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Brazil
Brazilians Have Acquired $4B in Cryptocurrencies in 2021, Central Bank Says
Total crypto assets held by Brazilians amount to nearly $50 billion now, compared to $16 billion held in U.S. stocks.
Brazilian Congress to Consider Bill Regulating Crypto Exchanges
The legislation would require companies to maintain closer records of their transactions and customers and create more severe penalties for crypto-related crimes.
Brazil’s Central Bank Says Local B3 Stock Exchange Could Be Oracle of Its CBDC
B3 said, however, that it is still too early to define its role in the development of Brazil’s central bank digital currency.
Crypto Gains Ground in Latin America Amid Venture Capital Boom
Venture capital funds invested more than $6 billion in Latin America in the first half of 2021, versus $4 billion in all of 2020.
El Salvador's Bitcoin Experiment and Expansion into Blockchain Innovation
As El Salvador continues to experiment with bitcoin and blockchain technology, the government has chosen asset tokenization company Koibanx to develop the country's blockchain infrastructure. Koinbanx CEO Leo Elduayen discusses the products they're building for El Salvador on the Algorand protocol. Fabrício Tota, director of Brazil-based crypto exchange Mercado Bitcoin, also shares his views on the impact of El Salvador's Bitcoin Law on the state of crypto in Latin America.
Brazilian Investment Bank BTG Pactual Launches Crypto Platform
Mynt, which will be available in the last quarter of 2021, will initially allow exposure to bitcoin and ether.
Crypto Exchange Bitso Hires Facebook Veteran as First COO
The company, which also announced the hiring of a new public policy head, said Vaughan Smith would focus on expanding Bitso’s business in Brazil.
Brazilian Police Seize $28.8M in Crypto: Report
The investigation, dubbed “Operation Kryptos,” involved an alleged financial pyramid scheme.
Ex-Manchester United Player Charged With Crypto Fraud
Retired Brazilian midfielder Anderson is one of eight people alleged to have been involved in a R$35 million ($6.5 million) money laundering operation.
Binance Suspends Futures in Brazil Citing Regulatory Requirements
The product was removed in response to an order from the Brazilian Securities Commission.
