Brazil

DeepDotWeb Defendants Used Bitcoin to Hide Criminal Proceeds, Say Feds
U.S. authorities formally charged the alleged moderators of DeepDotWeb with money laundering and other crimes.

Brazilian Bank Aims to Raise $15 Million Through Security Token Offering
Brazilian investment bank BTG Pactual is planning to raise millions of dollars through the offering of a security token tied to property assets.

This Brazilian Bank Is Using Ethereum to Issue a Stablecoin
The Brazilian National Social Development Bank is to pilot a stablecoin based on ethereum to combat corruption.

Brazil's Largest Independent Broker Is Launching a Crypto Exchange
The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reports.

Brazil Moves to Probe Banks After Crypto Exchanges Denied Services
Brazil's antitrust watchdog is investigating major banks for potentially collaborating to prevent crypto brokerages from gaining banking services.

Brazilian Soccer Club Seeks $20 Million In Upcoming ICO
The Avaí Futebol Clube is hoping to raise $20 million in the coming months with an initial coin offering.

Ripio Rolls Out Crypto-Powered Loans Across Latin America
Ripio is driving mainstream adoption among the unbanked of South America, offering crypto loans in Argentina, Mexico, and Brazil.

BRICS Bank Consortium to Research Blockchain Applications
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

Brazil's Central Bank Plans Blockchain Data Exchange for Regulators
Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities.

Crypto Exchange Huobi Confirms Move Into Brazilian Market
Huobi, a major cryptocurrency exchange originally from China, has told CoinDesk that it's setting up shop in Brazil.
