Cryptocurrencies have emerged as a powerful tool that grants individuals and institutions the ability to participate fairly in the global economy. Among the platforms enabling this transformation, Coinbase stands at the forefront. With a steadfast commitment to increasing economic freedom…
OKX Crypto Exchange Expands into Brazil with Launch of Crypto Exchange and Web3 Wallet Platform
OKX, a Web3 technology company and crypto exchange, has officially launched its crypto exchange and Web3 wallet platform in Brazil. This milestone brings a trusted and secure gateway to decentralized finance (DeFi) and crypto trading for Brazilian users. With the…
Surge in USDT Adoption Propels Brazil to Dominate 80% of Crypto Transactions in 2023
In recent years, the world of cryptocurrencies has witnessed a remarkable shift in the landscape of digital transactions. Brazil, in particular, has emerged as a hotbed for cryptocurrency adoption, with one stablecoin leading the way. Stablecoin Tether (USDT) has experienced…
Brazil Has Approved A Cryptocurrency Bill that Accepts Bitcoin As A Form Of Payment.
Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. Brazilians will be able to use Bitcoin as a payment mechanism if the legislation is implemented, and digital assets will…
Brazil’s Central Bank Introduces Almost Instant Payment System in Response to Crypto
A new almost instant payment system is coming to Brazil in response to cryptocurrency and Blockchain technology. The new system known as PIX, is a creation of the country’s Central Bank and is being promoted as a 24/7 system that…
Brazil Bank Adopts IMF Guidelines for Crypto Classification
The central bank of Brazil has moved to classify bought and sold crypto assets as per the laid out International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug 26. Under the new IMF standards, traded cryptos…
New Brazilian President Shreds Plan by previous Administration of Launching Crypto-currency for the Country’s Indigenous People
Newly elected Brazilian president, Jair Bolsonaro, who assumed office only a week ago has criticized a project that had offered to create a crypto-currency for indigenous people and revealed that plans to advance that project had been shelved. Bolsonaro also…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
