Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency
Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during…
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New Cryptocurrency Bill Advances to Senate in Brazil
A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if…
MercadoLibre plans to accept BTC and cryptocurrencies as payment for all products
The Latin American e-commerce platform selected Brazil to kick-off crypto payments via its MercadoPago application.
Mercado Bitcoin’s Parent Company 2TM Secures $50 Million to Push Expansion
2TM Participacoes, the parent company of Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, has recently raised $50 million from investors to further its expansion project. Crypto Service Expansion in LatAm According…
2TM, Mercado Bitcoin’s Holding Company, Raises $50.3 Million in Second Closing of Series B Funding Round
2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again,…
Mercado Bitcoin parent company 2TM raises $50M, further cementing unicorn status
The Series B builds off 2TM’s massive $200 million SoftBank-led raise in July, which catapulted the company to a $2.1 billion valuation.
2021 Crypto Literacy Report Suggests 96% of Americans Fail to Comprehend Basic Crypto Knowledge
A recent study suggests that 99% of people from Mexico and Brazil and 96% of Americans fail to grasp the basic concepts of cryptocurrencies. Out of all the survey respondents…
Largest cryptocurrency exchange in Latin America to develop renewable energy tokens
Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use.
Brazilian federal deputy proposes crypto payment option for workers
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies.
Brazilian Politician Proposes Bill to Offer Government Workers Payments In Bitcoin
Cryptocurrencies are continuing to gain traction as a payment option by businesses and governments alike. Recently, Deputy Luizão Goulart of Brazil proposed a bill to allow public and private sector…