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Brazilian Local Gov’t Chief & ‘Bitcoin Pharaoh’ Suspected of Crypto-powered Money Laundering
22.8.2022
Brazilian law enforcement agencies have swooped on the home of a local government chief they suspect of heading a crime ring that laundered money using cryptoassets – along with a controversial figure named “the Bitcoin Pharaoh.”
The raid took place at the home of the Armação de Búzios councilman...
Latam Giant Mercado Libre Launches Mercadocoin in Brazil
20.8.2022
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain...
Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and Red Regulatory Lights + More News
19.8.2022
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: Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and...
E-Commerce Giant Mercado Libre Debuts an Ethereum-powered Coin in Brazil
19.8.2022
The Latin American e-commerce heavyweight Mercado Libre has rolled out its own cryptoasset – named Mercado Coin – in Brazil.
The move is the latest in a series of bullish crypto-related moves from the company, which is often touted as the LATM region’s answer to Amazon. Last year, the company...
Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
19.8.2022
The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions
Ripple Unveils Crypto On-Demand Liquidity Service in Brazil
19.8.2022
Ripple is teaming up with the digital bank Travelex to introduce the product, which will initially allow transactions between Brazil and Mexico
Crypto.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius + More News
18.8.2022
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.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius...
E-Commerce Giant MercadoLibre Introduces Cryptocurrency in Brazil, Plans Wider Latin America Use
18.8.2022
Mercado Coin will allow the company’s 80 million users to make purchases and receive cashback
Brazil's Largest Investment Bank, BTG Pactual, Launches Crypto Trading Platform
16.8.2022
Called Mynt, the product allows customers to trade bitcoin, ether, solana, polkadot and cardano
Brazil brokerage giant with 3.6M clients launches BTC and ETH trading
16.8.2022
XP Inc has become the latest Brazilian fintech player to offer crypto trading services, following Nubank and MercadoLibre
Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading
15.8.2022
The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users in 2022
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies
15.8.2022
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn’t stop innovation. He also explained his goal...
Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations
14.8.2022
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by...
Brazilian payment app PicPay launches crypto exchange with Paxos
12.8.2022
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin
Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam
12.8.2022
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital...
Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil
12.8.2022
Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos...
Bitcoin R&D Center Vinteum Launches in Brazil
10.8.2022
The launch of the non-profit aims to support Bitcoin developers in Brazil and Latin America
Amber Group Brings Retail Trading Platform to Brazil
8.8.2022
The platform, which has been operational in the South American country since June, will also enable the delivery of loans
Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September
8.8.2022
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill...
Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real
6.8.2022
Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo also commented about the status of the development of...