Brazil | ForkLog

ForkLog 7 29.07.2022

Santander to offer cryptocurrency trading to residents of Brazil

The Brazilian branch of Santander will offer clients the ability to trade digital assets in the coming months. This was stated in an interview with Folha de S. Paulo by its CEO Mario Liav.

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ForkLog 15 12.05.2022

Brazil’s largest broker XP Inc. to launch crypto exchange with Nasdaq backing

Brazil's largest broker XP Inc., in cooperation with Nasdaq, will launch the XTAGE digital-asset trading platform in June.

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ForkLog 4 12.05.2022

Brazil’s largest neobank to give 50 million customers access to cryptocurrencies

Nubank announced a partnership with Paxos. During May–July, Brazilian digital bank customers will be able to buy, sell and hold Bitcoin and Ethereum.

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ForkLog 9 13.04.2022

Brazil reveals timelines for CBDC pilot project

The Central Bank of Brazil plans to roll out a pilot project for the national digital currency (CBDC) in the second half of 2022, according to regulator president Roberto Campos Neto.

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ForkLog 8 27.03.2022

Rio de Janeiro authorities to allow paying property tax in bitcoin

In 2023, the Rio de Janeiro administration will amend the legislation to allow paying property tax with bitcoin. This was announced by Chicão Bulhões, head of the city's Department of Economic Development and Innovation.

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ForkLog 9 14.01.2022

Rio de Janeiro authorities plan to invest part of the city’s reserves in cryptocurrencies

Rio de Janeiro mayor Eduardo Paes announced that the prefecture intends to convert 1% of the city’s cash assets into the first cryptocurrency, according to O Globo.

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ForkLog 13 10.01.2022

Brazilian police arrest organizer of Mirror Trading International Bitcoin pyramid

The Brazilian military police arrested the founder and CEO of the Mirror Trading International cryptocurrency pyramid, Johann Steynberg, who had been sought by Interpol and the FBI in 2019.

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ForkLog 4 14.12.2021

Brazil’s largest stock exchange to launch cryptocurrency products

The largest stock exchange in Latin America, B3 (the São‑Paulo Stock Exchange), plans to enter the cryptocurrency market in 2022. According to InfoMoney, the venue is considering launching a range of products, including ETFs, OTC and custody services.

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ForkLog 10 01.12.2021

2TM Group, parent of Brazil’s Mercado Bitcoin, closes $50.3 million expanded Series B round

2TM Group, the parent of Brazil's cryptocurrency exchange Mercado Bitcoin, closed an expanded Series B funding round worth $50.3 million, according to The Block.

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ForkLog 10 23.11.2021

MercadoLibre’s payment service to give customers access to cryptocurrencies

The operator of Latin America's largest online marketplace, MercadoLibre, will open to customers the ability to invest in cryptocurrencies through its payments app. Bloomberg reports this.

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ForkLog 9 27.10.2021

Bitcoin trading added to Brazilian ride-hailing aggregator’s wallet

From November 3, users of the Brazilian ride-hailing service 99's app will be able to buy and sell Bitcoin, CoinDesk reports.

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ForkLog 8 04.10.2021

Brazil to tighten penalties for cryptocurrency-related crimes

The Special Committee of the Brazilian Chamber of Deputies proposed increasing fines for money laundering using cryptocurrencies from one-third to two-thirds of the amount, and the prison term to four to sixteen years and eight months.

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