Top Brazilian Investment Broker to Roll Out Crypto Trading Services in August
XP Inc., a leading Brazilian investment brokerage firm, plans to establish a crypto trading platform by mid-August, offering Bitcoin and Ethereum trading at the early stage.
Bitso Reaches 1 Million Users Mark in Brazil
Bitso has now reached a mark of 1 million users in Brazil, a year after its release in the country, the Mexican cryptocurrency exchange announced.
Binance Partners with Payment Platform Latam Gateway, Resuming Deposits and Withdrawals Service
Binance cryptocurrency exchange, the world’s largest crypto exchange platform by trading volume has announced a partnership with Brazilian payments platform Latam Gateway to restore deposits in Brazilian reals in the region.
Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project
Mercado Bitcoin and the Stellar Development Foundation will explore the possibility of developing CBDC solutions to meet Brazilian future payments needs in a digital economy.
Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows
Companies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, according to a study by financial payments processing firm CoinsPaid.
26% Brazilians Invested in Crypto over Last 6 Months, Study Shows
A transition to cryptocurrencies as a means of payment and store of value by 26% of Brazilians in the last six months has been prompted by being unbanked or underbanked and high inflation rates, according to a study by crypto exchange KuCoin.
Bybit Enters Brazil After Govt Approval for Crypto
Dubai-based cryptocurrency trading platform, Bybit has announced its full-scale expansion into Latin America through Brazil.
Brazilian Central Bank Exec Says CBDC Pilot to Go Live this Year
Roberto Campos Neto, the President of the Central Bank of Brazil, has confirmed that there will be a pilot testing of Central Bank Digital Currency (CBDC) dubbed the Digital Real.
Rio de Janeiro to Accept Crypto Property Tax Payment from 2023
Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.
Brazilian Senate Committee on Economic Affairs Approves Crypto Regulation Bill
Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill highlighting the ground rules and day-to-day usage of digital currency funds.