The Daily: Chinese Crackdown Continues, ICO Head Faces 15 Years in Prison

In today’s edition of Bitcoin in Brief we cover stories about the latest development in the ongoing Chinese government crackdown on online crypto forums, an ICO head who faces up to fifteen years in a US prison for securities fraud, and more. Also Read: Investor Portal Launches Jobs Board for Cryptocurrency Industry Chinese Crackdown Continues … Read more

Bitcoin-Themed Hostel Opens in Scenic Brazilian Town of Paraty

Located between the mountains and the sea not far from Rio de Janeiro, Paraty is renowned among travelers to Brazil for its scenic views. It features waterfalls, tropical beaches, an historic Portuguese colonial town, and now a Bitcoin-themed hostel. Also Read: This Week in Bitcoin: Islamic Exchange, Self-Regulation, Social Trading Bitcoin Hostel in Paraty, Brazil … Read more

Brazil’s Pro Bitcoin Presidential Candidate: É Boa Pra Caramba!

É Boa Pra Caramba! roughly translated means ‘amazing’ in Brazilian Portuguese. Regional Bitcoiners might be using the expression more these days after Brazil New Party presidential candidate João Amoêdo came out recently as very pro-bitcoin. Mr. Amoêdo is heading into a contentious election this October. In an interview, when asked about cryptocurrencies such as bitcoin, … Read more

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

A 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 … Read more

P2P Markets Report: Latin American and Hungarian Volume Surges

Latin 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 … Read more

Large Passenger Bus Companies in Brazil Start Accepting Three Cryptocurrencies

Two 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! … Read more

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 … Read more