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# Brazil News

May 23, 2019 by at Crime
Law forces in Brazil have clamped down on a cryptocurrency crime cartel accused of duping more than 55 thousand investors of more than approximately $248 million, The Next Web reports, May 22, 2019. Crypto Criminals Nabbed The ease of committing crimes in the crypto industry has worried regulators with several...
February 22, 2019 by at Blockchain, Finance, News
Brazil’s BTG Pactual announced on its blog, January 21, 2019, that it was adding a new security token to its portfolio. With this move, the bank becomes the latest financial institution in the country to add crypto assets to its financial instrument roster. ReitBZ According to the official blog post,...
January 9, 2019 by at Altcoins, Blockchain, News
On January 7, 2019, Brazilian President Jair Bolsonar tweeted that the government was going to open a "black box" into the operations of the national development bank, days after an Indigenous cryptocurrency project was halted. The Project In late 2018, there were plans by the Brazilian government to launch an indigenous...
Gustavo Schiavon, one of the founders of Brazil's largest cryptocurrency exchange, Foxbit, died in a car accident involving several vehicles in São Paulo, Brazil, local news outlet Globo reported on December 25, 2018. Young Brazilian Crypto Entrepreneur Dies in a Car Accident Tragedy has struck Brazil as the country's crypto...
The anti-trust regulator in Brazil has asked crypto exchanges a list of questions about their bank accounts, which were abruptly closed in the past few months. The story has also been covered by local news publications, including financial newspaper Valor Econômico on October 19, 2018, Ten Brazilian cryptocurrency exchanges and one...
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