Brazil
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.
Coinbase Said Near Deal to Buy Owner of Brazil’s Largest Crypto Exchange: Report
A transaction could be announced by the end of April, according to local newspaper Estadão.
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.
Argentinian Exchange Lemon Cash Expands to Brazil Amid Crypto Boom
The company plans to hire 60 employees in Brazil by the end of 2022.
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.
Binance Signs MoU to Acquire Brazilian Securities Brokerage Sim;paul Investimentos
The potential deal comes ahead of legislation that would require proper licensing for overseas crypto exchanges operating in Brazil.
Central Bank of Brazil Selects Partners to Assist With CBDC
The bank wants to evaluate use cases for a digital real and its technological feasibility.
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 Crypto Exchange Foxbit Raises $21M in Series A Funding
Funds will be used for developing new technology, team expansion and potential acquisitions, the company said.
Brazilian Asset Manager Hashdex Launches DeFi ETF on Local Stock Exchange
The ETF, which trades under the ticker DEFI11, attracted 2,200 investors for a total amount of $10.5 million, about a tenth of the $96 million it expected to capture.
