Tag: cryptocurrencies

With the sharp decline in the value of Bitcoin and other cryptocurrencies around the world, stablecoins have become increasingly popular among traders and investors in Latin America and are being adopted as an option to hedge portfolios against the...
RIO DE JANEIRO, BRAZIL - David Vélez, CEO and co-founder of Nubank, the largest fintech bank in Latin America, was very positive about Bitcoin and cryptocurrencies in a recent interview with the portal Bloomberg Línea. The senior manager explained...
RIO DE JANEIRO, BRAZIL - Brazilian exchange B3 confirmed Monday that it will launch bitcoin futures trading in the next six months, its first product for the cryptocurrency market. B3's chief financial officer, André Milanez, said, "We plan to launch...
RIO DE JANEIRO, BRAZIL - Portugal has become a safe haven for cryptocurrency believers due to its low regulation and low taxes, which has caused a stir in the rest of Europe. "You don't need to do anything else because...
RIO DE JANEIRO, BRAZIL - Central bank digital currencies (CBDCs) are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country's fiat currency. However, CBDCs should in no way be confused...
RIO DE JANEIRO, BRAZIL - The TON Foundation has added crypto payments to Telegram, allowing its 550 million users to send and receive the cryptocurrency Toncoin (TON) through the messaging app, according to a statement released Tuesday (26). While only...
RIO DE JANEIRO, BRAZIL - US President Joe Biden signed an unprecedented decree regulating cryptocurrencies in early March. This decree will serve as a guideline for federal authorities to regulate the sector in the country. According to what fintech expert...
RIO DE JANEIRO, BRAZIL - The volume of Bitcoin (BTC) traded in Brazil rose significantly in 2021. From R$37.1 billion (US$7 billion) in 2020, transactions with the digital currency reached R$64.3 billion last year, a growth of 73.3%. The...
RIO DE JANEIRO, BRAZIL - Despite the impacts of the pandemic, startups had an exciting last year, marked by 10 companies reaching a valuation of US$1 billion - the new unicorns - and breaking records in venture investments. Brazil...

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