In a close race with outgoing Brazilian President Jair Bolsonaro, Luiz Inácio Lula da Silva, also known simply as “Lula,” won the country’s presidential election following a run-off race. According to...
Tag: Brazils
What Brazil’s New President Lula Da Silva Thinks of Crypto?
What Brazil’s New President Lula Da Silva Thinks of Crypto?Brazil’s New President Lula da Silva’s Stance On CryptoOctober 31, 2022Lula da Silva defeated incumbent president Jair Bolsonaro in a close e...
Left-Wing Leader Lula Narrowly Beats Bolsonaro In Brazil’s Presidential Election
Leftist Luiz Inácio Lula da Silva defeated incumbent Jair Bolsonaro in Brazil’s presidential elections by a slim margin of less than two points on Sunday, a result which is yet to be accepted by the f...
A Stock Investor’s Guide to Brazil’s Presidential Runoff Vote
(Bloomberg) — Brazilian stocks have outperformed global peers this year, and investors say more gains are likely as neither candidate vying for the presidency in Sunday’s decisive runoff vote is...
Brazil’s Nubank to introduce native loyalty token
Nubank, the leading Brazilian digital bank by market value, has announced that it will launch an in-house loyalty token in the first half of 2023. The bank plans to release the token, dubbed Nucoin, a...
Brazil’s Largest Digital Bank Nubank to Launch Its Token on Polygon
Brazil’s largest digital bank Nubank announced Wednesday it is launching its token on the Polygon blockchain. Per the announcement, the token dubbed “Nucoin” will be made available to over 70 million ...
Brazil’s Nubank Set To Launch Digital Currency On Polygon Blockchain
Nubank, a fintech bank based in Brazil, has announced it’s set to launch its own digital token called Nucoin which will be available by the first half of 2023. According to the announcement, Nucoin wi...
Brazil’s Largest Digital Lender Nubank to Roll Out Own Token to 70M Users in 2023
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Brazil’s Rio de Janeiro will accept crypto-payments for property taxes
The city of Rio de Janeiro is seeking crypto firms to operate its tax property seasoning in 2023, according to a decree published on Oct. 11, allowing taxpayers to use crypto alongside fiat currency t...
Brazil’s BRB Bank Pays 50 BTC After Being Targeted by a Ransomware Attack
On October 3, the Bank of Brasilia, a Brazil-based bank controlled by the government, fell victim to ransomware for which a group of hackers demanded 50 BTC as a reward for not leaking its users’ data...
A Stock Investor’s Guide to Brazil’s Presidential Election
(Bloomberg) — Brazilian stocks have outperformed global peers this year, and some investors say more gains are likely in store as neither of the two candidates vying for the presidency in the fi...
Brazil’s Election Is Almost Here. Get Ready to Buy Petrobras Stock.
Chocolate and peanut butter go together; falling oil prices and Brazilian political uncertainty most certainly do not. Yet Petrobras stock may still be worth buying. Yes, that sounds like a terrible i...
Brazil’s Securities Regulator Targets Mercado Bitcoin Over Token Sale
Brazil’s securities regulator has ordered Latin America’s biggest cryptocurrency exchange Mercado Bitcoin to provide information on digital tokens it issued. Mercado Bitcoin, the biggest cryptocurren...
Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale
The Brazilian Securities and Exchange Commission (CVM), the securities market regulator in Brazil, has ordered Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, to provide information on...
Court orders Brazil’s ‘bitcoin pharaoh’ to deposit $3.7 billion to pay back creditors: O Globo
A Rio de Janeiro federal court judge has ordered Brazil’s so-called “Bitcoin Pharaoh” Glaidson Acácio dos Santos to pay 19 billion Brazilian reais (nearly $3.7 billion) to a business court, with the a...
Brazil’s ‘Bitcoin Pharaoh’ Ordered to Reimburse Conned Investors With $3.7B (Report)
The Brazilian authorities reportedly ordered Glaidson Acácio dos Santos (known as “Bitcoin Pharaoh”) to deposit 19 billion BRL (nearly $3.7 billion) in court. This sum will be transferred to more than...
