Auto Added by WPeMatico

Brazil Based FTX Customers Organizing to File Class-Action Lawsuit

A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of…

Continue ReadingBrazil Based FTX Customers Organizing to File Class-Action Lawsuit

Brazilian Securities Regulator CVM Might Create a Supervision Unit to Deal With Crypto Markets

On Nov. 1, The Brazilian Securities Regulator, CVM, announced that it might create a new superintendence to deal with crypto-related market regulation. João Pedro Nascimento, president of the organization, said…

Continue ReadingBrazilian Securities Regulator CVM Might Create a Supervision Unit to Deal With Crypto Markets

Victory of President-Elect ‘Lula’ in Brazil Might Bring the Rise of a Common Currency for Latam

The victory President-Elect Luis Inacio Lula Da Silva obtained on Oct. 30 over the incumbent Jair Bolsonaro in Brazil might open the gates for the proposal of a single currency…

Continue ReadingVictory of President-Elect ‘Lula’ in Brazil Might Bring the Rise of a Common Currency for Latam

Luiz Inácio Lula da Silva wins Brazil’s presidential race — what does this mean for crypto?

The future president reportedly said that cryptocurrencies “deserved the attention of authorities,” calling for Brazil’s central bank to create a framework for digital assets.

Continue ReadingLuiz Inácio Lula da Silva wins Brazil’s presidential race — what does this mean for crypto?

Mercado Pago Launches Cryptocurrency Trading Services in Mexico

Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind…

Continue ReadingMercado Pago Launches Cryptocurrency Trading Services in Mexico

Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam

According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems…

Continue ReadingChainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam

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…

Continue ReadingSantander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC

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.…

Continue ReadingTether and Smartpay to Offer USDT at More Than 24,000 ATMs in Brazil