Contributor
Adoption
The 3 tourist cities in Brazil using Bitcoin as money
Transforming tourism with Bitcoin: Brazil's cities adopt crypto for daily use.
João Victor Alves Souza 5 min read
Brazil News
CBDC pilots, exchange growth, regulation, and enterprise adoption in Brazil’s crypto economy.
Coverage footprint 0.3%
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Top Brazil Stories
Trading
Crypto funds break 11-week hot streak of inflows with $16M net outflows, amid record $3.6B traded
CoinShares reports minor outflows in cryptocurrency funds overshadowed by persistent high trading volumes and equity investments.
Stablecoins
Brazil reports stablecoin boom as USDT trading volume surpasses all other digital assets combined
The trading volume of USDT in Brazil exceeded the combined trading volume of all other cryptocurrencies in 2022, according to the Receita Federal do Brasil.
Latest Brazil Crypto News & Analysis
Regulation
Changpeng Zhao and other Binance executives facing possible indictments in Brazil
A Brazilian congressional committee has made the recommendation to indict Zhao and other for fraud and other securities violations; the decision to press charges now falls to the police.
Exchanges
Binance launches new crypto on-ramp ‘Send Cash’ in Latin America amid crypto card service suspension
Binance takes on financial exclusion with 'Send Cash' in Latin America, sustaining innovation amid regulatory hurdles.
Exchanges
Binance shutters crypto card services in Latin America, Middle East
Binance clarified that the service suspension would affect less than 1% of its users in the markets.
CBDCs
Brazil to launch CBDC ‘DREX’ in 2024 said to improve financial accessibility amid centralization concerns
Examining potential risks and rewards in Brazil's blockchain move with 'DREX'.
CBDCs
Brazilian CBDC pilot source code includes methods to freeze, drain wallets
Brazil's CBDC pilot includes functions to freeze and unfreeze wallets, as well as functions to move, mint, and burn funds.
Regulation
Binance’s legal woes intensify as Brazil lawmaker seeks to question general manager
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."
More Brazil Crypto News Headlines
Exchanges
Brazil investigating Binance over illegal derivatives offerings
Analysis
Crypto investment products record $160M inflows – breaking six-week negative strike
CBDCs
Bitget partners with Capitual to participate in Brazil CBDC project
Adoption
