The reserve would be called RESBit and the objective is to “diversify the Treasury’s financial assets. The project provides for the planned acquisition of BTC with up to 5% of international reserves. Brazilian deputy Eros Biondini presented a bill for the creation of a sovereign strategic reserve of bitcoin (BTC) by the federal government, called … Read more
Russian President Vladimir Putin proposed the creation of an exclusive economic platform for the BRICS countries. This with the objective of strengthening the economies of the member states of the association. During his speech at the BRICS Summit, which ends today, Putin stressed: “The time has come to discuss the idea of creating our own … Read more
Brazil is Meli Dólar’s main focus, says Estivariz. According to the executive, the currency has had “good acceptance” in Brazil. Ignacio Estivariz, vice president of Fintech services at Mercado Libre, stated that the Meli Dólar stablecoin already has “millions of users” who have received the currency “through the benefits of the loyalty program or because … Read more
Ripple today announced its collaboration with Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, to launch Ripple Payments in Brazil. This partnership marks a turning point in the adoption of cross-border payments based on cryptoassets, seeking to optimize financial transactions for companies. Bitcoin market becomes the first client in Brazil in using … Read more
Argentina and Brazil received a 1 bitcoin grant for key events in the bitcoin (BTC) ecosystem, LaBitconf, Descentralizar and Satsconf, as part of a total donation of 1 billion satoshis (equivalent to 10 BTC) by the Human Rights Foundation (HRF) to 20 global projects. This donationintended to cover travel expenses for developers and keynote speakers, … Read more
Circle announced today that its stablecoin, USD Coin (USDC), is now available in Brazil and Mexico through the national real-time payment systems, PIX and SPEI, respectively. This integration allows direct access to USDC using local currency, reals in Brazil and pesos in Mexico, without the need to first convert to US dollars. According to the … Read more
Brazil’s Attorney General’s Office, through prosecutor Paulo Gonet, presented arguments to the Supreme Federal Court (STF) to support the ban on the social network X (formerly Twitter), owned by Elon Musk, a measure that has generated controversy in the country. The statement by the Prosecutor’s Office comes in response to multiple demands that question the … Read more
The Brazilian Federal Police, in an operation carried out in the municipality of Queimadas, Paraíba, about 1,100 kilometers from Brasilia, seized 18 Bitcoin miners. This action It was part of a series of raids carried out last week, in which two individuals aged 34 and 40 were also detained, who were fined for embezzlement. During … Read more
If you are passionate about cryptocurrencies, technology and business opportunities, Modular 2024 is the perfect event for you. In its second edition, Modular is here to offer top-level educational content on global trends. It will be held on September 12, 2024 in São Paulo, Brazil. Whether you are a veteran in the digital asset industry … Read more
Tether Limited, the issuer of the USDT stablecoin, has acquired a 9.8% stake in Adecoagro, an agricultural company with operations in Argentina and Brazil. According to a document filed with the United States Securities and Exchange Commission (SEC), The investment is equivalent to 10,048,249 shares of that entity, valued at 100 million dollars. Adecoagro stands … Read more