Tag: brazil

Oct 27 2021

Latin America, Tipping Point: Bitcoin Beach Brazil, Colombia ATMs, Mining Arg

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...

Oct 19 2021

Brazilians bought over $4 billion worth of crypto in 2021

Oct 19 2021 Published at CryptoSlate under tags  adoption bitcoin brazil btc

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...

Oct 18 2021

Brazil Is Not Making Bitcoin Legal Tender: A Look Inside The Bill

Oct 18 2021 Published at Bitcoin Magazine under tags  bills brazil legal tender markets

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...

News From El Salvador, Mid October: Bitcoin Earnings, Pet Hospital, Motorcycles

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...

Oct 04 2021

Breaking: Brazil Introduces Bill to Regulate Bitcoin ($BTC), Citizens Call it Flawed

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...

Sep 21 2021

$80 Billion Brazilian Investment Bank Launches Bitcoin and Crypto Trading App

Sep 21 2021 Published at Bitcoin Magazine under tags  bitcoin brazil culture

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...

Sep 10 2021

Survey: 48% Of Brazilians Want To Make Bitcoin A Legal Currency

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...

Sep 03 2021

Mercado Bitcoin Is The New Sponsor Of Brazilian Football Club Corinthians

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...

Aug 18 2021

Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC

Aug 18 2021 Published at CryptoSlate under tags  adoption brazil brian brooks cbdc cbdcs

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...

Aug 09 2021

Brazil Lists Another Bitcoin ETF, First Carbon-Neutral

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...

Jul 28 2021

DOGE For Dogs: Burger King Brazil Now Accepts Dogecoin For Dog Food

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...

Jul 14 2021

Brazil Approves the First Ether ETF Listed in Latin America

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

Jul 06 2021

Jul 01 2021

Largest Exchange In Latin America, Mercado Bitcoin, Raises $200 Million From SoftBank

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...

Jun 13 2021

Brazil’s Central Bank Delays CBDC Timeline to 2024

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...

Jun 11 2021

Just-In: First Latin American Bitcoin ETF to Launch on June 23rd

Jun 11 2021 Published at Coingape under tags  bitcoin etf bitcoin news brazil btcbrl btcbusd

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

Mar 19 2021

First Bitcoin ETF Approved In Latin America

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,...

Jan 22 2021

Jan 05 2021

Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil

Jan 05 2021 Published at CoinDesk under tags  acquisitions brazil business latin america ripio

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

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