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Brazil
Coinbase Expands in Brazil, Allows Crypto Purchases With Brazilian Reals
Previously, the exchange's users in Brazil could purchase crypto only with a credit card.
The State of Crypto In Brazil
Banco do Brasil, Brazil's largest public bank, is enabling the payment of taxes with cryptocurrencies. The service will operate in partnership with Bitfy, a startup focused on blockchain solutions. Bitfy Founder and CEO Lucas Schoch discusses the crypto regulatory landscape in Brazil and how it contributed to these developments.
Bitfy CEO on Brazil's Largest Public Bank Enabling Tax Payments to Be Made With Crypto
Banco do Brasil (BB), Brazil’s largest public bank, has enabled the payment of taxes with cryptocurrencies. The service is only available to customers with crypto deposited with Bitfy, a startup specializing in blockchain solutions in which BB's corporate venture capital arm has invested. Bitfy CEO and Founder Lucas Schoch shares insights into the initiative and the state of crypto adoption in Brazil. Plus, reactions to the International Monetary Fund’s (IMF) Executive Board stating cryptocurrency should, in general, not be granted legal tender status.
Brazil's Largest Public Bank Enables Tax Payments to Be Made With Crypto
The service will operate in partnership with Bitfy, a startup focused on blockchain solutions.
Bitcoin Has Jumped 35% In Past Month
Andre Portilho, Head of Digital Assets at Brazilian Investment Bank BTG Pactual, discusses his outlook for bitcoin (BTC) as the cryptocurrency hovers around $23,000 after its rally in January. Plus, the future of bitcoin development and adoption.
Binance Partners With Mastercard to Launch Prepaid Crypto Card in Brazil
Binance has launched a prepaid crypto card in Brazil in partnership with Mastercard, the crypto exchange said Monday. "The Hash" panel discusses the product and what it means for mainstream crypto adoption.
Binance Partners With Mastercard to Launch Prepaid Crypto Card in Brazil
The card will allow payments with 13 cryptocurrencies, including bitcoin, ether and Binance USD.
Brazil and Argentina to Discuss Possible Common Currency, Coinbase CEO Suggests Move to Bitcoin
As officials from Brazil and Argentina are considering the development of a potential common currency, Coinbase CEO Brian Armstrong suggested on Twitter, "if they would consider moving to Bitcoin," adding that would "probably be the right long term bet." "The Hash" hosts discuss the potential currency plan and the prospects of integrating crypto.
Binance Garnered Largest Market Share of Crypto Investors From Emerging Markets in 2022
A CryptoCompare report found that as inflation surged worldwide, the crypto exchange giant attracted the largest number of retail investors from countries facing high inflation.