2019-8-26 23:58 |
This week’s top cryptocurrency news from Brazil, courtesy of Cointelegraph Brasil
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Ripple, a leading FinTech company that enables cross-border settlement, recently announced that the firm has expanded its operations to Brazil, the largest country in South America. The announcement also gave insight into the growth of its payment settlement network.
2019-6-12 21:17 | |
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Ripple has been living true to its motto of promoting cross-border payments with low transaction fee lately with a barrage of partnerships and other developments. Last week, Ripple-backed remittance providers such as InstaReM and MoneyNetint made the news by partnering with banks in order to simplify cross-border transactions.
2019-5-26 14:30 | |
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A Bitcoin-fuelled pyramid scheme from Brazil has pulled its inevitable “exit scam,” stealing tens of thousands of dollars from a number of Kenyan cryptocurrency investors. The scam, known as “Velox 10,” suddenly disappeared early this week.
2019-3-5 17:39 | |
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A week after taking office, Brazilian president Jair Bolsonaro criticizes and suspends a crypto project that would have developed a cryptocurrency for indigenous people
2019-1-8 12:36 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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The Santander Bank chain has recently announced the expansion of its Ripple powered platform, OnePay FX for other European countries. Santander also intends to use Ripple ledger for all its payment settlements for the future.
2018-10-10 17:30 | |
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XP Group, owner of the largest investment firm in Brazil, XP Investimentos, confirmed it would launch a cryptocurrency exchange this week – despite its CEO saying he wished it “didn’t exist.
2018-9-21 14:00 | |
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The crypto revolution is spreading through Latin America, and is making major inroads in one major South American country. No, not that one. But shoppers in Brazil and Colombia may soon be able to pay for their groceries in cryptocurrency.
2018-9-3 17:22 | |
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Indonesian point-of-sale (POS) terminal maker Pundi X Labs (Pundi X) has struck a distribution deal with Brazilian company BitCapital to have 1,000 of its XPOS device distributed in retail outlets across the South American country, the startup said earlier this week.
2018-8-31 16:02 | |
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Located between the mountains and the sea not far from Rio de Janeiro, Paraty is renowned among travelers to Brazil for its scenic views. It features waterfalls, tropical beaches, an historic Portuguese colonial town, and now a Bitcoin-themed hostel.
2018-8-27 00:15 | |
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A newly introduced facial recognition system that’s being tested across several US airports has just helped catch an impostor for the first time, at Dulles International near Washington, D. C. The US Customs and Border Protection (CBP) noted in a press release that earlier this week, a 26-year-old man traveling from Brazil with a French passport was flagged by the airport’s facial recognition tech, which was put in place just three days ago.
2018-8-24 09:14 | |
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Brazil's stock exchange B3 says it got regulator approval to launch bitcoin futures trading, set to start April 17.
BlackRock's iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said. The asset manager announced the expansion on Thursday.
BlackRock unveiled its partnership with Brazil's B3 stock exchange to launch the iShares Bitcoin Trust ETF's Brazilian Depositary Receipts on Thursday.
The new rules would make income from crypto held on exchanges outside Brazil taxable at the same rate as local income.
USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023.
The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022.
Binance, a leading cryptocurrency exchange, has introduced Binance Pay to the Brazilian market. Binance Pay is the exchange’s cross-border and contactless method for cryptocurrency payments, with compatibility for over 70 cryptocurrencies.