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Visa Launches Bitcoin and Crypto Enabled Cards in Latam
21.6.2022
Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto...
First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News
20.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News
Binance Suspends Direct Deposits and Withdrawals in Brazil
19.6.2022
Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states...
Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy
18.6.2022
The suspension applies to transfers made via the government's payment system Pix
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
17.6.2022
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow...
Visa Rolls out Multiple ‘Bitcoin Cashback’ Cards with Partners in Brazil, Argentina
16.6.2022
The payments giant Visa has launched its first crypto cards in the Latin America region – and will debut its new products in Brazil and Argentina via a number of new partner firms.
Per the media outlet Expansión, Visa has “announced an alliance” with various fintech companies and IT startups...
Brazil’s Judges Receive Crypto ‘Training,’ Minister Warns of ‘Gaps’ in Regulation
14.6.2022
Brazilian federal judges have been receiving training on crypto-related matters – in an attempt to prepare the judiciary for an increase in crypto-related court cases....
Read More: Brazil’s Judges Receive Crypto ‘Training,’ Minister Warns of ‘Gaps’ in Regulation
Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil
10.6.2022
Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology,...
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
7.6.2022
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country...
Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto
6.6.2022
São Paulo FC, one of the biggest clubs in both Brazil and the world football, has made history by becoming the first Brazilian team to accept bitcoin (BTC) and altcoin payment for match tickets....
Read More: Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
5.6.2022
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making...
Brazilian central banker describes how CBDC system can halt bank runs
3.6.2022
In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run
Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for
3.6.2022
Some traders lost hope this week after BTC price rejected at $32,400, but many say this level is where they will become buyers
Brazilian Development Bank Launches Blockchain Network
1.6.2022
The Brazilian Development Bank has officially launched the Brazilian Blockchain Network, a structure designed to aid other institutions in the country in increasing public transparency. The launch, which was also assisted by the Court of Accounts of the Union, serves to call more institutions...
10 Brazilian Business Giants That Have Taken the Bitcoin, Crypto Plunge
30.5.2022
Crypto adoption is on the march in Brazil – where the government has all but incentivized mining by waiving tax duty on mining rig imports.
And after a major property developer revealed that it will begin accepting bitcoin (BTC) pay for new apartments (see below), the Brazilian media outlet...
Report: Latam Countries Are Among the Most Enthusiastic About the Metaverse
30.5.2022
A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their developed counterparts. The study, carried out by Ipsos for the World Economic Forum (WEF), also shows that Latam countries are among the most enthusiastic about...
Brazilian university USP will conduct academic research in the metaverse
27.5.2022
The university wants to explore important research questions around psychology, human behavior and augmented reality inside the metaverse
Brazil's Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
25.5.2022
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency
Brazil in Bitcoin Adoption Drive: Blockchain.com's Expansion, Miners' Tax Break, Real Estate Firm's BTC Choice
25.5.2022
Crypto adoption is gaining pace in Brazil, with the crypto wallet giant Blockchain.com looking to hire local staff, a major real estate firm committing to bitcoin (BTC) pay, and the government looking to incentivize crypto mining by waiving tax on imported mining hardware....
Read More: Brazil...
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
24.5.2022
Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval