Latest from Paulo Alves
Brazilian Senate Plenary Approves Bill Regulating Crypto Transactions
The bill will be voted on by the Chamber of Deputies and, if approved, can be vetoed by the executive branch.

Owner of Brazil’s Largest Crypto Exchange Plans to Launch Quantitative Trading Service
The holding company for Mercado Bitcoin, which is in talks to be acquired by Coinbase, is partnering with local player Giant Steps.

Rio de Janeiro to Allow Real Estate Tax Payments With Crypto as of 2023, Mayor Says
The state administration will convert crypto payments immediately to Brazilian reais, Mayor Eduardo Paes added.

Binance CEO Says Firm Is Looking Into Buying Banks and Payment Processors in Brazil
The company will seek to strengthen its presence in the Latin American country and comply with local regulations, according to CEO Changpeng Zhao.

Brazilian Asset Manager Hashdex to Launch Web 3 ETF on Local Stock Exchange
The exchange-traded fund will start trading on March 30 under the ticker WEB311.

Brazilian Senate Committee Approves Bill Regulating Crypto Transactions
The project, introduced by Senator Flávio Arns, has to be voted on by the Senate plenary and then, if approved, by the Brazilian Chamber of Deputies.

Brazilian Asset Manager QR Launches First Local DeFi ETF
QDFI11 was listed on the Brazilian stock exchange, B3, and tracks the Bloomberg Galaxy DeFi index.

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.

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.

