Cryptocurrency Analysis and News Portal
Brazil’s Senate has passed the country's first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto industry. The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become
Read More
2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, plans to launch a crypto asset manager focused on quantitative trading, the company confirmed to Brazilian financial media outlet InfoMoney on Thursday. Original Source
Read More
A transaction could be announced by the end of April, according to local newspaper Estadão. Original Source
Read More
Hashdex, a global crypto-focused asset manager, has revealed the launch of its Web3 Exchange Traded Fund (ETF) with a new announcement.As per a report by Cointelegraph Brazil, the new ETF will be available on B3, Brazil's main stock exchange, and will give investors a secure and diversified way to invest
Read More
The acquisition, which is step one in 2TM’s plans to expand into Europe, still needs approval from Portugal's Central Bank, 2TM told CoinDesk in a written statement, although the company expects that to occur “within the next couple of months.” Source
Read More
2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, is looking to make strategic acquisitions to achieve its goal of expanding into Argentina, Chile, Colombia and Mexico, 2TM CEO Roberto Dagnoni told Bloomberg Tuesday.The company is looking to become a provider of blockchain infrastructure for
Read More
The Central Bank of Brazil (BCB) plans to launch a pilot of a digital currency (CBDC) by 2022, BCB President Roberto Campos Neto said on Friday, local media outlet Estadao reported.In September, the BCB told the Brazilian Senate that it planned to launch the final version of a digital real
Read More
Mercado Bitcoin, Brazil’s largest crypto exchange, reached an agreement with Brazilian energy trader Comerc to release two renewable energy tokens, Reuters reported Wednesday.The first token will work as a cashback for Comerc customers who generate renewable energy through its distributed generation system, Sou Vagalume. The company plans to allow the
Read More
Brazil’s B3 stock exchange could serve as the information oracle for the smart contract system of a digital real (CBDC), according to the Central Bank of Brazil (CBC).Mardilson Queiroz, part of the CBC’s department of financial system regulation, said that B3 could act as one of the system’s “oracles”, creating
Read More
The President of the Banco Central do Brasil (BCB) also known as the Central Bank of Brazil has stated that it is important to have robust cryptocurrency regulatory policies in place, to address the increased interest in the nascent technology. Cryptocurrency to Exist With Brazil’s Instant Payment System According to Bloomberg, Roberto
Read More