Brazil

Brazil: Member of Former Royal Family Speaks Out Against Crypto Regulation

Luiz Philippe de Orleans-Braganza, a descendant of the former royal family of Brazil, has spoken out against cryptocurrency regulation in…

Brazilian State Launches Blockchain Platform for Government Contract Bids

In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government…

Brazilian Coffee Farming Cooperative to Issue a Coffee-Backed Token

Brazilian coffee farming cooperative Minasul plans to issue a coffee-backed token, Bloomberg reported on July 11. According to Bloomberg, Minasul’s…

Brazil Requires New Diplomats to Know About Blockchain and Crypto

The Brazilian diplomatic academy, the Rio Branco Institute, will now require that candidates have knowledge of cryptocurrencies and blockchain, Cointelegraph…

Brazilian Exchanges to Integrate the Real-T, a Stablecoin Pegged to the Real

Brazilian cryptocurrency exchanges are rolling out support for a stablecoin, according to a report by Cointelegraph Brasil on June 26.…

Future for State-Backed Brazilian Token Issuance Unclear as Bank Sees Leadership Reshuffle

On June 18, Brazil’s National Bank for Economic and Social Development (BNDES) announced the election of Finance Director José Flavio…

As Brazil’s Economy Risks Recession, Regulators and Banks Implement Blockchain

Brazil’s weak economic growth and inflationary pressure have led to more than 13 million Brazilians currently out of work. The…

Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities

The Department of Federal Revenue of Brazil (RFB) has released new rules requiring that cryptocurrency exchanges inform the regulator about…

BNP Paribas Venture Arm Among Investors to Inject $16.5M in Fintech Firm Token

Fintech firm Token has received a $16.5 million injection from investors including the venture arm of banking giant BNP Paribas, a news…

Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access Funds

Clientele from multiple states in Brazil have filed lawsuits against bitcoin (BTC) investments firm Bitcoin Bank Group for inaccessible crypto…

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