Brazilian E-sport's Team MIBR Partners with Bybit

Brazilian esports team MIBR has announced a partnership and sponsorship deal with crypto exchange Bybit for the next three years.

Coinbase's plans to purchase firm behind Mercado Bitcoin fall through: Report

The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform. Coinbase and Brazilian company 2TM, the parent company of Mercado Bitcoin, have reportedly scrapped talks around the crypto exchange purchasing the firm.According to a Tuesday Bloomberg report, 2TM and Coinbase have ended discussions around the United States-based crypto exchange buying the Brazilian company, which was valued at more than $2 billion.

Coinbase Won’t Acquire Brazilian Crypto Giant 2TM

The Brazilian cryptocurrency company has ended the acquisition talks with Coinbase.

Brazilian Senate Approves Cryptocurrency Law Project

The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber.

US crypto adoption remains high despite global inflation fears

New DappRadar report provides wide-ranging insights into the performance of the crypto and Web3 space throughout Q1 of 2022. A quantitative analytics report published by DappRadar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets.The blockchain data portrays a positive sentiment for the Web3 and metaverse sectors, especially in the United States, a reactionary rise in crypto interest throughout Ukraine and Russia following the outbreak of the conflict, addition to how the well-documented surge of gas prices throughout Europe is impacting inflationary metrics.Bar chart statistics reported a high correlation between unfavorable economic dynamics witnessed in times of currency deflation and the interest in engaging with cryptocurrencies - the data suggesting that the latter could serve as an investment hedge.The tumultuous 217.65% deflation of the Brazilian Real (BRL) against the US dollar over the past decade was reported to be an influencing factor for the 45% of participants who attest to considering purchasing a digital asset within the upcoming year.

CoinEx Charity｜Change the Lives of Poor Children With a Gift

As Brazilians celebrated Easter on April 17, 2022, CoinEx Charity worked with the Brazilian singer Mc Lustosa and launched a charitable event for poor children at Jardim Brasil and Parque Edu Chaves in the north of Sao Paulo, Brazil.

Brazilian Development Bank Sets Deadline for Completion of Blockchain Network

The Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian Blockchain Network.

Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months

The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2.

Brazilian Senate announces incoming approval of the ‘Bitcoin law’

The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market. The bill regulating the cryptocurrency market in Brazil is expected to be approved by the National Congress in the first half of this year, according to Cointelegraph Brazil.The legislation, which has been debated in the Chamber of Deputies since 2015, has been approved in the first round of consideration.

Brazilian Central Bank Exec Says CBDC Pilot to Go Live this Year

Roberto Campos Neto, the President of the Central Bank of Brazil, has confirmed that there will be a pilot testing of Central Bank Digital Currency (CBDC) dubbed the Digital Real.

Brazilian central bank president confirms CBDC pilot will launch in 2022

The sovereign national digital currency will be based on national fiat and would have a fixed supply quite similar to Bitcoin.

Brazilian Asset Manager Hashdex Appoints Laurent Kssis as Managing Director

Hashdex has hired Laurent Kssis, the former director of crypto products provider 21Shares, to lead the business in Europe.

Coinbase Reportedly to Acquire Mercado Bitcoin Owner 2TM

America’s largest trading platform, Coinbase Global Inc, is reportedly on track to acquire 2TM- the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange.

Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin

A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April.

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.

Explained - Rio de Janeiro's 'plan' to accept taxes in crypto

Can you imagine paying your taxes in crypto? If you wonder what that might entail, the crypto-traders of Rio de Janeiro might be able to give you some answers in 2023. The former Brazilian capital The post Explained - Rio de Janeiro's 'plan' to accept taxes in crypto appeared first on AMBCrypto.

Rio de Janeiro to accept Bitcoin for real estate taxes from 2023

Supporting this cause led by Mayor Eduardo Paes, Binance CEO Changpeng Zhao announced to open a new office in the Brazilian city stating that “He's done his part.

Rio de Janeiro to Accept Cryptocurrency Payments for Taxes (Report)

Rio de Janeiro announced plans to become the first Brazilian city to accept bitcoin payments for taxes.

Fight for Bitcoin: Brazilian UFC star to receive fight earnings in BTC

UFC fighter Matheus Nicolau is moving to the Bitcoin paycheck to hedge against inflation and secure the value of his hard work. Ultimate Fighting Championship fighter Matheus Nicolau is the latest world-famous athlete to opt to receive his fight earnings in the largest cryptocurrency, Bitcoin (BTC).The eighth-ranked UFC flyweight fighter, Nicolau received his first salary in Bitcoin on Monday through a deal assisted by Bitwage payroll service, according to a joint announcement shared with Cointelegraph.The Brazilian sportsman has opted to take a paycheck in BTC to hedge against the rising inflation.

Tennis star Naomi Osaka becomes ambassador for crypto exchange FTX

Naomi Osaka joined figures including seven-time Super Bowl champion Tom Brady, Brazilian supermodel Gisele Bündchen, and NBA star Stephen Curry in promoting the crypto exchange. Naomi Osaka, once one of the highest-ranked tennis players in the world, has become the latest figure in sports and entertainment to endorse crypto exchange FTX.In a Monday announcement, FTX said Osaka will be taking an equity stake in the exchange as well as receiving an undisclosed amount of cryptocurrency as compensation for her endorsement.

BNDES Director Offers New Insights on Development of Brazilian Blockchain Network

Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018.

Digital Asset Firm Hashdex to Launch Web3 ETF on the Brazilian Stock Exchange

The Web 3 ETF (WEB311) will track Web 3 firms that are expected to benefit from technology infrastructure.

Binance Explores Acquisition of Brazilian Securities Brokerage Firm

Leading cryptocurrency exchange Binance is showing its intention of expanding its activities to Brazil.

Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities

The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real.

Cointelegraph’s Brazilian version unveils top 10 people in crypto and blockchain

Talent in the Brazilian cryptocurrency and blockchain space is in no short supply.

Brazilian Senate Committee on Economic Affairs Approves Crypto Regulation Bill

Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill highlighting the ground rules and day-to-day usage of digital currency funds.

Brazilian Crypto Exchange Foxbit Raises $21M in Series A funding, Led by OK Group

Brazilan Cryptocurrency exchange Foxbit announced that it has raised $21 million in a Series A round led by OK Group, owner of cryptocurrency exchange Okcoin.

Bill to regulate crypto in Brazil for first time heads to Senate vote

The largest Latin American country could soon be the latest to regulate crypto, which lawmakers hope will increase its uses across the country. The Brazilian Senate is set to vote on a bill which would make the country the biggest in Latin America to regulate cryptocurrency. The crypto bill was unanimously approved by the Senate’s Economic Affairs Committee on Feb.

QR Assets launches DeFi ETF on Brazilian Stock Exchange

The DeFi ETF would be one of the first of its kind and follow the Bloomberg DeFi Index that tracks eleven DeFi protocols.

Mobile-First Blockchain Celo Launches Stablecoin Tied to Brazilian Real

As of Thursday, three Brazilian crypto exchanges will list the cREAL.