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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.

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

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

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Brazil’s central bank believes you’ve got to change money, to save money.

Brazil’s central bank examines the benefits of a CBDC

2020-08-27T02:14:00+01:00

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Chiliz is entering one of the world’s best football countries by listing CHZ token on the largest crypto exchange in Brazil.

Brazil’s Top Exchange Mercado Bitcoin Lists Sport Token Chiliz

2020-07-13T15:23:00+01:00

3456

OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies.

OKEx Now Features Latin American Fiat Gateway with Latamex

2020-07-03T20:15:00+01:00

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Despite Brazilian regulators lifting a suspension on WhatsApp’s payments, the country’s central bank is still blocking the launch.

Brazil Eases WhatsApp Ban — But It’s Still Suspended

2020-07-02T06:31:00+01:00

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WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out.

WhatsApp Payments Suspended by Brazil’s Central Bank

2020-06-24T04:56:00+01:00

6547

The third part of a series of articles on the advantages and challenges of the usage of blockchain technology for collecting and sharing information, without vi...

Blockchains Are an Excellent Solution for Privacy, Part 3

Tatiana Revoredo

2020-06-22T16:15:00+01:00

4761

The second part of a series of articles on the advantages and challenges in the usage of blockchain technology for collecting and sharing information, without v...

Blockchains Are an Excellent Solution for Privacy, Part 2

Tatiana Revoredo

2020-06-21T18:00:00+01:00

3694

The first part of a series of articles on the advantages and challenges in the usage of blockchain technology for collecting and sharing information, without vi...

Blockchains Are an Excellent Solution for Privacy, Part 1

Tatiana Revoredo

2020-06-20T19:00:00+01:00

3735