#brazil

12:02pm, 27th August, 2023

Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil

The investigation centers around Ronaldinho's company '18kRonaldinho', which promised clients daily profits of over 2% through crypto investments.

Brazil's Congress moves to levy higher taxes on cryptocurrencies

12:39pm, 12th August, 2023

Crypto Wiki

Brazil's Congress moves to levy higher taxes on cryptocurrencies

If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.

Brazil's CBDC pilot contains code that can freeze or reduce funds, dev claims

9:51pm, 10th July, 2023

Crypto Wiki

Brazil's CBDC pilot contains code that can freeze or reduce funds, dev claims

Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil's pilot CBDC has found code that would allow accounts to be frozen or drained at will.

Binance faces scrutiny in Brazil, exec summoned to testify before Congress

5:27am, 23rd June, 2023

Crypto Wiki

Binance faces scrutiny in Brazil, exec summoned to testify before Congress

This development comes amid a global regulatory crackdown on Binance, which is facing investigations in multiple countries.

Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report

11:56am, 3rd June, 2023

Crypto Wiki

Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report

As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country.

Binance provider in Brazil gets payment institution approval

10:41am, 20th May, 2023

Crypto Wiki

Binance provider in Brazil gets payment institution approval

Binance's partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil.

Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction

6:52am, 23rd January, 2023

Crypto Wiki

Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction

Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency.

Brazil could cement its status as an economic leader thanks to 2024 CBDC move

6:05pm, 12th December, 2022

Crypto Wiki

Brazil could cement its status as an economic leader thanks to 2024 CBDC move

Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America.