Cryptocurrency Analysis and News Portal
On Sep. 14, Ripple, a blockchain company, announced plans to expand its Liquidity Hubs to Brazil and Australia to enhance liquidity management and bolster enterprise-level crypto adoption. The report notes a significant shift in technology adoption challenges, stating, “If we look back to the ‘90s and the early 2000s, the technical
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Coinbase has flagged several countries outside the United States where it intends to focus its operations in the near term, citing their comparatively clearer crypto laws.In a Sep. 6 blog post, Coinbase’s international business VP, Nana Murugesan and international policy VP, Tom Duff Gordon, marked the European Union, United Kingdom,
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Brazilian soccer star Ronaldinho Gaúcho could be detained by authorities to testify over a crypto fraud investigation in Brazil. According to local media reports, Ronaldinho failed to appear before the country's Congress over a pyramid scheme probe allegedly linked to one of his companies.The former Paris Saint-Germain, F.C Barcelona and
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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. A wider pool of customers According to the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Brazilian Congress is pushing forward legislation allowing for the taxation of crypto assets held abroad by citizens of the South American country. According to the local press, Brazilian lawmakers on Aug. 11 approved amendments to a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Brazil’s Central Bank revealed the official name of the new central bank digital currency (CBDC), also known as the digital real, DREX. The name was revealed during a live broadcast on the bank’s YouTube channel, hosted by
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ramp, a fintech company, announced its expansion into Brazil to accelerate crypto adoption across Latin America. Ramp expands into Latin America The company has established a local entity in the Latin American region to expand its presence and
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According to the bill, the central bank of Brazil has control over crypto firms, while the CVM handles tokens that are securities. Brazil has introduced a new law that passes regulation of crypto firms to the country’s central bank. President Luiz Inácio Lula da Silva (Lula) signed the law increasing the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Brazilian President Luiz Inácio Lula da Silva has signed a new law empowering the country’s central bank to regulate and supervise cryptocurrency firms while ensuring that tokens that qualify as securities remain under the authority
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In December 2022, former Brazilian President Jair Bolsonaro approved a crypto regulation bill that was passed by Brazil’s Chamber of Deputies and the Senate. The law created a “virtual service provider” license and established a crime of fraud involving virtual assets, with a penalty of between four and six years
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