After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe.
Brazil - Bitcoin News Related to Brazil
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CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil
Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The arrest, which took place in the country’s Goiás province, was carried out by the Brazilian military police. Fake IDs, Laptops, and Credit Cards Seized Johann Steynberg, the CEO of Mirror […]
New Cryptocurrency Bill Advances to Senate in Brazil
A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central Bank of Brazil — and establish new penalties for […]
Brazilian Crypto Asset Manager Hashdex Pursues US Expansion Following 2 Key Hires
The firm is adding staff for its U.S. operation and created the positions of head of corporate communications and chief of staff.
Brazil Stock Exchange B3 Plans to Enter Crypto Market in 2022: Report
The country’s only exchange is evaluating opportunities in asset tokenization and digital asset custody, and it also plans to launch a crypto ETF.
'Mecca of mining': Brazil considers zero tax on green bitcoin mining
Brazil’s congress heard several proposals endorsing a tax exemption on miners and promoting cryptocurrency to the status of a national currency.
Brazilian FinTech Dock Acquires Mexican Card Processor Cacao
Brazilian FinTech infrastructure firm Dock has closed an acquisition deal for the Mexican card processing startup Cacao for undisclosed terms, according to a recent press release. Cacao is Dock’s first purchase outside of Brazil and its third acquisition overall. The deal widens Dock’s regional reach and drives its mission of positioning itself as the central […]
Brazil’s Movile Bets on Logistics, Payments and the Metaverse to Sustain Growth Streak
A star of the pandemic digital shift, from massive mobile commerce growth to attracting FinTech investment, Brazil is cementing its position as an epicenter of digital innovation in Latin America. According to the Global Digital Shopping Index: Brazil Edition, a PYMNTS and Cybersource collaboration, 41% of Brazilian consumers say they are very or extremely likely […]
E-Commerce Giant Mercado Libre Taps Paxos to Power Crypto Service in Brazil
Users of Mercado Pago will be able to buy and sell bitcoin, ether and the USDP stablecoin starting in December.
Bexs Banco-Thunes Collaboration Brings Real-Time Payments to Brazil
Singapore-based global payments company Thunes has teamed up with Brazil-based international digital payments platform Bexs Banco to bring real-time payments to Brazil, the companies announced Wednesday (Dec. 1). The partnership brings increased speed and transparency to inbound transactions for Brazilian recipients through Thunes, and the more than 112 million Pix users will receive instant payments […]
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