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Nalezeno "Brazil": 1417

Latam Insights: Milei Wins Runoff Election, Vows to Eliminate Central Bank in Argentina; Drex to Encourage Tokenization

27.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Libertarian Javier Milei wins the runoff election in Argentina, reinforcing his intention of eliminating the central bank. Also, the digital real...

Bullish Brazilian Bank Nubank Adds Five More Altcoins to Banking App

23.11.2023
Source: Diego/Adobe The Brazilian neobanking unicorn Nubank is stepping up its crypto adoption drive, adding trading capabilities for five more altcoins to its banking app. Per the Brazilian media outlet Livecoins, the bank added support for Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM)...

Latam Insights: Argentina’s Massa Proposes Blockchain Oversight, Drex Will ‘Kill’ Lesser Cryptos in Brazil

20.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine presidential candidate Sergio Massa has proposed to use blockchain for state oversight, the Brazilian securities regulator president stated (CBDC)...

Bitcoin Price Prediction: Market Trends, CEO Insights & New Ventures in BTC

17.11.2023
In the dynamic world of cryptocurrency, Bitcoin’s latest market movements have caught significant attention as it trades at $36,530, marking a around 2.50% decline on Friday. Amidst these fluctuations, Brazil’s evolving cryptocurrency regulatory landscape is spurring a competitive...

Coinext Crypto Exchange CEO Highlights Competitiveness Driven by Brazil’s Crypto Regulatory Environment

16.11.2023
Source: AdobeStock / WavebreakMediaMicro José Ribeiro, the CEO of the cryptocurrency exchange Coinext, shared his perspective on Bitcoin and the crypto landscape in Brazil during the Web Summit in Lisbon. During the Web Summit, Ribeiro discussed the vibrant crypto economy in Brazil and the growing...

Brazil's crypto regulatory environment is driving competitiveness — CEO of Coinext

16.11.2023
Bitcoin maximalist José Ribeiro, CEO of crypto exchange Coinext, spoke with Cointelegraph at the Web Summit about Brazil's cryptocurrency landscape

Okx Announces Compliance-Focused Expansion to Brazil

15.11.2023
Okx, one of the largest cryptocurrency exchanges, has announced it will expand to Brazil in the coming months to offer a regulated crypto platform to Brazilian customers. The exchange, which chose the country as its entry doorstep to Latam, aims to fulfill the regulatory requirements still being...

CVM Chief: Brazilian CBDC Drex to ‘Kill’ Many Cryptocurrencies

14.11.2023
João Pedro Nascimento, president of the Brazilian Securities and Exchange Commission (CVM), believes that drex, the Brazilian central bank digital currency (CBDC), will “kill” many cryptocurrencies. While established cryptocurrencies like bitcoin and ethereum will keep being used in...

Latam Insights: Unlicensed Crypto Exchanges Still Allowed to Operate in Brazil, Lightning Strikes Salvadoran Bitcoin ATMs

14.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Brazil confirms that unlicensed exchanges can still operate in the country; El Salvador will integrate Lightning Network transactions...

Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud

13.11.2023
The hackers say they have nabbed the data of about 300,000 users of Coin Cloud residing in the United States and Brazil

Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud

13.11.2023
Source: iStock / welcomia An unidentified hacking group has purportedly claimed responsibility for a significant security breach targeting Coin Cloud, a Bitcoin ATM operator that once boasted over 4,000 machines in the U.S. and Brazil before filing for bankruptcy in February 2023. The group asserts...

Latam Insights: USDT Takes Over Brazil, Bukele’s Administration Accused of Embezzlement

6.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for Bitcoin projects, and Venezuelan exchanges...

Brazilian Tax Authority Acknowledges ‘Vertiginous Growth’ of Stablecoin Trading

1.11.2023
The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT, which has moved more than 271 billion reals (close...

USDT Stablecoin Adoption in Brazil Skyrockets to 80% Share of Crypto Transactions

30.10.2023
The adoption of the popular stablecoin Tether (USDT) in Brazil has experienced a remarkable surge in 2023, now constituting a staggering 80% of all crypto transactions within the country. According to data provided by Brazil’s tax agency that was first reported on by Cointelegraph, the total...

Brazil’s USDT Volume Exceeds all Crypto Transactions Combined: Revenue Dept. Report

30.10.2023
The Brazilian tax department report said that the country’s Tether (USDT) trading volume proliferated since 2021. Tether stands out among other stablecoins and has surpassed the volume of Bitcoin (BTC) during the same period. “Among the stablecoins, the cryptocurrency called Tether...

Latam Insights: Argentina Prepares for Run-off Election With Crypto on the Agenda, Colombia Works on Digital Peso

30.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina prepares for a run-off election with crypto on the agenda, Colombia works to formulate a digital peso, and Prosegur will build a crypto-secure...

Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions

29.10.2023
USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023

Prosegur to Build Secure Crypto Bunker in Brazil

27.10.2023
Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive measures in case of an invasion by attackers. Prosegur...

Grassroots Crypto Adoption in Latin America Surges as Users Flock to Central Exchanges

16.10.2023
According to a new study, cryptocurrency adoption grows in Latin America as users leverage digital assets to offset currency devaluations and inflation. A new Chainalysis report shows a growing adoption rate in Latin America following a surge of new use cases on a country-country basis and...