Brazil

Brazilian Officials Caught Using Bitcoin in $22 Million Scam
Corrupt Brazilian officials have been caught allegedly using bitcoin to divert millions in public funds that were intended for prison supplies.

Brazil Regulators Move to Block Bitcoin Mining Investments
The Brazilian Securities and Exchange Commission has declared a bitcoin mining company to be unlawfully offering securities.

Why São Paulo Wants to Pay for Infrastructure with Cryptocurrency
The Brazilian state wants to pay for feasibility studies with a token designed for the construction industry. Can such a coin achieve network effect?

Blockchain ID Schemes Could Kill the Data Breach, But How Soon?
CoinDesk takes a look at problems facing decentralized identity schemes – as told by those seeking to take the blockchain use case live.

Brazil Central Bank Chief Compares Bitcoin to Pyramid Scheme
The president of Brazil's central bank compared bitcoin to a financial scam, according to newly published statements.

Brazil's Ministry of Planning Is Testing Blockchain Identity Tech
A government agency in Brazil is investigating how it could leverage blockchain technology to verify the legitimacy of ID documents.

The Legal Future of Cryptocurrencies in Brazil
A legal expert argues that attempts to regulate Brazil's cryptocurrency industry at this stage are misguided.

Blockchain Land Registry Tech Gets Test in Brazil
The land registrar offices of two Brazilian municipalities are now experimenting with blockchain tech.

Blockchain Trials Accelerate as South America Sees Ethereum Uptake
Ethereum-focused startup ConsenSys is making inroads bringing the blockchain to South America.

Brazilian Bitcoin Market Consolidates With Exchange Acquisition
Brazilian bitcoin exchange Foxbit has acquired payment processor BitInvest.
