One of the largest Brazilian banks, Bradesco, will close the accounts of cryptocurrency exchange Bitblue and its owners.
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.
- News
- News
Ripple has announced the latest new partners in its global University Blockchain Research Initiative, which include universities in China, Singapore and Brazil.
- News
by Ana Berman
Brazilian president Jair Bolsonaro has criticized the country’s now-suspended crypto project for indigenous people.
- News
by Ana Berman
Atletico Mineiro, a Brazilian premier league soccer club, is launching its own fan token “GaloCoin” based on Ethereum blockchain.
- News
by Ana Berman
A security researcher claims that the number of MikroTik routers affected by cryptojacking malware has doubled since August 2018.
- News
by Ana Berman
The largest private bank in Brazil, Itau Unibanco, has tested a $100 million loan on a blockchain platform powered by R3.
- News
Japan and Brazil are the target of a new cryptocurrency-based remittance service based on Ripple.
- News
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.
- News
by Ana Berman
The Department of Federal Revenue of Brazil could require individuals and legal entities to send monthly detailed reports on crypto transactions.
- News
by Ana Berman
Banco do Brasil and Santander reopen accounts of Brazilian crypto exchange Bitcoin Max following the preliminary court injunction.
- News
Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms.
- News
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 ...
- News
Iranian cyber researchers have delivered statistics about Coinhive malware infections worldwide, with Iran ranking fourth place.
- News
by Ana Berman
Brazil’s antitrust regulator has obliged 10 crypto exchanges to answer questions about issues with their bank accounts.
- News
The biggest brokerage firm in Brazil, Grupo XP, is planning to launch a crypto exchange in the coming months.
Editor’s Choice
- Ethereum’s Vitalik Buterin Discloses Non-ETH Crypto Holdings and Other Revenue Sources
- New Survey Indicates Businesses Unprepared to Deploy Blockchain Technology
- Bitcoin Again Tests $4K Amidst Anticipation of US and China Trade Deal Finalization
- Survey: Half of Millennial Investors Trust Crypto Exchanges More Than Stock Exchanges
- Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 18