Tether and Smartpay will provide USDT through ATMs in Brazil
Tether, the company behind the USDT stablecoin, revealed that USDT would be available at more than 24,000 ATMs in Brazil. This was made possible by integrating the technological stacks of the Brazilian ATM supplier Tecban and the bitcoin systems provider Smartpay. Due to their particular economic situations, various Latam countries have placed a significant emphasis […]
Brazil Topped 1 million Registered Crypto Users In July
The number doesn’t include international exchanges because they aren’t required to tell the Brazil local tax office about them. The South American country’s tax agency, Receita Federal, said this week that Brazil had more than 1 million registered crypto users in July. This was the first time that number had been reached.According to Receita Federal, […]
Hashdex Firm Authorized to List ETPs in the European Union
Early this year, the Hashdex firm got permission to do business in Switzerland, and in May, it listed an ETP there. Hashdex Firm, a Brazilian company that manages crypto assets, said Tuesday that it has been given permission to list exchange-traded products (ETP) in the European Union. According to a statement released by Hashdex, they […]
Itaú Set to Develop a DeFi Liquidity Pool
As part of the Financial and Technological Innovation and Technology Laboratory, Banco Central do Brasil chose Itaú and seven other projects. A decentralized finance (DeFi) liquidity pool from Itaú Unibanco, the biggest private bank in the nation, was chosen by the central bank of Brazil as one of eight new initiatives for its most recent […]
MercadoLibre Announces Its own Crypto ‘MercadoCoin’ in Brazil.
Mercadolibre has made investments in Bitcoin and cryptocurrency businesses. It will now have Mercadocoin as its own cryptocurrency. The launch of a new cryptocurrency dubbed MercadoCoin , which will be integrated into its loyalty program, was announced by MercadoLibre Inc., a global e-commerce firm with headquarters in Latin America, on August 18. According to Reuters, […]