Brazil News

The Federative Republic of Brazil is a country in South America with a population of two hundred eight million and has the largest area in both Latin America and South America. Brazil has a large economy with the eighth-largest gross domestic product (GDP) but a small GDP per capita and poor positions in human-development and crime, with one of the highest levels of homicide and violence. Brazil has no strict regulations towards Bitcoin. Bitcoin in Brazil operates under Law No. 12,865 that was enacted in October 2013. Bitcoin is considered an electronic currency – “resource, stored on a device or electronic system that allows user to perform a payment transaction”. Bitcoin trades are not taxable in Brazil, but operations with blockchain-based currencies are discouraged by financial authorities, such as the Central Bank of Brazil, due to their high operational risks.

Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil

5 HOURS AGO | by William Suberg

Japan and Brazil are the target of a new cryptocurrency-based remittance service based on Ripple.

1523 | 2

Brazil: Tether's New Banking Partner Deltec Suspected of Accepting Laundered Funds

NOV 06, 2018 | by Ana Berman

Tether’s new Bahamas-based banking partner is possibly involved in $25 million money laundering case being investigated by federal prosecutors in Sao Paulo.

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Brazilian Tax Regulator Publishes Draft on Cryptocurrency Taxation

NOV 02, 2018 | by Ana Berman

The Department of Federal Revenue of Brazil could require individuals and legal entities to send monthly detailed reports on crypto transactions.

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Two Brazilian Banks Reopen Accounts of Local Crypto Exchange to Avoid Fines

OCT 31, 2018 | by Ana Berman

Banco do Brasil and Santander reopen accounts of Brazilian crypto exchange Bitcoin Max following the preliminary court injunction.

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Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets

OCT 30, 2018 | by Marie Huillet

Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms.

19264 | 1

Brazilian Presidential Candidate Uses Blockchain to Publish Government Plan

OCT 16, 2018 | by Ana Berman

Brazilian presidential candidate Fernando Haddad has announced his campaign will use blockchain technology to distribute his policy positions and plans for the ...

4446 | 4

Brazil Tops List of Cryptojacking Coinhive Victims, Iranian Cybersecurity Authority Warns

OCT 10, 2018 | by William Suberg

Iranian cyber researchers have delivered statistics about Coinhive malware infections worldwide, with Iran ranking fourth place.

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Brazil: Antitrust Watchdog Sends Questions to Crypto Exchanges After Bank Account Closures

OCT 03, 2018 | by Ana Berman

Brazil’s antitrust regulator has obliged 10 crypto exchanges to answer questions about issues with their bank accounts.

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Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

SEP 22, 2018 | by Ana Alexandre

The biggest brokerage firm in Brazil, Grupo XP, is planning to launch a crypto exchange in the coming months.

12503 | 1

Dutch Supermarket Giant Adopts Blockchain to Make Orange Juice Production Transparent

SEP 21, 2018 | by Marie Huillet

Albert Heijn, Holland’s largest supermarket chain, has revealed it is using blockchain for its own-brand “sustainable” orange juice’s supply chain.

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Reuters: Brazil’s Antitrust Agency Launches Probe Into Major Banks Regarding Crypto Trade

SEP 19, 2018 | by Helen Partz

Brazil’s antitrust authority has reportedly launched an investigation into six major banks on alleged monopolistic activity in crypto markets.

5282 | 1

India Approves MOU on Joint Blockchain Research with BRICS Members

SEP 12, 2018 | by Ana Alexandre

The Indian government has approved an MOU on the joint research of blockchain technology application under the BRICS Interbank Cooperation Mechanism.

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Brazilian Crypto Platform Atlas Quantum Reveals Data Breach Affecting 260K Customers

AUG 27, 2018 | by Ana Berman

Crypto trading platform Atlas Quantum admitted a major leak in their database that has reportedly affected more than 261,000 customers.

4361 | 1

BRICS Summit: Major Banks From Member States Sign MoU on DLT Research

JUL 27, 2018 | by Max Yakubowski

Major banks from BRICS member states; Brazil, Russia, India, China, and South Africa, will study blockchain tech implementation.

20292 | 1

Brazil’s Central Bank Develops Blockchain Data Sharing Platform for Financial Regulators

JUN 21, 2018 | by Molly Jane Zuckerman

The central bank of Brazil has created a blockchain platform, currently in testing, that would link financial regulators and promote data sharing.

12439 | 1

Brazilian Government Plans to Process Petitions and Write Laws on Ethereum

JAN 06, 2018 | by Joseph Young

The Brazilian government is seeking to move popular petitions, an inefficient electoral system of the country, onto the Ethereum network

124042 | 5

Pax Crypto: Russia Proposes First Multinational Cryptocurrency, Expert Blog

JAN 13, 2018 | by Selva Ozelli

From Genghis Khan to cryptocurrencies: Russia wants to change the global trade with Blockchain and cryptocurrencies and make a strong ‘cryptounion’

104417 | 31

Santander: We’ll Launch Int’l Payment App With Ripple This Spring If No One Beats Us To It

MAR 24, 2018 | by Molly Jane Zuckerman

Santander has announced the upcoming launch of an international money transferring mobile app that will use Ripple’s technology.

75882 | 2

Digital Currency Dash Now Usable at 13,000 Locations In Brazil

DEC 12, 2017 | by Jon Buck

Dash links up with CoinBR to access users in Brazil at 13,000 locations.

39417 | 9

Clueless Central Bankers Regard Bitcoin With Envy, Hatred

OCT 21, 2017 | by Daniel Duarte

Bitcoin accomplishes what central bankers cannot: a stable and powerful economic system. It’s no wonder they hate digital currency.

