Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.
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Brazil’s Largest Crypto Exchange Partners With Stellar To Work on a CBDC
On May 24, Mercado Bitcoin, the largest cryptocurrency and digital asset platform in Latin America, announced its partnership with the Stellar Development Foundation (SDF) to participate in the development of…
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval.
Government of Uruguay Presents Campaign Against Crypto Scams
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign…
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
Chief financial officer André Milanez said that the product will launch within the next 6 months.
Brazil’s Leading Financial Broker XP to Launch a Crypto Trading Platform
The Brazilian investment management company – XP Inc. – reportedly joined forces with Nasdaq to launch a cryptocurrency trading platform. Called XTAGE, it should go live by the end of…
Brazilian Digital Banking Giant Partners With Paxos to Offer Crypto Services
São Paulo-based Nubank, Latin America’s largest digital bank, has signed a partnership deal with blockchain infrastructure platform Paxos to support cryptocurrency trading services within its banking app. Nubank Supports Direct…
Nasdaq partners with XP to launch cryptocurrency exchange in Brazil
The exchange, known as XTAGE, is currently scheduled to launch in Q2 2022.
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers.
Coinbase’s plans to purchase firm behind Mercado Bitcoin fall through: Report
The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform.
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