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Brazil to Become Potential Market For Ripple New Cross Border Payment System

Ripple is reportedly planning for an On-Demand Liquidity expansion into the Brazilian market, which will unlock other Latin America-based regions for the firm. Specifically, Marjan Delatinne –...

| Jun 15, 2020 16:51

Crypto-related Transactions Required Reporting Under New Brazilian Tax Code

The Department of Federal Revenue (RFB) – in charge of handling tax-related matters for Brazil – reportedly rolled out new tax code, clarifying the amounts taxpayers required to pay, when...

| Dec 08, 2019 10:06

First Newborn to Have Birth Certificate Recorded Using Blockchain Technology

Brazil has witnessed the first birth certificate to be generated and stored using blockchain technology. Reported by the Brazil Cointelegraph on September 1, Álvaro de Medeiros Mendonça –...

| Sep 02, 2019 22:23

Judge Ruled in Favour of Brazilian Crypto Brokerage Regarding Lawsuit Over Blocked Bank Account

M Intermediação e Prestação de Serviço Ltda. – a crypto brokerage headquartered in Brazil – has reportedly had the judge’s decision ruled in their favour, regarding a legal...

| Aug 03, 2019 02:23

New Bitcoin and Crypto-included Bus Ticket Payment System Introduced in Fortaleza, Brazil

Fortaleza – the capital of the northeastern Brazilian state of Ceará – will be allowing its citizen to purchase bus tickets via Bitcoin (BTC). According to Cointelegraph Brazil on July...

| Aug 01, 2019 12:20

Brazilian Regulators Turn to Blockchain in Face of Recession

Blockchain is considered useful for a lot of things and helping to curb economic disasters was just added to this long list. Regulators in Brazil are now thinking of turning to the decentralized...

| Jun 24, 2019 04:00

Huawei Studies Latin America Market to Expand Its Blockchain Services

Huawei – the top-tier, China-based mobile phone manufacturer – is reportedly looking into the economic potential of the Latin America region, in order to prepare for a launch of its...

| Jun 16, 2019 04:45

Sao Paulo Court Blocked Funds in Accounts of Crypto Exchange Amid Lawsuit

The authority of Sao Paulo, Brazil has reportedly frozen all money in the bank accounts of crypto exchange Grupo Bitcoin Banco – a total of 726,630 reals (equivalent to $188,000 at press time)....

| Jun 09, 2019 04:00

Brazilian Authority Brought Down Pyramid Scheme Scammed 55,000 Investors of $200 Million

Ten Brazilian suspects were brought into custody by the police, with charges against running a cryptocurrency pyramid scheme, which potentially caused 850 million reals ($210 million) worth of...

| May 25, 2019 04:00

Brazilian Crypto Firm Found not Guilty, Gaining Back $350,000

The Supreme Court of the São Paulo city, Brazil has declared the crypto exchange platform Mercado Bitcoin not guilty of the accusations made by Banco Santander bank. The court also ordered the bank...

| Mar 12, 2019 04:05