Search
Brazilian Police Raid 15 Companies as Part of Crypto ‘Pyramid Scheme’ Bust
28.9.2022
Federal police officers in Brazil have performed search-and-seize raids at 15 firms in two states in a bid to break up a suspected crypto-themed “pyramid scheme.”
Per Agência Brasil, the country’s national public news agency, officers swooped on 15 unnamed companies based in the states of Santa...
Brazilian Police Raid Six Crypto Exchanges in International Money Laundering Ring Bust
26.9.2022
Police and tax officers in Brazil have launched a major operation that has seen them raid six domestic crypto exchanges. They believe the platforms may be implicated in a massive international crime and money laundering ring....
Read More: Brazilian Police Raid Six Crypto Exchanges in International...
Brazilian Federal Police Raids 6 Crypto Exchanges in Money Laundering Investigation
23.9.2022
The names of the companies involved were not disclosed
Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved
23.9.2022
The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency exchanges, arbitrage agents, and fake companies in four states of the country....
Brazilian Regulator Wants ‘Transparency’ in Crypto Sector, Prepares to Issue Guidelines
20.9.2022
(Source: Robert Rusell/Unsplash)
Brazil’s markets regulator says it wants “transparency” in crypto and claims it is preparing a set of industry guidelines. The body is working in conjunction with the nation’s Economy Ministry – in a possible further setback for MPs hoping to regulate...
Transfero Introduces Digital Brazilian Real to Avalanche
15.9.2022
Transfero has brought the Digital Brazilian Real to the doorstep of Avalanche. This ambitious launch with far-reaching and all-around positive influence will be instrumental, for Avalanche dApps, in suitably connecting with the entire population of Brazil, bordering around 215 million people....
Digital Wallet Provider MetaMask Allows Crypto Purchases With Brazilian Reals
13.9.2022
MetaMask is the latest global crypto player to integrate with Brazil's Pix payment system, which has 126 million users
Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill
11.9.2022
The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loophole in the current document in which some tokens would not be considered securities, including...
Brazilian Tax Authority Registers Record Number of Cryptocurrency Statements
7.9.2022
The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there was a rise...
Last-gasp Brazilian Securities Regulator Intervention Could Scupper MPs’ Efforts to Police Crypto
6.9.2022
Brazilian markets regulator says it wants to play a leading role in regulating crypto – in a move that could derail parliamentarians’ own attempts to regulate the sector.
Per the financial arm of the newspaper giant Globo, the Brazilian Securities and Exchange Commission, known locally as the...
Crypto Exchange Binance Hires Former Brazilian Central Bank President as Adviser
5.9.2022
Henrique Meirelles also served as economy minister between 2016 and 2018
Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes
3.9.2022
Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September...
Brazilian SEC seeks to change its role in cryptocurrency regulation
2.9.2022
Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets
Second Round of Layoffs at Brazilian Crypto Unicorn 2TM
1.9.2022
2TM is the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation
Brazilian Crypto Asset Manager Hashdex Authorized to List ETPs in the European Union
31.8.2022
The company earlier this year received approval to operate in Switzerland, and listed an ETP there in May
Brazilian Crypto Exchange Digitra.com Launches Trading Platform Using Nasdaq's Cloud-Based Technology
30.8.2022
Nasdaq’s Marketplace Services Platform will support Digitra’s new Trade to Earn feature that awards tokens for every executed trade
Adoption Picks up Pace in LATM with Brazilian Central Bank’s DeFi Project & Developments in Argentina
30.8.2022
Crypto adoption is on the march in Brazil, where the nation’s Central Bank has commissioned a commercial banking giant to build a DeFi solution for its prototype central bank digital currency (CBDC). Meanwhile, across the border in Argentina, a city says that it will accept tax payments made using...
Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution
29.8.2022
Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s system was one of the eight proposals selected by the Central Bank of Brazil as part...
Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
27.8.2022
Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps...
Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’
24.8.2022
Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers...