Brazilian Federal Police Launches Operation Colossus, 6 Cryptocurrency Exchanges Involved

Brazilian Federal Police Launches Operation Colossus 6 Cryptocurrency Exchanges Involved

The Brazilian Federal Police and the Brazilian Tax Authority have launched the latest stage of “Operation Colossus,” a movement that has enforced hundreds of court orders against cryptocurrency exchanges, arbitration agents and bogus companies in four states of the country. 158 government agents, including 130 federal police officers, were involved in this operation, issuing search … Read more

Brazilian e-commerce giant MercadoLibre launches its own cryptocurrency, MercadoCoin. – Latest News

Dozens of Crypto Platforms Affected by SEC Complaint

Yesterday, the e-commerce multinational MercadoLibre announced the creation of a new cryptocurrency called MercadoCoinwhich will be implemented in its loyalty program. According to Reuters, the cryptocurrency will work on the network Ethereum as a token ERC-20 priced at $0.10 each. Launch of MercadoCoin Mainly used for cashback and in-platform purchases MercadoLibre. The dev team also … Read more

10 Brazilian Business Giants Who Plunged Into Bitcoin And Crypto

10 Brazilian Business Giants Who Plunged Into Bitcoin And Crypto

Source: AdobeStock / WavebreakMediaMicro Crypto adoption is on the rise in Brazil – where the government has all but incentivized mining by waiving tariffs on mining rig imports. And after a major property developer revealed it would start accepting payment in bitcoin (BTC) for new apartments (see below), Brazilian news outlet Exame listed nine “big” … Read more

Brazilian Crypto Exchange Refunds All UST Holders 1:1

Brazil-based crypto exchange Nox Bitcoin has announced that it will spend 620 million Brazilian reais to reimburse UST holders, crypto news outlet Portal do Bitcoin reported. The exchange will offset the difference between the current value of UST ($0.08) to ensure that each UST holder has $1 for every 1 UST held. A refund for … Read more

Brazilian Senate Passes Cryptocurrency Bill

Brazilian Senate Passes Cryptocurrency Bill

Written by Angelica Mari, Contributing Editor Angelica Mari Editor-in-Chief Angelica Mari is a technology journalist based in Brazil. She started working at age 15 as a computer trainer and began writing professionally about technology two years later. Full biography The Brazilian Senate has passed a bill that regulates the cryptocurrency market in the country. The … Read more