Brazil


Finance

Brazil’s Securities Regulator Probes Crypto Exchange Mercado Bitcoin on Token Issuance

The CVM asked the country’s largest local crypto exchange to provide data on fixed-income tokens it has issued since January 2020.

Bandera de Brasil. (Unsplash)

Finance

Crypto Exchange Bybit Halts Derivatives Trading in Brazil After Exchange Commission Ban

Bybit said it is holding talks with Brazil’s securities commission, but will discontinue trading of crypto futures and options as of Thursday.

Bandera de Brasil. (Unsplash)

Policy

Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos

Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study.

(Shutterstock)

Finance

Digital Wallet Provider MetaMask Allows Crypto Purchases With Brazilian Reals

MetaMask is the latest global crypto player to integrate with Brazil's Pix payment system, which has 126 million users.

(Unsplash)

Finance

Brazil Exceeds 1M Registered Crypto Users in July for First Time as Number Grows 68% in a Month

The figure excludes international exchanges, which aren’t obliged to disclose the information to the local tax authority.

Bandera de Brasil. (Mateus Campos Felipe/Unsplash)

Finance

Crypto Exchange Bybit Barred From Brokering Securities in Brazil

According to the CVM, Brazil's stock exchange B3 is the only one authorized to intermediate securities in the South American country.

Bandera de Brasil. (Mateus Campos Felipe/Unsplash)

Finance

Crypto Exchange Binance Hires Former Brazilian Central Bank President as Adviser

Henrique Meirelles also served as economy minister between 2016 and 2018.

Henrique Meirelles (Paulo Fridman/Getty Images)

Finance

Second Round of Layoffs at Brazilian Crypto Unicorn 2TM

2TM was valued at $2.1 billion in July 2021 after its holding Mercado Bitcoin received a $200 million investment from Softbank's Latin America Fund.

Roberto Dagnoni, CEO y presidente ejecutivo de 2TM Group, empresa matriz de Mercado Bitcoin. (2TM)