETF on the Brazilian Stock Exchange
27.8.2024
The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country
Brazilian Securities Regulator Greenlights Second Solana Spot ETF
23.8.2024
The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly...
Brazilian Judge Ends Inquiry Into Bitcoin Ponzi Scheme Mastermind’s Death
17.8.2024
A Brazilian federal judge has ordered criminal charges against Johann Steynberg, the late CEO of the bitcoin trading platform Mirror Trading International (MTI), to be dropped after a police investigation confirmed reports of his death. The order was handed down by Judge Silvio Gemaque, who said...
Binance reaches $1.7M agreement with Brazilian securities regulator
14.8.2024
Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization
Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering
14.8.2024
The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products
Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans
14.8.2024
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not...
Brazilian Regulator Approves Solana Spot ETF
9.8.2024
The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to be approved, is offered by QR and managed by Vortx. It is already in its pre-trading stages. Brazilian SEC Pioneers...
Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang
7.8.2024
The Civil Police of São Paulo, Brazil, dismantled a money laundering scheme managed by the drug gang First Capital Command (PCC) that operated a company operating as a crypto exchange, the police said on X (formerly Twitter) on Tuesday
Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
7.8.2024
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which tokens were issued, their purported classification, and the assets supporting...
Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC
27.7.2024
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain for third parties as part of the Drex pilot. The platform will be launched...
Brazilian Stock Exchange B3 Mulls Offering Ether Futures
26.6.2024
B3, the Brazilian stock exchange, is considering extending its native cryptocurrency trading options to offer ether futures contracts to its customers. The exchange, which has been a pioneer in Latam offering crypto-related trading products, would be focusing on institutional investors who want...
Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
23.6.2024
Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itself to other public blockchains using Rayls Public...
Brazil’s tax dept to summon info from foreign crypto exchanges: Report
19.6.2024
The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax
North Korean cyberattacks on Brazilian fintech firms exposed
13.6.2024
Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes
Report Shows No Evidence of Special Treatment for BTC Ponzi Scheme Mastermind in Brazilian Jail
1.6.2024
The Brazilian State Attorney General has dismissed allegations that Johann Steynberg, the late mastermind of a South African bitcoin ponzi scheme, was granted irregular access to a computer and the internet while in prison. Acting public prosecutor Lauro Machado Nogueira recently released a report...
Ripio CEO: Brazilian Companies Are Paying Chinese Suppliers With Cryptocurrency
29.5.2024
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that Argentine companies...
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
26.5.2024
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and will also feature the implementation of smart...
Brazil Upholds Crypto Donations Ban for Political Parties and Candidates
15.5.2024
Brazilian authorities have upheld a ban on the use of crypto donations to fund political parties and candidates’ electoral campaigns in the country.
The post Brazil Upholds Crypto Donations Ban for Political Parties and Candidates appeared first on Cryptonews
Crypto Exchanges Helping Brazilian Flood Victims
11.5.2024
Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000 to the “Ajude o Rio Grande do Sul” emergency campaign, channeling funds...
Brazilian Neobank Nubank Introduces New Crypto Wallet Features for Bitcoin, Ether and Solana
26.4.2024
Nubank, a Brazilian neobank, has introduced new features for its cryptocurrency customers. The Sao Paolo-based organization recently enabled deposits and withdrawals of bitcoin, ether, and solana in its cryptocurrency service, broadening the use cases of its platform. Before, the company only...