Brazil Financial News
20.05 / 15:51
business
Binance
regulation
Latin America
coinbase
Binance provider in Brazil gets payment institution approval
Latam Gateway, the payment provider for Binance in Brazil, has been granted a license by the country's central bank to operate as a payment institution and electronic money issuer on May 19, according to local media reports.
20.05 / 10:57
Blockchain
Adoption
Supply Chain
Agriculture
From farm to cup: How blockchain is used in the coffee supply chain
Blockchain has a lot to offer to agriculture, helping the oldest industry reach a new dimension. Everything related to data and transactions can be enhanced with traceability, security, and speed. All of these features and benefits can transform agriculture and help it scale. With demand for food and agricultural products expected to jump 70% by 2050, scaling is more than a necessity.
19.05 / 17:45
CBDC
legislation
lawmakers
US lawmakers
US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC
US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.
19.05 / 10:47
Stablecoin
Tether
coinbase
European Union
IMF
Usd Coin
Future
Stablecoin survival: Navigating the future amid global de-dollarization
It is an empirical fact that the United States dollar is continuing to lose its dominant role as the global reserve currency, but what might happen to the stablecoin market should it be superseded?
19.05 / 04:59
regulation
Congress
Chamber of Digital Commerce
Lobby
Blockchain arms race risks being won by ‘adversarial nations’ — US crypto lobby group
A blockchain lobbying group backed by the likes of Goldman Sachs, Citi Group, Circle and Fidelity has urged the United States Congress to pass a legal framework for digital assets or risk falling behind other nations.
16.05 / 07:15
BTC
Man
RIG
crypto mining
Bitcoin
BTC Mining
raid
Paraguay Police Raid Unearths 300 Stolen BTC Mining Rigs
Police have recovered 300 Bitcoin (BTC) mining rigs stolen from a farm in Paraguay, following a major operation conducted by the nation’s Anti-Kidnapping Department (DAS).
11.05 / 12:01
11.05 / 09:47
UPS
Crime
Platform
Bitcoin
Brazilian Probe Unearths ‘Money Laundering’ at ‘Obscure’ Crypto Exchange – Militias Turning to Crypto?
A notorious Brazilian militia group reportedly moved thousands of USD worth of money and coins through an “obscure” domestic crypto exchange.
10.05 / 09:37
09.05 / 23:29
CEO
Strategy
BTG
Revolut goes live in Brazil
Revolut's global account will offer locals foreign exchange and remittance capabilities in 27 currencies, in addition to having a card that is accepted in more than 150 countries. Nik Storonsky, co-founder and CEO, says: “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently.
09.05 / 13:07
Blockchain
Ethereum
CBDC
BLOCK
Digital
LiveCoin
Brazil Central Bank CBDC Pilot Snubs Crypto Firms
The Central Bank of Brazil has effectively blocked crypto firms from taking part in its central bank digital currency (CBDC) pilot.
06.05 / 13:41
Binance
regulation
Department Of Justice
sanctions
Department
US Justice Department investigating Binance for violating Russian sanctions: Report
Binance is under investigation by the United States Justice Department (DOJ) national security division for allowing Russians to use the cryptocurrency exchange in violation of U.S. sanctions, according to a report that appeared in Bloomberg on May 5. There have been no accusations against the company or its executive in connection with the investigation.
03.05 / 16:15
Law
regulation
Dark Web
Global Dark Web Crackdown: 288 Arrested, Drugs, Guns, and Crypto Seized
The US and international law enforcement have made 288 arrests and seized over $53 million in cash and cryptocurrency as part of a major dark web crackdown.
02.05 / 08:47
CEO
Strategy
BTG
Revolut goes live in Brazil
Revolut's global account will offer locals foreign exchange and remittance capabilities in 27 currencies, in addition to having a card that is accepted in more than 150 countries. Nik Storonsky, co-founder and CEO, says: “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently.
28.04 / 15:11
Where crypto can grow: Digital asset regulations around the world
As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space.
28.04 / 13:31
Blockchain
CBDC
Digital
VISA
Platform
Visa to Develop Brazilian Blockchain-powered CBDC Project
The payments giant Visa has unveiled a new blockchain and central bank digital currency (CBDC) project in Brazil.
22.04 / 16:07
business
Gemini
Derivatives
Winklevoss Twins
Gemini to launch derivatives platform outside the United States
United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.
21.04 / 13:55
20.04 / 16:57
Binance
regulation
security
Brazilian authorities investigate Binance for guiding clients past stop order: Report
Binance is under investigation in Brazil by the Federal Prosecutor’s Office and Federal Police, according to a report in Valor Econômico newspaper. The cryptocurrency exchange has allegedly been helping clients evade a stop order on cryptocurrency derivatives investments.
20.04 / 13:31
CBDC
Adoption
regulation
Banks
Central Bank
banking
foreign
Foreign trade and pensions: What’s next for Russia’s CBDC project?
The pilot for Russia’s central bank digital currency (CBDC) pilot should have been launched on April 1, but it was delayed at practically the last moment due to the slow pace of the necessary associated legislation passing through parliament.
20.04 / 13:09
Blockchain
Provident
Binance
Brazilian Police ‘Probe Binance over Derivatives Offerings’
Binance could face punishment in Brazil for allegedly failing to respond to an order to stop selling crypto derivatives.
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