24374 | 48

Sweden Officially Started Using Blockchain to Register Land and Properties

JUL 06, 2017 | by Joseph Young

Lantmäteriet, the land registry of Sweden, officially started to utilize Blockchain technology to register land and properties.

21996 | 4

BRICS Summit: Major Banks From Member States Sign MoU on DLT Research

JUL 27, 2018 | by Max Yakubowski

Major banks from BRICS member states; Brazil, Russia, India, China, and South Africa, will study blockchain tech implementation.

20292 | 1

Brazil’s Operação Lava Jato Paves The Way To Blockchain Implementation: Expert Take

APR 23, 2018 | by Selva Ozelli

What’s happening in the nation with the largest crypto investor base in the continent

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Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets

OCT 30, 2018 | by Marie Huillet

Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms.

19264 | 1

Bitcoin Fork SegWit2x Makes Enemies In Brazil, Argentina As 50 Sign Opposition Letter

OCT 18, 2017 | by William Suberg

A group of Latin American Bitcoin businesses and entities has issued a joint letter expressing “deepest concerns” over SegWit2x.

17454 | 8

Brazil’s First Crypto-Finance Master’s Degree Launches In São Paolo

APR 12, 2018 | by Marie Huillet

Brazilian university FGV launches the country’s first crypto-finance MA, in a bid to give students academic edge in the crypto startup market.

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Banks And Cryptocurrencies Global Evaluation: Americas

MAY 01, 2018 | by Christina Georgacopoulos

From friendly Canada to bans in Chile and Bolivia.

15484 | 5

Brazil’s Biggest Investment Firm To Launch OTC Crypto Exchange, Local Sources Say

APR 18, 2018 | by William Suberg

A new over-the-counter Bitcoin exchange could hit the Brazilian market after sources suggested traditional firm XP investimentos had launch plans.

14958 |

Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

SEP 22, 2018 | by Ana Alexandre

The biggest brokerage firm in Brazil, Grupo XP, is planning to launch a crypto exchange in the coming months.

12503 | 1

Brazil’s Central Bank Develops Blockchain Data Sharing Platform for Financial Regulators

JUN 21, 2018 | by Molly Jane Zuckerman

The central bank of Brazil has created a blockchain platform, currently in testing, that would link financial regulators and promote data sharing.

12439 | 1

Clueless Central Bankers Regard Bitcoin With Envy, Hatred

OCT 21, 2017 | by Daniel Duarte

Bitcoin accomplishes what central bankers cannot: a stable and powerful economic system. It’s no wonder they hate digital currency.

24374 | 48

Pax Crypto: Russia Proposes First Multinational Cryptocurrency, Expert Blog

JAN 13, 2018 | by Selva Ozelli

From Genghis Khan to cryptocurrencies: Russia wants to change the global trade with Blockchain and cryptocurrencies and make a strong ‘cryptounion’

104417 | 31

Brazilian Central Bank President Says Bitcoin is Pyramid Scheme

OCT 19, 2017 | by Joshua Althauser

Brazilian central bank Banco Central do Brazil President Ilan Goldfajn has compared the leading cryptocurrency Bitcoin to a pyramid scheme.

12301 | 18

Digital Currency Dash Now Usable at 13,000 Locations In Brazil

DEC 12, 2017 | by Jon Buck

Dash links up with CoinBR to access users in Brazil at 13,000 locations.

39417 | 9

Bitcoin Fork SegWit2x Makes Enemies In Brazil, Argentina As 50 Sign Opposition Letter

OCT 18, 2017 | by William Suberg

A group of Latin American Bitcoin businesses and entities has issued a joint letter expressing “deepest concerns” over SegWit2x.

17454 | 8

Banks And Cryptocurrencies Global Evaluation: Americas

MAY 01, 2018 | by Christina Georgacopoulos

From friendly Canada to bans in Chile and Bolivia.

15484 | 5

Brazilian Government Plans to Process Petitions and Write Laws on Ethereum

JAN 06, 2018 | by Joseph Young

The Brazilian government is seeking to move popular petitions, an inefficient electoral system of the country, onto the Ethereum network

124042 | 5

Sweden Officially Started Using Blockchain to Register Land and Properties

JUL 06, 2017 | by Joseph Young

Lantmäteriet, the land registry of Sweden, officially started to utilize Blockchain technology to register land and properties.

21996 | 4

Brazilian Presidential Candidate Uses Blockchain to Publish Government Plan

OCT 16, 2018 | by Ana Berman

Brazilian presidential candidate Fernando Haddad has announced his campaign will use blockchain technology to distribute his policy positions and plans for the ...

4446 | 4

Santander: We’ll Launch Int’l Payment App With Ripple This Spring If No One Beats Us To It

MAR 24, 2018 | by Molly Jane Zuckerman

Santander has announced the upcoming launch of an international money transferring mobile app that will use Ripple’s technology.

75882 | 2

Cointelegraph Now Brings Bitcoin, Fintech News Directly To Portuguese-Speaking Audience

JUN 30, 2017 | by Raoul Bova

Cointelegraph is now available in Portuguese.

6010 | 3

Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil

5 HOURS AGO | by William Suberg

Japan and Brazil are the target of a new cryptocurrency-based remittance service based on Ripple.

1523 | 2

US-Based Startup Ubitquity Brings Blockchain To Brazil’s Real Estate

APR 06, 2017 | by William Suberg

Brazil is trialing Blockchain real estate ownership as part of a first-of-its-kind partnership with Ubitquity.

4225 | 2

Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

SEP 22, 2018 | by Ana Alexandre

The biggest brokerage firm in Brazil, Grupo XP, is planning to launch a crypto exchange in the coming months.

12503 | 1

Warren Buffett’s Holding Invests $600 Mln in Fintech Firms Focused on Emerging Markets

OCT 30, 2018 | by Marie Huillet

Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms.

19264 | 1