News with the tag "Brazil"

The Brazilian Senate will hold a public hearing on crypto regulation after a lawmaker launched a fresh bid to “update” the nation’s legislation. Per the official news agency of the Brazilian Senate (via Vamos Adiante ), the hearing will be hosted by the upper house of parliament’s Economic Affairs C...

The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil A new bill has been introduced in Congress to r...

Meliuz founder and chairman Israel Salmen indicated that the company would use 10% of its cash flow to bitcoin in a bid to improve its profitability in the face of the Brazilian real’s loss of value and high inflation rates. Meliuz Rises as the First Company Implementing Strategy’s Bitcoin Playbook ...

El Salvador and Paraguay have taken a significant step toward tightening cryptocurrency regulations by signing a Memorandum of Understanding (MOU) last Friday. The agreement aims to enhance cooperation between the two nations in monitoring digital asset activities, preventing illicit financial flows...

Méliuz, a Brazilian fintech and publicly traded company, has allocated 10% of its cash reserves to Bitcoin, which represents a substantial advancement in the cryptocurrency sector. Méliuz is now a part of an increasing number of corporations that regard Bitcoin as more than a mere speculative asset....

An electoral court in Brazil has charged a political candidate with failing to declare his Bitcoin (BTC) holdings. Per the Brazilian media outlet Livecoins , the Regional Electoral Court of the state of Minas Gerais has subpoenaed a council candidate for failing to declare a BTC purchase made in 202...

Ronaldinho states that STAR10, a token named after his jersey number in soccer, is his new and official token, set to be launched on the BNB Chain. He has been involved in several crypto endeavors before and has even been questioned about his role in an alleged pyramid scheme that used his image for...

Exciting news is breaking out of Brazil! Méliuz (MELIUZ), a publicly traded Brazilian company, has just given the green light to a significant shift in its financial strategy. They’re not just dipping their toes into the cryptocurrency world; they’re making a bold move by allocating Bitcoin (BTC) to...

Cardano Foundation has sealed a strategic partnership with Serviço Federal de Processamento de Dados, a state-owned information technology firm and the largest technology provider for the government of Brazil. Serviço Federal de Processamento de Dados, or SERPRO, is a leading software company. Meanw...

Bitcoin Magazine Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury strategy. Méliuz invested ...