Business 11 March 2019

Seized bank funds to be returned to Brazilian crypto exchange

The bank had unsuccessfully tried to overturn a previous court ruling and was ordered to return around $350,000 to the exchange.

Business 22 February 2019

Brazilian investment bank to issue $15M security token offering

Banco BTG Pactual announced plans for the security token, which will be backed by distressed real estate.

Business 11 February 2019

Brazil court rules in favor of a cryptocurrency exchange

A court in Brazil has ruled in favor of Mercado Bitcoin, a local altcoin trading platform over the illegal closure of one of its checking accounts.

Business 31 October 2018

Brazil banks reopen crypto exchange’s accounts to avoid fine

Two banks in Brazil, Banco de Brasil and Santander, were forced to reopen the accounts belonging to local cryptocurrency exchange Bitcoin Max.

Business 23 October 2018

Restructuring at Mexico’s Mercado Bitcoin leaves at least 20 staff jobless

Brazil's largest cryptocurrency exchange, Mercado Bitcoin, has reportedly fired 20 of its employees.

Business 4 October 2018

Brazilian crypto exchanges face ultimatum—complete gov’t survey or pay fines

The Administrative Council for Economic Defense (CADE), Brazil’s antitrust regulator, has served cryptocurrency exchanges under its jurisdiction with an ultimatum—complete a questionnaire by October 19, or risk a fine of up to $25,000.

Business 24 September 2018

Brazilian brokerage to launch crypto exchange

Brazil’s largest independent brokerage firm Grupo XP has made plans to put up a cryptocurrency exchange in the country.

Business 20 September 2018

Brazil watchdog cracks down on banks restricting crypto exchanges

The Administrative Council for Economic Defense has launched an investigation into banks in Brazil, which were allegedly abusing their power to undermine domestic cryptocurrency exchanges.​

Business 28 August 2018

Brazilian crypto trading platform hacked, over 264,000 user data leaked

The private information of over 264,000 users of Brazilian cryptocurrency trading platform Atlas Quantum has been exposed in a hack, according to local media reports.

Business 18 July 2018

Police pick up Brazilian gang accused of laundering millions via crypto

Twelve people in Brazil were charged with using SegWit BTC to launder millions of dollars that they earned from a drug smuggling racket that reached Europe, Africa and Asia.

Tech 22 June 2018

Brazil central bank deploys blockchain tech for financial regulators

Banco Central do Brasil is using blockchain for information sharing because it allows horizontal communication between all regulators connected to the platform.

Business 31 May 2018

Singapore crypto exchange Huobi sets foot in Brazil

Beijing-born cryptocurrency exchange Huobi is reportedly marketing its platform in Brazil, while also making attempts to hire staff that will man its new Sao Paolo offices.