Places Brazil

Binance takes on financial exclusion with 'Send Cash' in Latin America, sustaining innovation amid regulatory hurdles.

Binance clarified that the service suspension would affect less than 1% of its users in the markets.

Examining potential risks and rewards in Brazil's blockchain move with 'DREX'.

Brazil's CBDC pilot includes functions to freeze and unfreeze wallets, as well as functions to move, mint, and burn funds.

Former prosecutor-turned-lawmaker Alfredo Gaspar has called upon the legislature to summon the company's Brazilian general manager to appear in order to "provide clarifications."

Customer service agents allegedly told users how to circumvent restrictions.

The six-consecutive-week outflows totaled $408 million, as this week's inflows mark the largest positive movement since July 2022.

Bitget aims to participate in Brazil's and Argentina's CBDC projects, while enhancing its reach to government-level projects in the region

Banco do Brasil has partnered with Bitfy so users can pay taxes with cryptocurrencies as easily as paying for a ticket by scanning a barcode.

Argentina and Brazil are preparing a joint venture to establish a shared common currency to remove reliance on US Dollar.

G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.

The Brazilian Real continues to struggle to hold its value against inflation, prompting Brazilians to turn to stablecoins.

BFT was launched by Brazil's government and football federation on August 25, 2021, offering special privileged experiences to investors and sports fans.

Brazilian lawmakers took a huge step forward for Bitcoin adoption by approving a framework bill recognizing digital assets as an investment class.

A recent Chainalysis report noted that crypto adoption in South America had grown by 40% within the last year.

BitBoy Crypto alleges former SEC director accepted bribes to declare Ethereum a commodity, investors pile on bonds as the interest in crypto fades, and much more in this edition of CryptoSlate Wrapped Daily.

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.