Crypto News in 60 Seconds
August 13, 2022
Picpay will provide cryptocurrency services to more than 60 million customers in Brazil. Picpay, one of the most popular fintech payment companies in Brazil, has announced that it will start adding crypto services to its program. The company explained that the service includes buying cryptocurrency and paying directly with cryptocurrency. Picpay follows in the footsteps […]
August 7, 2022
Brazilian Congress’s attempt to vote on a cryptocurrency bill fails, with a September discussion date set. Brazil’s Congress did not consider a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the lower house focused on debating bills that would lead to other issues, including health and digital education. […]
May 31, 2022
A blockchain network has been launched by the Brazilian Development Bank. The Brazilian Development Bank has developed the Brazilian Blockchain Network, a framework aimed at assisting other Brazilian organizations in boosting public openness. The launch, which was aided by the Union’s Court of Accounts, serves as a call to action for other institutions to […]
April 27, 2022
Brazil Senate authorizes Bitcoin law to govern digital currencies It’s a famous day for digital currencies in Brazil, as the Senate has eventually ratified the nation’s 1st bill intended for legislating the crypto market. Brazil’s Senate has enacted the nation’s first bill governing digital currencies in a plenary session. This will set the scene for […]
March 29, 2022
A Brazilian newspaper, Estadão, reported that Coinbase could attain the acquisition of $2.2 billion 2TM, the firm behind Mercado Bitcoin, by the end of April. Coinbase is set to proceed with its global acquisition method, reportedly purchasing the Brazilian corporation 2TM, the parent firm of Mercado Bitcoin. As per the information from Estadão, the […]
February 23, 2022
The Brazilian Senate’s economic affairs committee authorized a bill on Tuesday legislating crypto transactions. The bill was inaugurated by Senator Flávio Arns, which has to be voted on by the Senate plenary. If the bill is approved, then by the Brazilian Chamber of Deputies. The executive department then has the authority to veto the bill. […]
