Home » Tag Archives: Brazils

Tag Archives: Brazils

Brazil’s ABCB Wants Banks to Begin Servicing Cryptocurrency Firms Again

Brazil is not necessarily the hottest region when it comes to cryptocurrency ecosystems. Even so, there appears to be a growing Bitcoin movement in the country. It has become apparent that Brazilian banks do not take kindly to Bitcoin and other currencies, yet they are facing some pushback from the Brazilian Association of Cryptocurrencies and Blockchain. The Current Bitcoin Situation ...

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Brazil’s Operação Lava Jato Paves The Way To Blockchain Implementation: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV ...

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Brazil’s Largest Brokerage Firm May Be Launching an OTC Bitcoin …

Brazil is home to half of South America’s population and wealth, and right now, the country’s largest investment broker firm may be primed to launch an over-the-counter (OTC) bitcoin exchange. XP Investimentos has not made any official announcements on the matter, but according to reports in Portal do Bitcoin on Tuesday, April 17, 2018, the investment firm is behind a ...

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Brazil’s Biggest Investment Firm To Launch OTC Crypto Exchange, Local Sources Say

Brazil’s largest investment company XP Investimentos is allegedly seeking to launch an over-the-counter (OTC) Bitcoin exchange, local news outlet Portal do Bitcoin revealed Tuesday, April 17. Appearing to confirm documents filed with Brazil’s Department of Federal Revenue, anonymous sources told Portal do Bitcoin that the company was specifically eyeing the OTC market. The reported move is the first for XP, ...

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CriptoHub and Its Plan to Become Brazil’s Largest Crypto-Exchange in under a Year

The Brazilian market has lately been experiencing exponential growth in the cryptocurrency space with a steady increase in the purchase of virtual currencies. By the end of 2017, 1.4 million Brazilians engaged in either the purchase or sale of cryptocurrencies. Many of the Brazilian crypto-exchanges have recorded daily enrollment of new users steadily increasing from an average of 500 new ...

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Brazil’s First Crypto-Finance Master’s Degree Launches In São Paolo

Major Brazilian university Fundação Getúlio Vargas (FGV) in São Paulo is offering the country’s first Master’s degree in crypto-finance, Finance Magnates reported April 12. The program offers specialized education for the crypto industry. Ricardo Rochman, the program’s coordinator, explained: “It is a market with a profound lack of people with expertise. Cryptofinance has economic and financial fundamentals that are worth ...

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Brazil’s Corruption Network | Used Cryptocurrency To Operate

Bitcoin represents an innovative opportunity for all businesses… an innovation that corrupt Brazilian politicians took literally. Brazil’s corruption network has been using crypto’s to cover their tracks.  Just a few months ago President Michel Temer (described as the most unpopular president of modern times with roughly 3 percent of approval), was in the news for being the protagonist of one of ...

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Brazil’s Largest Bitcoin Exchange Foxbit Down for 72 Hours, 30 BTC missing

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Foxbit, Brazil’s largest cryptocurrency exchange, has been down for over 72 hours, reportedly because of a bug that allowed its users to withdraw their bitcoin balances twice. The problem saw the company lose a total of 30 Bitcoins, at press time worth roughly $270,000. Through a livestream ...

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