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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.
News
A São Paulo court has dismissed the appeal made by Banco Santander against crypto exchange Mercado Bitcoin.
Brazilian Court Rules Santander to Return $350,000 to Crypto Exchange Mercado Bitcoin
Adrian Zmudzinski
2019-03-10T16:54:00+00:00
6630
News
Brazil-based Banco BTG Pactual SA has revealed its plans to release а security token, which could be purchased with Gemini Dollars or Ethereum.
Latin America’s Largest Investment Bank to Launch Its Own Security Token
Ana Alexandre
2019-02-21T21:25:00+00:00
7365
News
One of the largest Brazilian banks, Bradesco, will close the accounts of cryptocurrency exchange Bitblue and its owners.
Report: Brazilian Bank Bradesco Closes Accounts of Local Crypto Exchange and Owners
Ana Berman
2019-02-15T13:59:00+00:00
4025
News
Ripple has announced the latest new partners in its global University Blockchain Research Initiative, which include universities in China, Singapore and Brazil.
Ripple Expands Blockchain University Initiative With Partners in US, China & Singapore
Marie Huillet
2019-02-07T17:41:00+00:00
5579
News
Brazilian president Jair Bolsonaro has criticized the country’s now-suspended crypto project for indigenous people.
Brazil: Government Suspends Indigenous Crypto Plans, New President Criticizes Project
Ana Berman
2019-01-08T09:36:00+00:00
5552
News
Atletico Mineiro, a Brazilian premier league soccer club, is launching its own fan token “GaloCoin” based on Ethereum blockchain.
Brazilian Premier League Soccer Club Launches Crypto 'Fan Tokens'
Ana Berman
2018-12-14T18:30:00+00:00
6400
News
A security researcher claims that the number of MikroTik routers affected by cryptojacking malware has doubled since August 2018.
Report: Number of Routers Affected by Crypto Malware Doubled Since August, Reaching 415K
Ana Berman
2018-12-06T01:42:00+00:00
10001
News
The largest private bank in Brazil, Itau Unibanco, has tested a $100 million loan on a blockchain platform powered by R3.
Major Latin American Bank Conglomerate Itau to Create Blockchain Platform for Small Loans
Ana Berman
2018-12-04T18:07:00+00:00
5010

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