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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   


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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…

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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   


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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   


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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   


Camomile Shumba   


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FTX's collapse wiped out $200 billion in the total value of the cryptocurrency market, and it hit retail investors in emerging economies the hardest

Larger crypto investors "tended to sell their coins right before steep price declines, while smalle…

Morgan Chittum   


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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   


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There are no coffee sanctions against Russia, but payment and security concerns have some distributors avoiding the country

In March, some traders began seeking advance payment from Russian coffee-bean roasters, and others …

Dominick Reuter   


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Coinbase may reportedly be buying the largest crypto exchange in Latin America

​​American crypto exchange Coinbase is extending its global acquisition strategy to Brazil. Accordi…

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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   


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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   


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The Internet's original source code is going up for auction on Sotheby's as an NFT this month

The British computer scientist, who was knighted for his feat, is giving everyone a chance to ow…

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A new cryptocurrency scam targeting gamers has already siphoned off $2 million in Monero

Grand Theft Auto V, NBA 2K19, and Pro Evolution Soccer 2018 players are being duped into mining for…

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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   


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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   


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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   


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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…

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The first widely available bitcoin mutual fund is now available for investors who don't want to buy the coin itself

ProFunds said the new mutual fund eliminates the need for investors to hold their bitcoin through e…

Isabelle Lee   


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Nigeria joins China, Brazil and others in the race to launch its own central bank digital currency

The cryptocurrency world is undergoing a period of rapid progression as governments and compan…