News with the tag "Brazil crypto"

Brazil’s central bank chief Gabriel Galipolo recently highlighted a significant rise in cryptocurrency adoption across the country. Speaking at a Bank for International Settlements event in Mexico City, Galipolo noted that over the past two to three years, the volume of crypto transactions has surge...

Crypto exchange behemoth Binance has again achieved a monumental feat, securing regulatory authorization in Brazil. The crypto exchange revealed on Thursday that it had secured approval from the Central Bank of the South American country, primarily for the acquisition of a locally licensed broker-de...

In a step toward integrating crypto into the country’s financial framework, Brazilian federal deputy Eros Biondini introduced a bill to create a national Bitcoin reserve. Brazil’s Proposed Bitcoin Reserve Bill Filed on Monday, the legislation proposes the establishment of the Sovereign Strategic Bit...

Brazil’s Chamber of Deputies will deliberate on a new bill to create a Strategic Bitcoin Reserve for the country. This is significant as it is bullish for Bitcoin’s adoption and could mark the genesis of mass adoption among nation-states. Brazil’s Congress Introduces Bill To Create Strategic Bitcoin...

BlackRock has launched its Ethereum ETF, which will begin trading in Brazil on Wednesday, August 28, 2024. The ETF will be available on the B3 stock exchange under the ticker code ETHA39, marking an expansion of BlackRock’s cryptocurrency offerings in the Brazilian market. BlackRock Expands Crypto O...

Mercado Pago, the digital banking subsidiary of Mercado Libre, has introduced a new stablecoin called MELI Dollar in Brazil. This is a U.S dollar stablecoin that offers its users a stable and reliable financial instrument even in the face of economic volatility. Mercado Pago Debuts MELI Dollar Stabl...

Brazil Receita Federal is set to increase scrutiny on foreign digital asset exchanges operating within its borders, aiming to bolster regulation and transparency in the burgeoning sector. The national tax authority seeks to gather operational data from platforms like Binance, Coinbase, and Kraken de...

Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes.

Circle, the issuer of stablecoin USDC, has made significant strides today by announcing its expansion into Brazil through a collaboration with Nubank. This move aims to enhance digital dollar access in a market renowned for its fintech innovation. Notably, Circle’s co-founder and CEO Jeremy Allaire ...

Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000 to the “Ajude o Rio Grande do Sul” emergency campaign, channeling funds to non-governmental organ...