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Brazilian federal deputy proposes crypto payment option for workers
7.11.2021
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies
Brazilian Asset Manager Kinea Makes Exploratory Investment in Ethereum
19.10.2021
One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by Marco Aurélio Freire, manager of funds for Kinea, who stated the company had invested a small amount of its holdings in ethereum starting two months ago....
Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year
18.10.2021
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January....
Brazilian toddler makes over 6,500% profit on her first Bitcoin holding
17.10.2021
A father's gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 is now worth more than $60,000
Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies
12.10.2021
On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such...
Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro
5.10.2021
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may be able to purchase houses, cars, and even fast food at McDonald’s with cryptocurrency in the near...
Brazil aims to tighten penalties for crypto-related financial crimes
4.10.2021
The penalties are part of a new piece of legislation that also regulates crypto trading and payments
Brazil Stock Exchange wants to provide oracles for digital real
1.10.2021
“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said
Level of LatAm Crypto Interest is Lowest in Chile, Survey Finds
29.9.2021
conducted by the LatAm-focused PR agency Sherlock Communications, 2,700 people from across the region were surveyed, with a focus on Argentina, Brazil, Colombia, Mexico, and Chile.But while just 74% of Chileans said they “recognized” BTC, that number was as high as 92% in Argentina.In
Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG
22.9.2021
Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in...
Top Brazilian investment bank BTG Pactual launches crypto trading app
21.9.2021
Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins
Central Bank of Brazil Director States Government Will Know ‘Everything You Have in Bitcoin’
8.9.2021
Mauricio Moura, a current director of the Central Bank of Brazil, stated that anonymity won’t be a choice when making cryptocurrency transactions in the country. The representative stated that, sooner or later, all users would have their transactions identified by the government. These...
Visa reportedly aims to integrate Bitcoin payments in Brazil
7.9.2021
Visa Brazil exec outlines plans for implementing crypto assets such as Bitco onto the payments platform
Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
7.9.2021
Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market...
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil
4.9.2021
A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based...
Central Bank of Brazil Researches Creation of Digital Real
3.9.2021
Fabio Araujo, a representative of the Central Bank of Brazil, talked about the possible development of a Digital Real at a public hearing before the Committee on Science, Technology, Innovation, Communication and Information Technology of the Brazilian Senate. Araujo clarified that the Digital Real...
Binance Free Withdrawals Promotional Offer Ends in Brazil
30.8.2021
For months, Binance has been allowing free withdrawals in Brazil for the purpose of promotions. However, it is likely to be discontinued soon. It was announced that Brazilians will now have to pay a certain amount per transaction. As per reports, from September 1, 2021, Binance will withdraw...
Brazil’s central bank president endorses crypto regulation
20.8.2021
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market
Brazilian Federal Police Launch Nationwide Operation Against Crypto-Related Money Laundering
17.8.2021
The Brazilian Federal Police launched Operation Compliance, a probe against cryptocurrency-related money laundering crimes last week. The probe resulted in the execution of several seizure warrants across the country, involving 150 federal policemen active in five different cities. Operation...
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
15.8.2021
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest...