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Ripple Opens Shop in South America with Brazil’s $2 Billion Remittance Market

by Mark Emem

12/06/2019 - Updated on 18/06/2019

By CCN Markets: Ripple has announced the launch of operations in Brazil as it prepares to capture a slice of ...

Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

by Jimmy Aki

28/04/2019 - Updated on 29/04/2019

By CCN.com: A report published in local Brazilian news outlet Zero Hora has revealed that Brazilian police have made an ...

Brazilian Exchange Mercado Bitcoin Wins $350,000 Legal Tussle Against Banco Santander

by Francisco Memoria

11/03/2019

The Court of Justice in São Paulo, Brazil, has recently ruled Banco Santander has to unfreeze the account of a ...

Crypto Nightmare: This Brazilian Investor Just Accidentally Bought Bitcoin at $20,000

by Francisco Memoria

15/02/2019

Every crypto investor's worst nightmare came true for one Brazilian trader, who accidentally bought bitcoin at a massive premium. At ...

Brazil’s New President Jair Bolsonaro Shuts Down ‘Indigenous Cryptocurrency’ Project

by Francisco Memoria

08/01/2019

Brazilian President Jair M. Bolsonaro has recently revealed through social media his administration has shut down a project that would ...

Brazilian Supermarket Chain Starts Accepting Cryptocurrency Payments

by Francisco Memoria

21/12/2018

The chain will be accepting cryptocurrencies via CoinWISE. Oásis Supermercados, a Brazilian supermarket chain located in ...

Crypto Exchange Huobi Dismisses 6 of Its 10 Employees in Brazil: Report

by Francisco Memoria

16/11/2018

Major cryptocurrency exchange Huobi has recently dismissed 60% of its workforce in Brazil, a country it entered a few months ...

Brazil’s Tax Regulator Wants to Snoop on Cryptocurrency Businesses

by Francisco Memoria

02/11/2018

Brazil’s Department of Federal Revenue (RFB) has recently revealed it’s looking to monitor the activities of businesses dealing with cryptocurrency, ...

Brazilian Bitcoin Exchange Wins Standoff as Bank Reopens Account to Avoid Fines

by Francisco Memoria

31/10/2018 - Updated on 30/10/2018

Bitcoin Max, a Brazilian cryptocurrency exchange, has recently seen two banks in the country, Santander and Banco do Brasil, reopen ...

Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

by Francisco Memoria

21/10/2018 - Updated on 20/10/2018

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made ...

Brazil: XP Investimentos’ Crypto Exchange Won’t Let Users Deposit or Withdraw Bitcoin

by Francisco Memoria

11/10/2018 - Updated on 10/10/2018

The website of XDEX, the cryptocurrency exchange launched by Brazil’s biggest investment firm, XP Investimentos, is already up and accepting ...

Brazil Watchdog Tells Crypto Exchanges to Answer Questionnaire or Face a Fine

by Francisco Memoria

03/10/2018

Brazil’s Administrative Council for Economic Defense (CADE), the country’s antitrust watchdog, has recently sent 10 cryptocurrency exchanges and an OTC ...

Brazil Gives Investment Funds Green Light to [Indirectly] Buy Bitcoin

by Francisco Memoria

03/10/2018 - Updated on 02/10/2018

Brazil’s securities regulator, Comissão de Valores Mobiliários (CVM), has reportedly authorized investment funds to indirectly put their money in the ...

Brazil’s Biggest Brokerage Processes Bitcoin Trades, Gov’t Supportive

by Joseph Young

24/09/2018 - Updated on 23/09/2018

Grupo XP, the largest independent brokerage in Brazil, has publicly released its plans to launch a Bitcoin and Ethereum trading ...

Brazil’s Antitrust Watchdog Probes Banks for Restricting Crypto Exchanges

by Francisco Memoria

20/09/2018

Brazil’s antitrust watchdog, the Administrative Council for Economic Defense (CADE), has recently launched an investigation into whether the country’s banks ...

Soccer ICO Bitcoin Football Cryptocurrency

Brazilian Football Club Avaí to Launch Cryptocurrency, $20 Million ICO

by Sujha Sundararajan

15/09/2018

Just days after French soccer giant Paris Saint-Germain football club (PSG) announced its own cryptocurrency, complete with an initial coin offering ...

Brazil’s Government Sends Local Cryptocurrency Exchanges a Questionnaire

by Francisco Memoria

29/08/2018

The Brazilian government has reportedly sent the country’s top cryptocurrency exchanges an inquiry in an attempt to know more about ...

Brazilian Crypto Investment Platform Atlas Hacked, Data Of 264,000 Users Leaked

by Francisco Memoria

28/08/2018 - Updated on 27/08/2018

Atlas, a popular Brazilian cryptocurrency investment platform, has been hacked. Although the company claims users’ funds are safe, the personal ...

Brazilian Cryptocurrency Exchange Wins Injunction Against Bank Who Closed Its Account

by Francisco Memoria

01/08/2018

Brazilian cryptocurrency exchange Walltime has recently won a court battle against local bank Caixa Econômica Federal, forcing it to unfreeze ...

Brazilian Bitcoiner Sees Passport Suspended after Slamming Tax Service

by Francisco Memoria

23/07/2018

A popular Brazilian YouTuber has been prohibited from leaving the country after he slammed the country’s federal revenue service, the ...

Brazilian Police Bust Gang Who Used Bitcoin to Launder Millions of Dollars

by Francisco Memoria

17/07/2018 - Updated on 16/07/2018

Brazil’s Federal Police has recently arrested 12 individuals connected to a gang that allegedly used bitcoin to launder “millions of ...

Brazilian Football Teams Ink Partnerships with Crypto Startup Inoovi

by Francisco Memoria

04/07/2018 - Updated on 03/07/2018

Two Brazilian football teams, Atlético-PR and Corinthians, have reportedly recently signed partnerships with Hong Kong-based crypto startup Inoovi, which recently ...