Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments.
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Brazil Stock Exchange wants to provide oracles for digital real
“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said.
Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG
Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in…
Major Brazilian Bank BTG Pactual to Offer Investment Options in Bitcoin and Ethereum
The major Brazilian bank – BTG Pactual – will enable its customers to trade digital assets directly through a new platform called Mynt. The offering will be available from the…
Top Brazilian investment bank BTG Pactual launches crypto trading app
Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins.
Poll: 48% of Brazilians Support Making Bitcoin Their Official Currency
A recent poll from Sherlock Communications has found that nearly half of Brazilians agree that Bitcoin should be adopted as the currency of the country, following in the footsteps of…
Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several…
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil
A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating…
The Largest Crypto Seizure in Brazil: Nearly $29M Worth of Digital Assets Seized
The Brazilian Federal police exposed a local financial pyramid scheme and confiscated nearly $30 million in cryptocurrencies. The operation marked the largest seizure of digital assets in the history of…
Brazil’s central bank president endorses crypto regulation
Central bank head Roberto Campos Neto recognizes the demand for greater crypto regulation as the country evolves in the market.