Brazil

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Brazil Might Approve Its Cryptocurrency Law This Week

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This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is set to also discuss … Read more

Santander to Offer Cryptocurrency Services in Brazil in the Coming Months

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Santander, one of the biggest banking institutions in the world, has announced it will start offering cryptocurrency services in Brazil. Its CEO, Mario Leão, made the announcement in an interview with local media, stating that the company was still seeking the best way of getting into the cryptocurrency services market. Other banks and fintech organizations … Read more

IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation

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The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will be decelerated by several factors, including the … Read more

FTX CEO Sam Bankman-Fried Believes Crypto Will Thrive in Latam

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Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing in Latam, stating that use is expected to grow for remittances and payments in the future. Sam Bankman-Fried Talks Crypto in Latam Latam is one … Read more

Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency

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While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve currency is meant to rival the U.S. dollar and the International … Read more

Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block

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Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will be able to keep trading on Bit2me’s platform, having their … Read more