Brazil – Page 14 – DIGIT INFO

Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch

Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be able to choose if they want to work in-office or remotely. The company also hinted at the launch of a debit […]

Go to Source

Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill

The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loophole in the current document in which some tokens would not be considered securities, including tokenized physical goods and carbon credits. Brazilian CVM Presses for Changes […]

Go to Source

Latin America is ready for crypto — just integrate it with their payment systems

Brazil is already leading the globe in cryptocurrency adoption. Integrating crypto with payment providers in the region is a surefire way to see Latin America fully embrace the industry.

Go to Source

Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes

Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September 1st, this being the second round of layoffs the company has executed […]

Go to Source

Brazilian SEC seeks to change its role in cryptocurrency regulation

Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets.

Go to Source

Bitcoin is for those in need, the rest need time to learn: Surfin Bitcoin Panel

A panel discussion hosted at Surfin Bitcoin, France, illustrated that while Bitcoin works for those in need, more education is required.

Go to Source

Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution

Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s system was one of the eight proposals selected by the Central Bank of Brazil as part of LIFT Lab, an annual […]

Go to Source

Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year

Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have […]

Go to Source

Moody’s States Inflation Is Affecting Economic Recovery in Part of Latam

Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend on other factors to attenuate the effects […]

Go to Source

Latam Giant Mercado Libre Launches Mercadocoin in Brazil

Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain items linked with the token. The token will have an initial value […]

Go to Source