Tag: brazil

Did we overestimate Latin America’s interest in Bitcoin and other cryptocurrencies? Even though the continent seems to need the technology the most, mainstream adoption feels so far away. The El Salvador experiment might change that, but it’s not a guarantee. And, so far, there are no major indicators that any other country is going to follow suit. Is it too early for this...

Brazil's Central Bank has released data showing that its citizens have spent a total of $4.27 billion on cryptocurrency alone since the beginning of the year. Brazilians bought...

Brazil is not following El Salvador's example; here's a breakdown of the country's cryptocurrency bill.Brazil is not making bitcoin a legal tender.The Brazilian "virtual asset" bill seeks to define virtual assets and virtual asset services providers and increase investor protection by increasing regulation.The Central Bank of Brazil is more focused on developing its CBDC, the digital...

Time to check back with El Salvador. Their Bitcoin experiment is well underway, and it’s already showing results. Are these results positive or negative? You be the judge of that. We’ll just present the facts, the tweets, and the photos. Can you believe everything the people we’re quoting say? Of course not. Everyone has an agenda. However, a clear picture is emerging. And...

Brazil's special committee of the Chamber of Deputies a 'Bitcoin Bill' to legalize the use of $BTC in the country. The Federal Deputy of the country Aureo Ribeiro called Bitcoin a worldwide currency with the potential to change millions of lives. Brazil 🇧🇷 presented a bill to regulate #Bitcoin: Bitcoin is a worldwide currency that The post Breaking: Brazil Introduces Bill to Regulate...

Brazilian investment bank BTG Pactual becomes first large financial institution in Brazil to enable customers to make direct investments in Bitcoin.Large Brazilian investment bank BTG Pactual has announced the launch of a new platform enabling customers to make direct investments in Bitcoin, making it the first large financial institution in...

Brazilians were the biggest supporters of El Salvador's move among all countries surveyed and want to replicate that in their country.A survey performed by Sherlock Communications through the research platform, Toluna, found that 48% of Brazilians think their country should adopt bitcoin, with 31% agreeing and 17% strongly agreeing with the idea, reported local news outlet...

The biggest bitcoin exchange in Latin America is the new sponsor of Corinthians, one of the most popular football clubs in Brazil.Mercado Bitcoin, the biggest bitcoin exchange in Latin America, has secured a sponsorship deal with Brazilian football team Sport Club Corinthians Paulista, one of the...

Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank...

Hashdex launched its newest bitcoin ETF in Brazil, another addition to the country's diverse bitcoin ETF menu and the first to be carbon neutral.Investment firm Hashdex has announced its newest bitcoin exchange- traded fund (ETF) offering in Brazil, BITH11. The investment vehicle provides bitcoin exposure to retail investors by tracking the Nasdaq Bitcoin Reference...

Burger King Brazil has announced that customers can now purchase "dogpper" dog food using the Dogecoin (DOGE) cryptocurrency. Burger King Brazil Accepts Dogecoin As Payment For Dog Biscuits The fast-food chain has introduced a new product called Dogpper, a meat-flavored dog snack in the shape of a bone. The name of the Dogpper is a spin on Burger King's most popular product, "The...

The new fund will be trading under the ticker "QETH11" in the B3 stock exchange.

His company defrauded more than 7,000 investors.

Major Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets.The biggest bitcoin exchange in Latin America, Mercado Bitcoin, has raised $200 million from SoftBank as...

Brazil’s central bank, the Banco Central do Brasil (BCB), is pushing for more time to roll out its central bank digital currency (CBDC). Earlier in May, BCB released a document covering the general guidelines and characteristics of Brazil’s future CBDC. Roberto Campos Neto, BCB’s chief central banker, also stated earlier last year that the country would likely be prepared and ready...

QR Capital, the largest asset management firm in Latin America is all set to launch the continent's first Bitcoin ETF. The new Bitcoin...

QR Capital has announced that its bitcoin ETF will list on the Brazilian stock exchange, making it the first such product in Latin America.The first-ever bitcoin exchange-traded fund (ETF) to receive regulatory approval in Latin America is reportedly set to go live in Brazil this summer.QR Capital, the parent of Brazilian blockchain asset management company QR Asset Management,...

The exchange is planning to enter Chile, Mexico, and Argentina.

Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.