Brazil
New FTX Derivative Lets Traders Bet on Re-Election of Brazil’s Bolsonaro
The “Bolsonaro 2022” futures contract should theoretically track the Brazilian president’s perceived chances of re-election.
Coinbase, SoftBank Back $26M Funding for Brazilian Crypto Asset Manager Hashdex
The firm has $76 million in assets under management.
Stablecoins Like USDC See Growing Demand in Latin America: Bitso CEO
Latin Americans are increasingly turning to stablecoins as a store of value.
Consensus 2021: Crypto Is Booming in Brazil, but Regulations Lag Behind
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
$2.2B Bitso Becomes First Crypto Unicorn in Latin America
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.
Brazil Becomes Second Country in the Americas to Approve a Bitcoin ETF
The Brazil Securities and Exchange Commission (CVM) has approved QR Capital's bitcoin ETF which will trade on the Sao Paulo-based B3 exchange.
Argentina's Ripio Acquires Second-Largest Crypto Exchange in Brazil
Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.
Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil
Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.
US Seizes $24M in Crypto as Part of Brazilian Probe Into $200M Fraud Scheme
The U.S. Department of Justice announced Wednesday the seizure of $24 million in cryptocurrency after a request from Brazilian police.
Why Fiats Are Failing in 2020
From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?
