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Latest Brazil News
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Brazil’s federal court has sentenced three members of the collapsed crypto scheme Braiscompany to a combined 171 years in prison, marking one of the country’s harshest penalties in a financial fraud case. Joel Ferreira de Souza, identified as the main…
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Itaú Unibanco, the largest bank in Brazil and Latin America, is exploring the creation of a real-pegged stablecoin as it awaits regulatory clarity from the Central Bank’s ongoing public consultation. Itaú Unibanco is considering to issue an in-house stablecoin pegged…
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Brazilian neobank giant Nubank has expanded its crypto offerings, adding support for ADA, NEAR, ATOM, and ALGO. Nubank, a Brazilian neobank with over 85 million customers, is expanding its crypto offering with four new tokens, giving clients of its crypto…
Follow-up
Today, various governments and institutions around the world are exploring Bitcoin’s potential for their benefit. We hear much talk about adopting Bitcoin reserves on the national level. However, Brazil came to crypto adoption from a workers’ perspective by introducing a…
BTC
Bitcoin
News
Brazil seems to favor blockchain for BRICS cross-border trade, moving away from talk of a joint currency. Brazil may be exploring blockchain to improve BRICS — which includes Russia, India, China, along with other members — trade transactions, with the…
News
Cardano Foundation has sealed a strategic partnership with Serviço Federal de Processamento de Dados, a state-owned information technology firm and the largest technology provider for the government of Brazil. Serviço Federal de Processamento de Dados, or SERPRO, is a leading…
ADA
Cardano
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Former Brazilian football player, Ronaldinho Gaúcho has launched his official token, STAR10. Shortly after, on-chain data alludes to insider wallets making profit from it. On March 3, Ronaldinho announced the launch of his official token, dubbed STAR10. According to the…
BNB
BNB
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Hashdex has reportedly received regulatory greenlight to launch what would be the world’s first XRP spot exchange-traded fund. According to crypto news platform Portal do Bitcoin, Brazil’s Securities and Exchange Commission has approved the HASHDEX NASDAQ XRP INDEX FUND for…
XRP
XRP
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Ripple is launching in Portugal with Unicâmbio, helping businesses in Portugal and Brazil make cross-border payments. Ripple has partnered with Unicâmbio, a Portuguese currency exchange provider, to offer cross-border payments between Portugal and Brazil, the company said in a Feb.…
XRP
XRP
News
Brazilian neobank Nubank has launched a fixed 4% annual return for USDC holders, making the feature available to all crypto wallet users. The largest digital bank in Latin America, with more than 85 million customers in Brazil and 6 million…
News
Binance has fortified its presence in Brazil by bagging approval to take over Sim;paul, a locally licensed broker-dealer.
BTC
Bitcoin
News
Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective blockchain. According to a Dec. 23 X post from Injective, INJ, the native utility and governance token of the Layer-1 Injective blockchain, is now…
BTC
Bitcoin
RLUSD
Ripple USD
News
Banco Central do Brazil (BCB), the largest central bank in South America, has proposed legislation to ban stablecoin withdrawals to self-custody wallets. According to the Federal Government of Brazil’s document on Dec. 02, the central bank has opened the public…
USDT
Tether
News
Brazilian legislators in the Chamber of Deputies proposed allocating 5% of the nation’s $370 billion treasury to Bitcoin strategic reserve.
BTC
Bitcoin
News
A major money laundering network powered by cryptocurrencies linked to international drug cartels has been dismantled by United States federal authorities. On Nov. 21, a federal grand jury in the Southern District of Florida indicted nine individuals for conspiracy to…
News
The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
LINK
Chainlink
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