#Brazil

Brazil, the largest country in South America, known for its Amazon rainforest and vibrant culture.

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ForkLog 13 23.01.2023

Coinbase CEO proposes Bitcoin as a common currency for Brazil and Argentina

The head of the cryptocurrency exchange Coinbase, Brian Armstrong, called Bitcoin 'the right long-term bet' for Brazil and Argentina, which have been weighing the idea of creating a common currency.

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ForkLog 6 22.12.2022

Bitcoin recognised as a payment method in Brazil

Bitcoin will be usable in Brazil as a means of payment and an investment asset. The law establishing this status was signed by President Jair Bolsonaro.

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ForkLog 9 16.12.2022

Crypto.com receives Brazil payment-institution licence

The Crypto.com cryptocurrency platform has received a Payment Institution Licence from the Central Bank of Brazil.

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ForkLog 8 14.12.2022

Brazilian central bank to launch digital real in 2024

The Central Bank of Brazil will launch a CBDC in 2024 after a closed pilot program with financial institutions. The regulator's head, Roberto Campos Neto, said this, Reuters reports.

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ForkLog 7 30.11.2022

Brazilian Parliament approves regulation of the crypto industry

Brazil's Chamber of Deputies approves a bill regulating the crypto industry, according to CoinDesk.

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ForkLog 10 07.10.2022

Brazilian police dismantle €780m cryptocurrency pyramid

Brazilian police carried out searches at 20 addresses across three states tied to a case of international cryptocurrency fraud worth €780m, according to The Portugal News.

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ForkLog 4 04.10.2022

Binance to open two new offices in Brazil

The cryptocurrency exchange Binance announced the opening of two offices in Brazil to expand its operations in the country.

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ForkLog 3 27.09.2022

Nubank’s cryptocurrency customers exceed 1.8 million

The user base of Brazil's largest neobank Nubank surpassed 70 million. Among them, the number of cryptocurrency buyers reached 1.8 million, according to a press release.

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ForkLog 9 21.09.2022

Brazil court orders cryptocurrency fraud suspect to pay $3.7 billion

The Rio de Janeiro court ordered GAS Consultoria founder Glaidson Acácio dos Santos to deposit 19 billion reais (~$3.7 billion). The funds will be used to compensate victims of cryptocurrency fraud, according to O Globo.

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ForkLog 6 05.09.2022

Mercado Bitcoin exchange operator trims another 15% of staff

2TM Group, the parent company of the Brazilian cryptocurrency exchange Mercado Bitcoin, cut its staff by 15% after layoffs in June. The Block reports.

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ForkLog 9 16.08.2022

Brazilian broker XP launches XTAGE crypto-trading platform

Leading Brazilian financial broker XP has launched the XTAGE crypto-trading platform, using Nasdaq technology.

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ForkLog 6 15.08.2022

BlueBenx reports $31 million hack and halts withdrawals

The Brazilian cryptocurrency platform BlueBenx blocked customer withdrawals, citing a hack. Portal do Bitcoin reports this.

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