Brazil

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Huobi Expected to Enter Brazilian Cryptocurrency Market

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The 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, … Read more

Chilean Bank Reopens Accounts of Cryptocurrency Exchanges

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Following 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 … Read more

Brazil’s Largest Brokerage Reportedly Working on OTC Bitcoin Brokerage

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The 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 … Read more

Brazilian University Launches Cryptocurrency Masters Programme

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A major Sao Paulo institution is launching what has been reported as Brazil’s first Master’s degree in cryptofinance. The course comes amid an increasing embracement of virtual currencies on the part of the Brazilian universities, with themes pertinent to cryptocurrency increasingly being incorporated into mainstream tertiary finance studies. Also Read: FSA Study Reveals 3.5 Million Cryptocurrency … Read more

Is Ripple About to Become Another Ethereum?

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For only the second time in its history, an attempt at tokenizing Ripple’s XRP ledger through an initial coin offering (ICO) is being seriously offered by a group not formally associated with the company. It’s an interesting juxtaposition for a project widely believed to be actively separating itself from the messiness of the cryptocurrency world. … Read more