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Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil

Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments…

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Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment

A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo…

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Brazil’s New Proposal Seeks to Recognize Bitcoin, Crypto as Legal Financial Assets

While it’s still early to speculate if Brazil is following in El Salvador’s footsteps, the latest proposal demonstrates the country racing towards meaningfully regulating the crypto industry as adoption reaches…

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Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this…

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Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins

The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of…

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2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down

2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown.…

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