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Brazilians bought more than $4 billion in cryptocurrencies this year as the country looks to regulate Bitcoin
Brazilians have bought more than $4 billion in cryptocurrencies in 2021 so far, according to a repo…
Rio de Janeiro's mayor is following the lead of Miami's bitcoin-loving Francis Suarez and will invest 1% of the city's reserves in the cryptocurrency
The famous Brazilian city is also reportedly looking into offering a discount of 10% on property ta…
Carla Mozée
Binance stops offering crypto derivatives in Brazil as it shapes up to regulators' demands
Binance halted trading in crypto derivatives on its Brazil platform to comply with a July 2020 orde…
Camomile Shumba
Brazilian 'bitcoin king' arrested in an alleged $300 million embezzlement case
The arrests were made after a three-year investigation centered in the southern state of Parana.
Carla Mozée
Brazilian police seized $28 million in bitcoin from an alleged Ponzi scheme in the country's largest crypto seizure ever
Police also arrested five individuals and confiscated 21 luxury cars and other high-value goods rel…
Emily Graffeo
Cryptocurrencies are taking the developing world by storm, with more users now in Nigeria than in the US - 2 experts lay out how bitcoin is changing emerging-market finance
In the developing world, crypto adoption is growing at breakneck speed. From Brazil to Botswana, th…
Camomile Shumba
How crypto innovation is sweeping the globe
From the US to Ghana to Singapore, Web3 is changing financial lives. Here's a look at how crypto is…
Drake Baer
Bitso's $2 billion rise shows the power of crypto innovation in Latin America
Bitso "paved the way for much of the crypto ecosystem in Latin America," one expert said, and helpe…
Katie Canales
India leads in the total number of first-time crypto investors in the last three months, according to a new report
India is amongst the top three countries where crypto adoption has skyrocketed over the last three …
Some 40% of US crypto owners view their digital assets as a hedge against inflation, survey finds
Almost half of US owners — 44% — began buying crypto last year, according to a Gemini survey, which…
Adam Morgan McCarthy
Report from Money20/20: OnlyFans CFO touts the platform's growth, but not adopting crypto to pay creators
At Money20/20 in Amsterdam, OnlyFans CFO, Lee Taylor, spoke about the company's growth during a tim…
Grace Dean
Binance is launching a training program for law enforcement to catch crypto criminals around the world
The world's largest crypto trading platform said its investigations team has responded to more than…
Carla Mozée
Brazil gives the green light to Latin America's 1st ethereum ETF
Brazil's third crypto ETF arrives as US regulators weigh the approval of the country's first bitcoi…
Carla Mozée
Crypto trading volume on Binance is reportedly soaring despite a market crackdown and regulatory pressure
Spot cryptocurrency trading volumes at Binance were $789 billion in September, a 74% surge from $45…
Carla Mozée
Binance to shut down crypto derivatives for Australian customers in December, in a bow to regulators
Binance is shutting down crypto derivative products for existing customers in Australia by the end …
Camomile Shumba
Crypto is set to get a big boost from the ruble's collapse and the growing market share of stablecoins, JPMorgan says
The reality for Russian citizens over the past week has been a significant loss in purchasing power…
Matthew Fox
Crypto assets could replace fiat currencies within as little as 5 years, financial execs tell Deloitte
In a survey, 76% of execs said crypto will at least provide a strong alternative to fiat, which mea…
Camomile Shumba
Venezuela is set to launch its government-backed digital currency in October as the bolivar gets a makeover
Venezuela is giving its national currency, the bolivar, a makeover in October. In addition to reden…