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Luiz Inácio Lula da Silva wins Brazil's presidential race — what does this mean for crypto?
31.10.2022
The future president reportedly said that cryptocurrencies “deserved the attention of authorities,” calling for Brazil’s central bank to create a framework for digital assets
Mercado Pago Launches Cryptocurrency Trading Services in Mexico
31.10.2022
Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase...
Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam
24.10.2022
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of the “small” transactions include...
Santander bank trials blockchain platform for used cars in Brazil
24.10.2022
Santander Brasil is also reportedly planning to launch crypto trading services to its customers, CEO Mario Leao announced in July
Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC
24.10.2022
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part of the LIFT challenge, would be focused on simplifying the sale of real estate...
Tether and Smartpay to Offer USDT at More Than 24,000 ATMs in Brazil
22.10.2022
Tether, the company behind the issuance of usdt, the biggest dollar-pegged stablecoin in the cryptocurrency market, has announced its stablecoin will be available at more than 24,000 ATMs in Brazil. Smartpay, a cryptocurrency systems provider, integrated its technology stack with Tecban, an...
Tether USDT Available in Over 24,000 ATMS in Brazil
21.10.2022
Stablecoin issuer Tether has announced that SmartPay aims to boost the Brazilian population’s access to the popular USDT stablecoin by making it available at more than 24,000 ATMs across the South American country. ...
Read More: Tether USDT Available in Over 24,000 ATMS in Brazil
Brazil’s Eighth-largest City OKs Plan to Let Residents to Pay Taxes in Crypto
21.10.2022
Brazilian cities are racing to allow their citizens the ability to pay their local taxes in crypto – with the nation’s eighth largest city set to allow residents to settle their bills in bitcoin (BTC) and other tokens from next year....
Read More: Brazil’s Eighth-largest City OKs Plan to...
Robert Kiyosaki Says US Dollar Is Toast Citing Saudi Arabia’s Request to Join BRICS
21.10.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the U.S. dollar is toast, citing Saudi Arabia’s request to join the BRICS nations that comprise Russia, China, India, Brazil, and South Africa. Robert Kiyosaki’s Latest US Dollar Warning The author...
Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program
20.10.2022
Nubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage...
Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil
20.10.2022
The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs
Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank
20.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank
Brazil’s Largest Digital Lender Nubank to Roll Out Own Token to 70M Users in 2023
19.10.2022
Named Nucoin, the new token will be used to offer discounts and perks to customers
Nubank to launch loyalty tokens on the Polygon blockchain
19.10.2022
Dubbed Nucoin, the token creation process will receive collaboration from 2,000 clients in the following months
Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments
17.10.2022
The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using...
$50B asset custody platform GK8 enters Brazil with license agreement
14.10.2022
Brazil is becoming a hotbed for crypto adoption, with the country’s tax authority recently claiming that over 12,000 companies hold digital assets
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities
13.10.2022
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM defines different classifications for existing cryptocurrency assets, specifies which...
Brazil's Rio de Janeiro will accept crypto-payments for property taxes
12.10.2022
The city will allow taxpayers to make crypto payments through third-party service providers
Rio de Janeiro to Allow Citizens to Pay Property Taxes in Crypto from 2023
12.10.2022
The Brazilian city of Rio de Janeiro will let its crypto-holding residents use their coins to pay their property tax bills from next year.
Globo reported that the city hall has published a decree in its Municipal Gazette that states that Rio will “hire companies specialized in carrying out...
Record Number of Brazilian Companies Holding Crypto – Bitcoin and Tether Lead Adoption
10.10.2022
The number of companies in Brazil holding cryptoassets hit an all-time high in August, with bitcoin (BTC) and tether (USDT) standing at the top of the adoption list.
Per the local media, Receita Federal do Brasil (RFB), or the Federal Revenue of Brazil, which is the country’s tax authority...