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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

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 opens up to the possibility of implementing Blockchain technology to issue university diplomas and prevent fraud.

Brazilian Ministry of Education Proposes Issuing Diplomas on the Blockchain

2020-03-05T20:27:00+00:00

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Legendary soccer player Ronadinho Gaúcho, now under investigation for involvement in Bitcoin pyramid schemes, was detained with falsified passports.

Legendary Soccer Player Turned Face of BTC Pyramid Detained With Fake Passport

2020-03-05T19:43:00+00:00

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Brazil’s PIX will cut out payment intermediaries, enabling peer-to-peer and business-to-business transactions in seconds.

Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure

2020-02-28T19:10:00+00:00

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The new platform will facilitate payments in up to 10 seconds using QR codes or identification data alongside computers, ATMs, or mobile phones.

Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto

2020-02-20T12:49:00+00:00

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Crypto exchanges based in Brazil face huge fines or being shut down.

Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations

2020-02-17T06:54:00+00:00

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Adam Back talks about the details of Bitcoin's early days, his first emails with Satoshi Nakamoto and others about Bitcoin, and more.

Adam Back on Satoshi Emails, Privacy Concerns and Bitcoin's Early Days

2020-01-20T16:52:00+00:00

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A report from Kaspersky Lab suggests a growing fondness for prepaid debit cards among hackers, but it is too early to say whether Bitcoin is being left behind.

Bitcoin Scammers ‘Tired’ of Crypto as Focus Switches to Prepaid Cards

2019-12-18T10:07:00+00:00

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Binance launches Latamex, a fiat-crypto platform for Latin American countries that will operate under the Binance Fiat Gateway.

Binance Cryptocurrency Exchange Launches Latin American Fiat Gateway

Agustin Beltramino

2019-12-12T12:07:00+00:00

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