Brazil
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.
Turkish Crypto Firm Bitci Eyes Expansion Into Brazil, Spain: Report
The company aims to open a trading platform in Brazil next month with a Spanish one planned in March.
Watch Out for the Pols Bearing Crypto
Rio de Janeiro is the latest city to invest in bitcoin. The public needs transparency.
Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto
Chicão Bulhões, the city's secretary of economic development, told CoinDesk TV the move seeks to reduce locals' distrust of cryptocurrencies and turn the city into a crypto hub like Miami.
Rio De Janeiro 'Inspired by Miami' to Add Crypto to Its Balance Sheet
Brazil's second most populous city, Rio De Janeiro, is planning to allocate 1% of the city's treasury reserves to cryptocurrencies, also exploring applying discounts to tax payments made with bitcoin. "We were really inspired by Miami actually," Rio de Janeiro Economic Development Secretary Chicão Bulhões said of the move, sharing insights into what this means for the state of crypto in Brazil.
Mobile-First Blockchain Celo Launches Stablecoin Tied to Brazilian Real
As of Thursday, three Brazilian crypto exchanges will list the cREAL.
Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges
A cocktail of inflation and devaluation is generating a crypto boom that players such as Binance, Coinbase and Crypto.com do not want to waste.
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
The company acquired shares of the holding company for Mercado Bitcoin crypto exchange, and made a “strategic investment” in Paxos.
Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto
The mayor of Rio de Janeiro, Brazil’s second-most populous city, reportedly announced last week he plans to allocate 1% of the city’s treasury reserves to cryptocurrencies. Bruno Ramos de Sousa, Head of Global Expansion at Brazilian crypto asset manager Hashdex, shares insights into what this could mean for bitcoin adoption in Brazil.
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.
