Category: Brazil

Crypto and blockchain: What the Brazilian market can expect for 2021

January 22, 2021

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2020 will be remembered as one of the most difficult years for contemporary societies: Countries and entire populations have faced lockdowns and economic crises, financial markets still suffer from the severe impacts of the economic recession, and more than 2 million lives have been taken by COVID-19. Despite this, other sectors have been impacted in […]

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Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil

January 5, 2021

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Jan 5, 2021 at 1:00 p.m. UTC Sebastian Serrano, Ripio CEO(Ripio) Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil Argentina’s Ripio has acquired BitcoinTrade, the second-largest crypto exchange in Brazil, in a bid to increase its footprint across the frothy Latin American crypto market.  Ripio (formerly called BitPagos) ended 2020 on a high, crossing the […]

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Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

December 9, 2020

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Dec 9, 2020 at 3:00 p.m. UTC 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. Announced Wednesday, Mexico City-based Bitso’s Series B also heralded the first investment in crypto by […]

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Blockchain-based agri-commodity trading to tap world’s largest wheat market

November 10, 2020

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Blockchain will streamline trade from Europe’s grain belt. 4696 Total views 44 Total shares Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive prelaunch trial implementation with firms from Algeria, Brazil, Dubai, Japan and […]

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Economy minister says Brazil will have its own CBDC

November 5, 2020

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Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of its central bank. 1926 Total views 20 Total shares Brazilian Economy Minister Paulo Guedes has said that Brazil will issue its own central bank digital currency, or CBDC. Guedes made the statement on Thursday during a ceremony […]

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Why Fiats Are Failing in 2020

October 23, 2020

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Oct 23, 2020 at 19:00 UTC (fatido/iStock via Getty Images Plus) 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? For more episodes and free early access before our regular 3 p.m. […]

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