Brazil Crypto News

Brazil's Federal Police busted the "Bitcoin Sheikh" for defrauding thousands of people worldwide and laundering $766 million illicit crypto funds.

In the U.S., 61% of retail respondents said they currently invest in crypto in Q2. That's an increase of 44% from just 42% investing in crypto in Q1.

The duo will spread Ripple's On-Demand Liquidity (ODL) solution in Brazil to offer instant cross-border payments in crypto.

The bill will bring more transparency to Brazil’s gold mining industry.

Leading European banking institution Santander plans on providing its Brazilian clients with access to a crypto trading solution soon.

Rio de Janeiro secretary of finance and planning is looking to allocate a percentage of the city's treasury into Bitcoin while also providing crypto investors with tax breaks.

The city established a Municipal Committee for Crypto Investments to work on governance and investment models for the city.

Mercado Libre will use Mastercard's CipherTrace Technology to monitor, identify, and understand risks in the crypto space.

Nox Bitcoin, a Brazilian crypto exchange, said it will allocate roughly 620.000 Brazilian reais to reimburse customers who incurred losses associated with the UST de-peg

Brazil is the latest Latin American country to signal pro-crypto sentiment, as it pushes to establish a legal framework around digital assets.

While the European investment products saw outflows last week, the Americas, notably Canada and Brazil, recorded inflows.

The Economic Affairs Commission (CAE) in Brazil approves the project that regulates the rules for the cryptocurrency market.

Bit2Me announced February 18 that the Spanish central bank has approved its application to operate as a crypto exchange in the country.

The largest crypto asset manager in Latin America to offer investors a secure and regulated entry to DeFi.

An increasingly common critique of crypto is the notion that Bitcoin mining accelerates climate change. This claim is inaccurate.

Rio de Janeiro is about to become the first city in Brazil to buy Bitcoin as a store of value.

Investors in Brazil traded more Bitcoin than any other crypto when the flagship digital asset touched its ATH of $65,000 in May.

Bitcoin adoption gets a boost as Brazil moves one step closer to implementing a legal framework. But is this because lawmakers believe in digital innovation?