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FTX Partners With Tom Brady and Gisele Bündchen in Long Term Deal
30.6.2021
FTX Trading Limited has announced the company has partnered with seven-time Super Bowl Champion Tom Brady and Brazilian model Gisele Bündchen in a long-term deal. Both celebrities will have an equity stake in FTX and receive payments in crypto, the announcement explains. The NFL star Brady...
First Bitcoin ETF in Latam Debuts on Brazil Stock Exchange
26.6.2021
The 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 Bitcoin exposure for institutions and companies. The ETF was approved by Brazilian regulators and is currently...
Asset manager QR launches Bitcoin ETF on Brazilian stock exchange
24.6.2021
Brazilian asset manager QR Asset Management started trading its Bitcoin exchange-traded product on B3
Dash Makes an Investment in Brazilian Startup Venture 88i
9.6.2021
Dash Investment Foundation (DIF), known to be the foremost memberless and ownerless investment fund, recently announced investing R$1.4 million or $250,000 in Brazil’s first online digital insurance firm, 88i Seguradora Digital. Established by Rodrigo Ventura in the year 2018, 88i is an insurance...
Berkshire Hathaway invests $500M in Brazilian digital bank
8.6.2021
Though 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
Home Crypto Mining Spikes in Brazil Amid Record High Unemployment
31.5.2021
With 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 rigs have been spotted even in favelas as a relatively small investment can return more than...
Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
30.5.2021
Taxpayers 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 less than $1,000, are obliged to report the funds on their income tax declarations this year. Brazilians who fail to do that...
Crypto.com Launches Major Step With BRL Bank Transfers and Brazilian Portuguese
26.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
‘For the pursuit of financial freedom,’ General Manager of Latin America Filomena Ruffa has remarked on the ‘exceptional growth in digital banking and innovative financial solutions in Brazil. Indeed, with...
Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX
17.5.2021
Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. With health and financial crises looming in the country, Jair...
Major Brazilian crypto asset manager secures $26M funding
12.5.2021
Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm
Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF
17.4.2021
Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to...
Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’
14.4.2021
The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.”...
Brazilian Stock Exchange approves two new crypto ETFs in Latin America
19.3.2021
The Brazilian Stock Exchange (B3) approved the first crypto ETFs in Latin America and leading to a new milestone for the market
Ayrton Senna Helped Sega Make A Better F1 Game
9.2.2021
Up until middle school, all the kids in my hometown had their birthday parties at the same roller rink. That roller rink contained a small arcade with games that seemed hopelessly outdated to us at the time but would rake in quarters at any Barcade now. Stuff like X-Men, Ivan Stewart’s Super...
Crypto and blockchain: What the Brazilian market can expect for 2021
22.1.2021
Cointelegraph Brasil invited some of the country’s top crypto and blockchain experts to chart the next steps for the market
Brazilian Banking Boss Says Venezuelans Use Bitcoin & Alts as a ‘Vehicle’
29.12.2020
Source: Adobe/SPICA-VEGA PHOTO ART
A Brazilian banking association chief said that people are using crypto as a means of getting money out of Venezuela, circumventing American sanctions that have all but frozen Venezuelans out of the international banking system.
Per a report from the media outlet...
Leading Brazilian soccer team to tokenize FIFA player transfer fees
5.11.2020
Brazilian soccer club CR Vasco da Gama and crypto exchange Mercado Bitcoin are looking to tokenize early-career transfers in the soccer world
Brazilian gov't gets help from US Justice Department to seize $24M in crypto
5.11.2020
The government of Brazil requested assistance from US authorities regarding a crypto fraud scheme called “Operation Egypto.”
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
5.11.2020
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands...
US Seizes $24M in Crypto as Part of Brazilian Probe of $200M Fraud Scheme
4.11.2020
The seizure was made after a request from Brazil for help with a large cryptocurrency fraud scheme