Brazil Crypto News
Brazil police, US authorities bust transnational crypto fraud ring led by ‘Bitcoin Sheikh’
Brazil's Federal Police busted the "Bitcoin Sheikh" for defrauding thousands of people worldwide and laundering $766 million illicit crypto funds.
Despite market downturn, US sees 44% increase in retail crypto investors
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.
Ripple and Travelex partner up to launch crypto payments in Brazil
The duo will spread Ripple's On-Demand Liquidity (ODL) solution in Brazil to offer instant cross-border payments in crypto.
New Brazil bill wants to tokenize mined gold on blockchain
The bill will bring more transparency to Brazil’s gold mining industry.
Santander Brazil to launch cryptocurrency trading platform
Leading European banking institution Santander plans on providing its Brazilian clients with access to a crypto trading solution soon.
Rio de Janeiro forges ahead with Bitcoin integration plans
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.
Rio de Janeiro aims to become Brazil’s crypto ecosystem
The city established a Municipal Committee for Crypto Investments to work on governance and investment models for the city.
Mastercard, Mercado Libre to collaborate on bolstering crypto security in Brazil
Mercado Libre will use Mastercard's CipherTrace Technology to monitor, identify, and understand risks in the crypto space.
Brazilian crypto exchange refunds all UST holders 1:1
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
Latin American Bitcoin adoption gathers pace as Brazil makes its move
Brazil is the latest Latin American country to signal pro-crypto sentiment, as it pushes to establish a legal framework around digital assets.
European crypto investment products recorded outflows totalling $59 million last week
While the European investment products saw outflows last week, the Americas, notably Canada and Brazil, recorded inflows.
Senate Approves Bill seeking to legalize cryptocurrencies in Brazil
The Economic Affairs Commission (CAE) in Brazil approves the project that regulates the rules for the cryptocurrency market.
Bit2Me becomes Spain’s first crypto exchange
Bit2Me announced February 18 that the Spanish central bank has approved its application to operate as a crypto exchange in the country.
World’s first DeFi ETF to be listed on the Brazilian stock exchange in February
The largest crypto asset manager in Latin America to offer investors a secure and regulated entry to DeFi.
Op-Ed: The fallacies of the Bitcoin energy debate
An increasingly common critique of crypto is the notion that Bitcoin mining accelerates climate change. This claim is inaccurate.
Rio de Janeiro mayor to allocate 1% of the city treasury to Bitcoin
Rio de Janeiro is about to become the first city in Brazil to buy Bitcoin as a store of value.
Brazilians bought over $4 billion worth of crypto in 2021
Investors in Brazil traded more Bitcoin than any other crypto when the flagship digital asset touched its ATH of $65,000 in May.