Brazilian firm to launch world’s first coffee-backed crypto
Minasul plans to begin offering a crypto that can help coffee farmers secure liquidity based on their future growth.
Latest Brazil News
Brazil requires diplomats to have knowledge of crypto, blockchain
Brazil is looking to upgrade their diplomatic corps, so everyone has to learn about the world’s new money and technologies.
Brazil’s regulators want to crack down on crypto tax evasion
A new law has been introduced that would allow the Department of Federal Revenue of Brazil, the country’s tax authority, to collect information from crypto exchanges regarding users and their transactions.
Brazilian crypto exchange facing numerous lawsuits
Cryptocurrency holders are extremely frustrated due to not being able to withdraw their funds from Bitcoin Bank Group.
Brazil to launch regulatory sandbox for blockchain and fintech
The Brazilian sandbox, supported by several agencies, will allow them to study new technologies while encouraging innovation.
Santander’s appeal against Mercado Bitcoin rejected
A Brazilian court has ruled that banks need justified reasons to shut down accounts, and merely trading in cryptos doesn’t count.
Brazil forms a committee to regulate cryptocurrency
After a rash of cryptocurrency related crime, Brazil has formed a committee to regulate the sectore
Brazilian police arrest culprits behind $210 million crypto scam
Brazil has cracked down on a massive pyramid scheme that brought in over 50 thousand victims.
Brazilian police find BTC mining operation tied to drug trafficking
Brazilian police thought they had caught a drug smuggler, but it turns out he was linked to an illegal BTC mine as well.
Brazilian police arrest suspect for BTC money laundering operation
Brazillian police were merely looking for drug dealers, but they stumbled on a BTC money laundering operation as well.
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.
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.