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Latest from Paulo Alves
Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin
The company, which has 30 million active users, will offer bitcoin, ether and USDP trading.
Binance Resumes Local Currency Deposits With Brazilian Payment System Pix
On Wednesday, withdrawals were also enabled by the company, which had suspended both features on June 17.
Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy
The suspension applies to transfers made via the government's payment system Pix.
Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees
The company cited “the changing global financial landscape.” Its main competitor in Latin America, Bitso, laid off a similar number of people last week.
Brazilian Senate Plenary Approves Bill Regulating Crypto Transactions
The bill will be voted on by the Chamber of Deputies and, if approved, can be vetoed by the executive branch.
Owner of Brazil’s Largest Crypto Exchange Plans to Launch Quantitative Trading Service
The holding company for Mercado Bitcoin, which is in talks to be acquired by Coinbase, is partnering with local player Giant Steps.
Rio de Janeiro to Allow Real Estate Tax Payments With Crypto as of 2023, Mayor Says
The state administration will convert crypto payments immediately to Brazilian reais, Mayor Eduardo Paes added.
Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil
The company will seek to strengthen its presence in the Latin American country and comply with local regulations, according to CEO Changpeng Zhao.
Brazilian Asset Manager Hashdex to Launch Web 3 ETF on Local Stock Exchange
The exchange-traded fund will start trading on March 30 under the ticker WEB311.
Brazilian Senate Committee Approves Bill Regulating Crypto Transactions
The project, introduced by Senator Flávio Arns, has to be voted on by the Senate plenary and then, if approved, by the Brazilian Chamber of Deputies.