Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Go to Source Powered by WPeMatico
Brazil
Auto Added by WPeMatico
Brazil Stock Exchange wants to provide oracles for digital real
“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said. Go to Source Powered by WPeMatico
Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG
Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in the area and consolidate its spot as one … Read more
Top Brazilian investment bank BTG Pactual launches crypto trading app
Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins. Go to Source Powered by WPeMatico
Visa reportedly aims to integrate Bitcoin payments in Brazil
Visa Brazil exec outlines plans for implementing crypto assets such as Bitco onto the payments platform. Go to Source Powered by WPeMatico
Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market and hinted at a possible direct integration of bitcoin in payments. Visa … Read more
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil
A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based transactions. The project is being reviewed by the Chamber of Deputies … Read more
Brazil’s central bank president endorses crypto regulation
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market. Go to Source Powered by WPeMatico
Brazilian Federal Police Launch Nationwide Operation Against Crypto-Related Money Laundering
The Brazilian Federal Police launched Operation Compliance, a probe against cryptocurrency-related money laundering crimes last week. The probe resulted in the execution of several seizure warrants across the country, involving 150 federal policemen active in five different cities. Operation Compliance came about by way of an investigation that identified cryptocurrency-related money laundering crimes on the … Read more
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest number of people who reported owning cryptocurrency. In Terms of Crypto Ownership Vietnam, Indonesia, … Read more
