Brazilian central bank president confirms CBDC pilot will launch in 2022
The sovereign national digital currency will be based on national fiat and would have a fixed supply quite similar to Bitcoin. Go to Source Powered by WPeMatico
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New crypto owners nearly doubled in 3 key regions in 2021: Report
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021. Go to Source Powered by WPeMatico
Coinbase Set to Close Deal to Acquire 2TM, Parent Company of Latam’s Biggest Exchange, Mercado Bitcoin
Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could be closed in April according to local media, seeing Coinbase … Read more
Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of a plan that … Read more
Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April. Go to Source Powered by WPeMatico
Rio de Janeiro to accept Bitcoin for real estate taxes from 2023
Supporting this cause led by Mayor Eduardo Paes, Binance CEO Changpeng Zhao announced to open a new office in the Brazilian city stating that “He’s done his part. We are working on ours.” Go to Source Powered by WPeMatico
Fight for Bitcoin: Brazilian UFC star to receive fight earnings in BTC
UFC fighter Matheus Nicolau is moving to the Bitcoin paycheck to hedge against inflation and secure the value of his hard work. Go to Source Powered by WPeMatico
BNDES Director Offers New Insights on Development of Brazilian Blockchain Network
Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018. The network will be created on top of the Hyperledger Besu 2.0, which uses a proof-of-authority consensus mechanism. The final goal of this project is … Read more
Binance Explores Acquisition of Brazilian Securities Brokerage Firm
Leading cryptocurrency exchange Binance is showing its intention of expanding its activities to Brazil. The company announced that it has signed a memorandum of understanding with a regulated securities brokerage firm in Brazil, with the intention of acquiring it. The company, called Sim;paul Investimentos, offers different investment options to its customers, including various funds and … Read more
Hashdex to launch Web3 and smart contracts ETF on Brazil’s stock exchange B3
The new ETF’s reserve period started on Monday and runs until March 25, 2022, according to the announcement. Go to Source Powered by WPeMatico
