Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

Brazil News

The Federative Republic of Brazil is a country in South America with a population of two hundred eight million and has the largest area in both Latin America and South America. Brazil has a large economy with the eighth-largest gross domestic product (GDP) but a small GDP per capita and poor positions in human-development and crime, with one of the highest levels of homicide and violence. Brazil has no strict regulations towards Bitcoin. Bitcoin in Brazil operates under Law No. 12,865 that was enacted in October 2013. Bitcoin is considered an electronic currency – “resource, stored on a device or electronic system that allows user to perform a payment transaction”. Bitcoin trades are not taxable in Brazil, but operations with blockchain-based currencies are discouraged by financial authorities, such as the Central Bank of Brazil, due to their high operational risks.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Brazil will regulate the development of new technologies’ applications in capital markets, finance and insurance following a new initiative.

Brazil Authorities to Adapt Cross-Sector Regulations to React to Digital Transformation

2019-06-14T14:59:00+01:00

2924

Blockchain software startup R3 revealed that it is developing a blockchain platform in Brazil with Bradesco, Itau and B3.

Brazil: R3 Develops Blockchain Platform With Major Banks and Stock Exchange

Adrian Zmudzinski

2019-06-13T12:59:00+01:00

4133

Brazil has released its blockchain solution on schedule, with participation currently involving nine domestic banks.

IBM, Hyperledger Blockchain ID System for Banks Launches in Brazil

2019-06-12T17:42:00+01:00

5391

A group of Brazilian officials filed a draft bill that requires public administrations to promote new technologies such as blockchain.

Gov’t of Brazil to Consider Bill Requiring Public Administration to Promote Blockchain

2019-06-12T17:14:00+01:00

2764

Mauricio Minas, vice president of Bradesco bank, stated that Brazilian banks will adopt an unnamed blockchain platform on June 12.

VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform

2019-06-11T17:32:00+01:00

4831

Ripple will officially announce the launch of a Brazilian office at an upcoming fintech event.

Ripple Launches Office in Brazil, Targets Further Expansion Across Latin America

2019-06-10T14:29:00+01:00

10915

Microsoft’s technology, known as FarmBeats, uses blockchain, drones and AI to improve productivity and reduce water consumption on farms.

Exclusive: Microsoft Registers Blockchain and AI Platform for Agriculture in Brazil

2019-06-06T15:44:00+01:00

4253

The president of Brazil, Jair Bolsonaro, has stated that he does not know what bitcoin is, and supported the suspension of a project that would create a crypto ...

President of Brazil Jair Bolsonaro: ‘I Do Not Know What Bitcoin Is’

2019-06-05T23:00:00+01:00

8159