$2.2B Bitso Becomes First Crypto Unicorn in Latin America

The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.

News  ·  5 May 2021

Brazil Becomes Second Country in the Americas to Approve a Bitcoin ETF

The Brazil Securities and Exchange Commission (CVM) has approved QR Capital's bitcoin ETF which will trade on the Sao Paulo-based B3 exchange.

News  ·  19 March 2021

Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil

Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.

Business  ·  5 January 2021

Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.

Business  ·  9 December 2020

US Seizes $24M in Crypto as Part of Brazilian Probe Into $200M Fraud Scheme

The U.S. Department of Justice announced Wednesday the seizure of $24 million in cryptocurrency after a request from Brazilian police.

News  ·  4 November 2020

Why Fiats Are Failing in 2020

From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?

People  ·  23 October 2020

World’s Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech

JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025.

Business  ·  24 September 2020

Brazil’s Central Bank Says Nation Might Be Ready for a Digital Currency by 2022

Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto.

News  ·  3 September 2020

Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any

Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history.

News  ·  25 August 2020

Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules

Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for freedom.

News  ·  5 August 2020

Brazil’s Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction

Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar.

Business  ·  8 July 2020

Binance Ordered to Halt Offering Derivatives Trading in Brazil

The order is the regulator’s first public stance on cryptocurrency derivatives trading.

Policy & regulation  ·  6 July 2020

Many Bitcoin Developers Are Choosing to Use Pseudonyms – For Good Reason

Whether out of concern for personal security or a desire to preserve privacy, many Bitcoin developers are known to the world only by their pseudonyms.

People  ·  29 June 2020

Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox

Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.

Business  ·  27 May 2020

Brazil Regulator Votes to Continue Probe Into Banks’ Rejection of Crypto Firms

Brazil’s national competition regulator is about to decide the fate of its investigation on whether some of the largest banks in the country wrongly locked local crypto brokers out of financial services.

News  ·  20 May 2020