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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
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...
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...
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...
Latam Insights: Venezuela and Argentina Leverage ‘Unique’ Crypto Use Cases, Brazilian Congress Advises Indicting CZ
16.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends indicting Binance CEO Changpeng Zhao, and...
Latam Insights: Argentina Announces National Digital Currency While Peso Sinks, Volcano Energy Launches Lava Pool
9.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine government announces a national digital currency project, Volcano Energy launches Lava Pool, the first Salvadoran Bitcoin mining pool, and...
Brazilian CVM Resolution Comes Into Effect, Allowing Funds to Allocate Part of Their Portfolios Into Crypto
4.10.2023
The Brazilian Securities and Exchange Commission (CVM) has opened the doors for investment funds to invest in cryptocurrency. Resolution 175, drafted last year and coming into effect on October 2, defines the rules these institutions must follow to invest in crypto, with analysts predicting a rise...
Latam Insights: Brazil Launches Nationwide Blockchain ID Program, Venezuelan Crypto Watchdog Extends Restructuring Period
2.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil launches a blockchain-based ID card, the Venezuelan cryptocurrency watchdog Sunacrip extends its restructuring period, and Buenos Aires launches...
Brazilian Military, Police, Civil Servants Face ‘Crypto Mining Ban’
28.9.2023
The Brazilian state of Santa Catarina has barred public officials, including police and military officers, from mining crypto.
In an updated set of rules for public sector workers, the state wrote that public officials, including members of the armed forces and civil servants, should “refrain”...
Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil
25.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from seizure advances in Brazil, and the Chilean police...
Brazil Debates Bill To Protect Debtors’ Digital Assets
20.9.2023
Brazilian lawmakers make moves to include cryptocurrencies in the list of debtors-protected assets on behalf of creditors following their recognition as tradable property.
In recent months, Brazil has embarked on a major change to reduce the seizures of debtors' assets which is meant to settle...
Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism
18.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames...
Brazilian Lawmakers Want to Hear from Binance, Bitso & OKX as MPs Target Crypto Scams
5.7.2023
Brazilian lawmakers have summoned the heads of major crypto exchanges to parliament, with representatives of the trading platforms Binance, Bitso, and OKX all set to attend.
Per the Brazilian media outlet Livecoins, a special parliamentary commission for “cryptocurrency-based financial pyramid...
Brazilian Hospital Will Accept Crypto Pay in National First
26.6.2023
A hospital in the Brazilian state of Rio Grande do Sul has become the first in the nation to accept crypto pay.
Per the Brazilian media outlet Livecoins, the hospital in question is the Rolante Hospital Foundation (FHR), a large general hospital in the municipality of Rolante.
FHR is the oldest...
Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report
3.6.2023
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country
Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals
21.3.2023
Coinbase users in Brazil could previously only purchase crypto using credit cards
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country
31.1.2023
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in the hands of the court after...
Mastercard, Binance to launch their second prepaid crypto card in Latin America
31.1.2023
Crypto adoption and usage in Brazil are higher than the global average