#South America News

Disclosure of Domestic Cryptocurrency Transactions in Brazil are now Compulsory

August 2, 2019 by Edoardo Vecchio at Finance

Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities. As previously...

Man Checking his Wallet Red Flag in the Background

Latin American Residents Can Now Buy Crypto with Fiat on OKCoin

November 16, 2018 by Rahul Nambiampurath at Adoption, Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, News

The phenomenal rise in the price of Bitcoin and cryptocurrencies in late 2017 saw a lot of new cryptocurrencies, particularly ICOs flood the crypto space. The increase in the number of cryptocurrency projects was met with a proliferation in the number of crypto exchanges. As at the time of writing...

South American Exchange Cryptofacil and Bittrex Come Together to Foster Crypto Ecosystem

September 7, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Exchange, Finance, Investment, News

Bittrex, one of the premier crypto exchanges in the U.S. has joined forces with Cryptofacil, a South American digital asset trading platform in a bid to provide an efficient and secure crypto ecosystem in South America (LATAM) and the Caribbean. According to a press release published on September 5, 2018,...

Non-Profit Organizations in Crypto-Friendly Argentina Launch Bitcoin Campaign

June 7, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Finance, News, Tech

At a time when the price of bitcoin and other cryptocurrencies are experiencing a significant slump, causing the enthusiasm of some in the virtual currency ecosystem to get cold, Bitcoin Argentina and Bitcoin Latin America are painting the town gold with their Latin American cryptocurrency sensitization initiative. The Gospel of...

Ubitquity to Pioneer Government-backed Blockchain-based Land Records in Brazil

April 10, 2017 by Nuno Menezes at Blockchain, Business, News

Ubitquity LLC, a real estate startup, is set to be the first company to partner with a Brazilian government institution to develop a blockchain-based land records application. This new application aims to bring secure and cheaper property deeds storage and tracking across the country and South America. To streamline and...