The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in CryptoA Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of […]

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P2P Markets Report: Latin American and Hungarian Volume Surges

P2P Markets Report: Latin American and Hungarian Volume SurgesLatin American peer-to-peer (P2P) markets have seen an influx of volume in recent weeks, with the Localbitcoins markets of Argentina, Brazil, and Venezuela posting significant spikes in volume. In other news pertaining to international P2P markets, the Hungarian Localbitcoins markets produced near-record volume in recent weeks, whilst Canada’s recent surge in volume appears to have […]

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Large Passenger Bus Companies in Brazil Start Accepting Three Cryptocurrencies

Large Passenger Bus Companies in Brazil Accept Three CryptocurrenciesTwo major passenger bus companies in Brazil have started accepting cryptocurrency payments for ticket sales. The companies say they are the first in the sector to accept crypto payments in the country. One of them has more than 800 buses; the other claims to have the newest and most modern fleet in Brazil. Also read: Yahoo! […]

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Brazil’s ABCB Wants Banks to Begin Servicing Cryptocurrency Firms Again

Brazil is not necessarily the hottest region when it comes to cryptocurrency ecosystems. Even so, there appears to be a growing Bitcoin movement in the country. It has become apparent that Brazilian banks do not take kindly to Bitcoin and other currencies, yet they are facing some pushback from the Brazilian Association of Cryptocurrencies and […]

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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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Chilean Bank Reopens Accounts of Cryptocurrency Exchanges

Chilean Bank Reopens Accounts of Cryptocurrency ExchangesFollowing the court order for three major banks in Chile to reopen current accounts of crypto exchanges, Cryptomkt and Buda.com, one bank has complied. Bancoestado has reportedly made arrangements to open an account for Cryptomkt exchange, which expects to resume cryptocurrency transactions in the coming days. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Brazil’s Largest Brokerage Reportedly Working on OTC Bitcoin Brokerage

Brazil’s Largest Brokerage Reportedly Working on OTC Bitcoin BrokerageThe OTC bitcoin trading market appears to be attracting big banks and brokers from all over the world who wish to secure a piece of this growing pie for themselves. And the latest company that might create a brokerage specifically for the field is from the largest economy of South America.  Also Read: Barclays Testing […]

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