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Brazil

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.
CULTURE

Brazilian Congressman Sees Bitcoin As Transformative For The Country

João Grilo -
Brazilian congressman, Fábio Ostermann, sees bitcoin as a means to make tools of the state obsolete and allow for technology to set people free.
BUSINESS

One Of The Largest Real Estate Developers In Brazil Now Accepts Bitcoin

Shawn Amick -
Gafisa, one of the largest Brazilian real estate developers, now accepts bitcoin for real estate transactions through a partnership with Foxbit.
MARKETS

Brazilian Stock Exchange To Begin Trading Bitcoin Futures This Year

Shawn Amick -
B3, the Brazilian stock exchange, will begin trading bitcoin futures contracts within the next three to six months and hopes to offer crypto-based services.
BUSINESS

Brazil’s Largest Broker XP To Launch Bitcoin Trading

Shawn Amick -
XP is the largest broker by market value in Brazil and they intend to launch bitcoin trading by the end of June this year, in partnership with Nasdaq and BitGo.
MARKETS

Brazil Is Now One Step Closer To Regulating Bitcoin

Namcios -
The country is favoring a single Bitcoin and cryptocurrency legislation in an effort to enact it by the first half of 2022.
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