Category: Brazil

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Tracing Global Meat Related Risks With Blockchain Amid COVID-19

To gain transparency and consumer safety, the food-processing and meatpacking plants are implementing blockchain technology to their operation services. COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs,…
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Celo to Issue at Least $15.7 Mln in Community Grants During 2020

Cointelegraph spoke to cLabs’ Xochitl Cazador to find out about Celo’s community grants and the network’s plans for 2020. Open-source payments network, Celo (cGLD), announced on March 31 that it had awarded $700,000 in developer grant funding to 16 startups looking to build on the Celo network.  Cointelegraph spoke to Xochitl Cazador, the head of…
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Binance P2P Adds Five New Fiat Currencies in Latin America

Binance has rolled out peer-to-peer crypto trading with five new Latin American fiat currencies. Cryptocurrency exchange Binance has rolled out peer-to-peer (P2P) crypto trading with five new Latin American fiat currencies.  Users of the Binance P2P trading platform can now buy and sell cryptocurrency directly with Brazilian real (BRL), Argentine peso (ARS), Colombian peso (COP),…
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Alibaba Files for a Blockchain Transaction System in Brazil

Alibaba has registered a patent in Brazil that aims to establish a blockchain-based transaction system. Chinese e-commerce giant Alibaba has registered a blockchain-based system patent in Brazil under the category of “insurance,” “financial business” and “monetary business,” according to the March 10th edition of the Industrial Property Magazine (NPI). As reported by the NPI, the name…
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Legendary Soccer Player Turned BTC Pyramid Detained With Fake Passport

Legendary soccer player Ronadinho Gaúcho, now under investigation for involvement in Bitcoin pyramid schemes, was detained with falsified passports. Legendary soccer player Ronaldinho Gaúcho was ‘arrested’ trying to enter Paraguay with a fake passport. One of the greatest soccer players in the history of the sport and now under investigation for participation in companies accused…
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Brazilian Ministry of Education Proposes Issuing Diplomas on the Blockchain

Brazil opens up to the possibility of implementing Blockchain technology to issue university diplomas and prevent fraud. In an attempt to fight against the falsification of university diplomas in Brazil, the Ministry of Education (MEC) has proposed, creating a Blockchain-based platform to issue digital certifications among non-state universities. According to Cointelegraph Brazil, MEC minister Abraham…
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Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure

Brazil’s PIX will cut out payment intermediaries, enabling peer-to-peer and business-to-business transactions in seconds. The Central Bank of Brazil made some waves last week with its new instant payment system. While not blockchain-based, the new system, dubbed PIX, nevertheless is imbued with some of blockchain’s core attributes. Money transfers have historically been slow, cumbersome and…
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Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto

The new platform will facilitate payments in up to 10 seconds using QR codes or identification data alongside computers, ATMs, or mobile phones. The Central Bank of Brazil (BCB) has announced a plan to launch a new near-instant payment system during November. The platform, called the Brazilian Instant Payment Scheme (PIX), will facilitate peer-to-peer and…
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Binance Cryptocurrency Exchange Launches Latin American Fiat Gateway

Binance launches Latamex, a fiat-crypto platform for Latin American countries that will operate under the Binance Fiat Gateway. Binance, the leading global cryptocurrency exchange by trading volume and users, today announced the launch of its fiat gateway for Latin America. The announcement was made during laBitConf, a major crypto event for Latin America held in…
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Brazil’s Tax Authority Fines Those Who Fail to Declare Bitcoin and Crypto

Brazil’s tax authority has implemented a new tax code that fines taxpayers who fail to declare their Bitcoin and crypto transactions. Brazil’s tax agency, the Department of Federal Revenue (RFB), published a new tax code that specifies fines for taxpayers who fail to declare their Bitcoin (BTC) and cryptocurrency transactions. On Dec. 6, Cointelegraph Brasil…
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