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Brazil
Latin American Web3 Infrastructure Provider Parfin Raises $15M
The funding round was led by crypto investment firm Framework Venture and included L4 Venture Builder, a corporate venture capital fund backed by the Brazilian stock exchange B3.
Brazil’s Second-Largest Private Bank Launches First Tokenized Credit Note
Bradesco carried out the operation as part of a regulatory sandbox promoted by the South American country's central bank.
2 More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud
One of the men charged, 64-year-old Spanish citizen Nestor Nunez, was allegedly an actor paid to present himself as the CEO of Forcount using the alias “Salvador Molina.”
Brazil’s Securities Regulator Allows Investment Funds to Invest in Crypto
Assets will have to comply with current regulations approved this week by the country’s outgoing president, Jair Bolsonaro.
Brazil’s President Signs Crypto Regulations Into Law
Companies in the sector will have 180 days to adapt to the new rules.
Crypto.com Receives License as a Payment Institution in Brazil
The company is the first crypto exchange to become a licensed payments institution in the South American country.
Brazil Central Bank Plans to Launch a CBDC in 2024
The central bank sees a digital currency as a way of increasing participation in the financial system.
Road Ahead for Bitcoin Next Year
BTCM Chief Economist Youwei Yang discusses his outlook for bitcoin (BTC) ahead of FTX co-founder Sam Bankman-Fried testifying before U.S. lawmakers Tuesday. Plus, insights into recent Brazil regulation to legalize bitcoin payments.
Number of Brazilian Companies Transacting With Digital Assets Increased Again in October
More than 41,000 firms conducted some form of operation with crypto assets, according to the local tax authority, Receita Federal.
Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions
The bill still requires the approval of the executive branch before it becomes law.
