Santander bank trials blockchain platform for used cars in Brazil
Santander Brasil is also reportedly planning to launch crypto trading services to its customers, CEO Mario Leao announced in July.
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Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC
Santander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part…
Tether and Smartpay to Offer USDT at More Than 24,000 ATMs in Brazil
Tether, the company behind the issuance of usdt, the biggest dollar-pegged stablecoin in the cryptocurrency market, has announced its stablecoin will be available at more than 24,000 ATMs in Brazil.…
Nubank to launch loyalty tokens on the Polygon blockchain
Dubbed Nucoin, the token creation process will receive collaboration from 2,000 clients in the following months.
Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments
The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive…
$50B asset custody platform GK8 enters Brazil with license agreement
Brazil is becoming a hotbed for crypto adoption, with the country’s tax authority recently claiming that over 12,000 companies hold digital assets.
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM…
Over 12,000 Brazil companies declare crypto holdings in record high
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded.
Brazil Police Busted the ‘Bitcoin Sheikh’ for Stealing Over $766 Million (Report)
Brazil’s Federal Police reportedly halted the operations of a criminal gang led by the businessman Francisco Valdevino da Silva, a.k.a “Bitcoin Sheikh.” The authorities claimed that the wrongdoers defrauded thousands…
Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings
Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and…
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