Brazilian central bank president confirms CBDC pilot will launch in 2022
The sovereign national digital currency will be based on national fiat and would have a fixed supply quite similar to Bitcoin.
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Brazil and Indonesia Global Leaders in Crypto Adoption: Gemini Survey
A study conducted by the cryptocurrency exchange Gemini determined that approximately 41% of the surveyed individuals from Brazil and Indonesia own digital assets. The United States and the United Kingdom…
New crypto owners nearly doubled in 3 key regions in 2021: Report
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021.
Coinbase Set to Close Deal to Acquire 2TM, Parent Company of Latam’s Biggest Exchange, Mercado Bitcoin
Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has…
Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April.
Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the…
Rio de Janeiro to accept Bitcoin for real estate taxes from 2023
Supporting this cause led by Mayor Eduardo Paes, Binance CEO Changpeng Zhao announced to open a new office in the Brazilian city stating that “He's done his part. We are…
Rio de Janeiro to Accept Cryptocurrency Payments for Taxes (Report)
Cryptocurrency adoption comes in different forms these days, but it seems that countries and cities are becoming more open to the idea of allowing certain payments to be made using…
BNDES Director Offers New Insights on Development of Brazilian Blockchain Network
Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018.…
Binance Explores Acquisition of Brazilian Securities Brokerage Firm
Leading cryptocurrency exchange Binance is showing its intention of expanding its activities to Brazil. The company announced that it has signed a memorandum of understanding with a regulated securities brokerage…