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Brazil
Mobile-First Blockchain Celo Launches Stablecoin Tied to Brazilian Real
As of Thursday, three Brazilian crypto exchanges will list the cREAL.
Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges
A cocktail of inflation and devaluation is generating a crypto boom that players such as Binance, Coinbase and Crypto.com do not want to waste.
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
The company acquired shares of the holding company for Mercado Bitcoin crypto exchange, and made a “strategic investment” in Paxos.
Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto
The mayor of Rio de Janeiro, Brazil’s second-most populous city, reportedly announced last week he plans to allocate 1% of the city’s treasury reserves to cryptocurrencies. Bruno Ramos de Sousa, Head of Global Expansion at Brazilian crypto asset manager Hashdex, shares insights into what this could mean for bitcoin adoption in Brazil.
Brazilian Asset Manager Hashdex to Launch DeFi ETF Including UNI, AAVE and COMP
The product will be listed on the Brazilian stock exchange B3 as of February.
Bitcoin Price: Still Room to Fall?
Bitcoin's price could continue to fall as the "death cross" pattern looms on its daily charts by some estimates. "All About Bitcoin" discusses BTC's possible outcomes next week and short-term signals to watch. Plus, an update on the state of crypto adoption in Rio de Janeiro, Brazil, as the city plans to invest 1% of its treasury into bitcoin.
Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report
The Brazilian city also plans to give discounts on tax payments made with bitcoin.
Why Brazilians Are Turning to Stablecoins Like Tether
Amid high inflation and a steady devaluation of the Brazilian real, locals tripled the traded volume of stablecoins in 2021.
Parent Company of Brazil’s Largest Crypto Exchange Enters Europe With Portuguese Acquisition
2TM, the holding company for Mercado Bitcoin, acquired CriptoLoja, Portugal’s first licensed crypto exchange, as step one in its plans to expand into Europe.
