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.
A Brazilian court has ruled that banks need justified reasons to shut down accounts, and merely trading in cryptos doesn’t count.
After a rash of cryptocurrency related crime, Brazil has formed a committee to regulate the sectore
Brazil has cracked down on a massive pyramid scheme that brought in over 50 thousand victims.
Brazilian police thought they had caught a drug smuggler, but it turns out he was linked to an illegal BTC mine as well.
Brazillian police were merely looking for drug dealers, but they stumbled on a BTC money laundering operation as well.
The bank had unsuccessfully tried to overturn a previous court ruling and was ordered to return around $350,000 to the exchange.
Banco BTG Pactual announced plans for the security token, which will be backed by distressed real estate.
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.
Two banks in Brazil, Banco de Brasil and Santander, were forced to reopen the accounts belonging to local cryptocurrency exchange Bitcoin Max.
Brazil's largest cryptocurrency exchange, Mercado Bitcoin, has reportedly fired 20 of its employees.
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.
Brazil’s largest independent brokerage firm Grupo XP has made plans to put up a cryptocurrency exchange in the country.