Brazil Revenue Collector’s Data Shows Cryptocurrency Volumes Exceed $6 Billion Between January and September

Brazil Revenue Collector's Data Shows Cryptocurrency Volumes Exceed $6 Billion Between January and SeptemberRaw data from the Federal Revenue of Brazil (RFB) shows that crypto traded volumes in the country exceeded $6 billion between January and September this year. According to the data, bitcoin dominates as it accounts for over 80% of traded volumes. Still, other cryptos like bitcoin cash, dai, and dogecoin had significant volumes in the […]

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Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End

Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-EndBrazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies. According to regional media reports, Brazilian firms that specialize in cryptocurrency custody services, brokerage services, and exchanges […]

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The Daily: Electrum Users Targeted by Hackers, Huobi DM’s Daily Volume Exceeds $1B

The Daily: Electrum Users Targeted by Hackers, Huobi DM Daily Volume Exceeds $1BElectrum developers have confirmed reports of an attack against the popular cryptocurrency wallet. Also covered in The Daily, Huobi Derivative Market’s daily trading volume has reached $1 billion, and one of the founders of Brazil’s leading crypto exchange Foxbit has died in a car crash. Also read: UFC 232 to Have Official Crypto Partner, 5% […]

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Huobi Expected to Enter Brazilian Cryptocurrency Market

Huobi Expected to Enter Brazilian Cryptocurrency MarketThe third largest cryptocurrency exchange by volume, Huobi, appears poised to enter the Brazilian market – with local reports indicating that the company has established an office in São Paulo, in addition to seeking to hire local talent. The interest in Brazil’s market comes at a time of peak interest in cryptocurrency among Brazilian citizens, […]

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