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Brazil
Record Number of Brazilian Companies Bought Crypto in August
According to the South American country's tax authority, 12,053 companies reported purchasing crypto during the month.
Brazilian Police Issue Warrants Against Alleged Leader of $767M Crypto Pyramid Scheme
Francisley Valdevino da Silva, known as the "cryptocurrency sheik," has 20 seizure warrants against him.
Brazil’s Securities Regulator Probes Crypto Exchange Mercado Bitcoin on Token Issuance
The CVM asked the country’s largest local crypto exchange to provide data on fixed-income tokens it has issued since January 2020.
Brazilian Federal Police Raids 6 Crypto Exchanges in Money Laundering Investigation
The names of the companies involved were not disclosed.
Crypto Exchange Bybit Halts Derivatives Trading in Brazil After Exchange Commission Ban
Bybit said it is holding talks with Brazil’s securities commission, but will discontinue trading of crypto futures and options as of Thursday.
Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos
Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study.
Digital Wallet Provider MetaMask Allows Crypto Purchases With Brazilian Reals
MetaMask is the latest global crypto player to integrate with Brazil's Pix payment system, which has 126 million users.
Brazil Exceeds 1M Registered Crypto Users in July for First Time as Number Grows 68% in a Month
The figure excludes international exchanges, which aren’t obliged to disclose the information to the local tax authority.
Crypto Exchange Bybit Barred From Brokering Securities in Brazil
According to the CVM, Brazil's stock exchange B3 is the only one authorized to intermediate securities in the South American country.