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LEGAL

Brazil Approves Bill Regulating Use Of Bitcoin As Payment

Namcios -
Brazilian lawmakers have approved a complete regulatory framework for crypto, regulating the use of bitcoin as payment.
BUSINESS

Brazilian Bitcoin Nonprofit Vinteum Announces Utreexo Developer Grant

Shawn Amick -
Grantee Davidson Souza will continue development on multiple Bitcoin projects following a Summer of Bitcoin internship, including Utreexo.
CULTURE

Bitcoin Beach Brazil: Inspired By El Salvador

João -
A project in Brazil seeks to emulate the successful adoption of bitcoin seen on the beaches of El Salvador.
BUSINESS

Brazil’s Largest Broker XP Just Launched Bitcoin Trading Services

Shawn Amick -
The broker has 3.6 million users and its new trading platform developed in partnership with the Nasdaq can scale to support one million users for bitcoin trading.
BUSINESS

Vinteum Launches Funding Bitcoin Developers In Brazil, Latin America

Shawn Amick -
The non-profit will provide educational onboarding and funding for Bitcoin developers in Brazil and globally furthering Bitcoin’s decentralized global nature.
BUSINESS

Banking Giant Santander To Offer Bitcoin, Crypto Services In Brazil: Report

Shawn Amick -
The bank’s CEO said the firm would release more details for its Bitcoin and cryptocurrency services by or before the release of its quarterly results.
LEGAL

Rio De Janeiro Moves Forward With Bitcoin Integration

João Grilo -
The secretary of finance and planning commented on the city’s plans to put a percentage of the treasury into bitcoin. Brazil has tax breaks for bitcoin miners.
BUSINESS

Brazil’s Largest Investment Broker To Offer Bitcoin Trading In August: Report

Shawn Amick -
In partnership with Nasdaq and BitGo, XP Inc. will offer bitcoin trading services leveraging cold storage custody solutions on a new platform.
BUSINESS

Brazil’s Largest Payments App To Enable 65 Million Users To Buy Bitcoin

Bitcoin Magazine -
PicPay, the largest payments app in Brazil, is launching a cryptocurrency exchange where its 65 million users can learn about and buy bitcoin.
BUSINESS

Nubank Now Allows 53 Million Brazilians To Buy Bitcoin

Namcios -
Over 53 million Brazilian customers can now buy bitcoin through the country’s largest digital bank, Warren Buffett-backed Nubank.
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