Brazil’s jailed ‘bitcoin pharaoh’ will have to sit out next month’s election
A Brazilian court unanimously moved to prohibit “bitcoin pharaoh” Glaidson Acácio dos Santos from running for office because of his company’s alleged role in a pyramid scheme. Dos Sa...
Wowing At Real Madrid, Vinícius Júnior Eclipses Neymar As Brazil’s Hope
Vinícius has added goals and assists to his game after a slow start to life in Spain. NurPhoto via Getty Images Brazil loves a flair player, a poster boy, someone to hang its yellow and blue hopes on....
Brazil’s SEC wants broader oversight over the crypto market
Join Our Telegram channel to stay up to date on breaking news coverage Brazil’s Securities and Exchange Commission is planning to introduce changes to the country’s cryptocurrency regulatory framework...
Why Brazil’s Top Esports Team Loud Sees ‘Massive Opportunity’ in Web3
In brief Esports and gaming organization Loud has expanded its Web3 ambitions with new parent company Spacecaps. The firm has divisions focused on NFTs, a token-driven fan engagement platform, play-an...
Brazil’s Apex Bank Greenlights Itau DeFi Project, Seven Others – crypto.news
The Central Bank of Brazil (BCB) has approved the proposals for eight projects that will advance through its Financial and Technology Innovation Laboratory (LIFT) program. Among the selected projects ...
Brazil’s Digitra.com Launches Crypto Platform Using Nasdaq’s Cloud-Based Tech
Brazil-based cryptocurrency exchange Digitra.com on Tuesday launched a digital asset trading platform powered by Nasdaq’s cloud-based crypto trading service. Built on market infrastructure technology ...
Brazil’s central bank picks Itaú DeFi project among new innovation proposals
Brazil’s central bank picked proposals for eight new projects to advance through its innovation lab, including a decentralized finance (DeFi) liquidity pool from Itaú Unibanco, the country’...
Brazil’s XP Inc Opens Its Doors to Crypto Trading
XP Inc – a brokerage firm in Brazil – is allowing its clients to invest in digital currencies, suggesting that despite prices crashing in recent months, these new assets are still as popular and as so...
Brazil’s MercadoLibre Introduces Crypto Loyalty Program With MercadoCoin
One of South America’s largest e-commerce firms has created a new cryptocurrency that it will implement in Brazil as part of its loyalty program. MercadoLibre Inc. announced that customers shopping on...
Brazil’s XP Investimentos Launches XTAGE Crypto Trading Platform – crypto.news
Brazil’s XP Investimentos has successfully rolled out a new digital assets trading platform dubbed XTAGE. The platform will leverage Nasdaq Exchange’s technology to offer millions of Brazilians bitcoi...
Brazil’s Bank BTG Pactual Launches Crypto Trading Platform
BTG Pactual, Brazil’s sixth largest investment bank, has launched its cryptocurrency trading platform. André Portilho, head of digital assets at BTG Pactual, confirmed that the crypto trading pl...
Bitcoin, Ethereum Primed For Bullish Boost As Brazil’s Largest Broker Opens Trading ⋆ ZyCrypto
Advertisement     Cryptocurrencies have been in the eye of the storm recently as crypto behemoths like Celsius, Voyager Digital, and Three Arrows Capital have imploded...
Brazil’s Largest Brokerage Firm XP Launches Crypto Trading
Lucas Rabechini, XP financial products director, disclosed that the company has projected to reach 200,000 crypto-active users by the end of the year. The largest brokerage firm in Brazil, XP has offi...
Brazil’s Digital Banking Platform Nu Holdings Adds 5.7m new customers in Q2
Fintech unicorn Nu Holdings has added 5.7 million new customers in the second quarter of 2022. The Brazilian digital banking platform now has 65.3 million people and businesses using its services. Nu ...
Bitcoin Gets Praised For Its Technical Features By The Chief Of Brazil’s Central Bank
Bitcoin and its underlying technology has earned the trust and praise of some of the most notable figures in banking and finance. For instance, the director of Brazil’s central bank only has good thin...
Brazil’s financial giant Santander announced the launch of Crypto Trading Services
Santander is ready to expand its services in the crypto trading sector. In May 2022, Nubank of brazil added a feature of crypto trading for its users. As per Local media source Folha de S. Paulo. t...