On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and…
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“Employees” at Brazilian company at center of crypto scam allegations have been filmed apparently on their way to remove evidence – under the cover of night. The Brazilian media outlet Livecoins shared a video showing “at least two people” entering the company, Braiscompany. The offices have been shuttered by the police as part of an…
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BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries…
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China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural Gas (LNG) with a French company using yuan as payment.…
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Brazilians will have more options for trading in crypto and better customer service as the United States-based exchange partners with the popular instant payment app. Coinbase is expanding its services in Brazil through partnerships with local services, the company announced March 21. Round-the-clock customer support in Portuguese and easier onboarding are among its upgrades. Coinbase has…
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Brazilian police have swooped on what they believe is a sex-themed crypto extortion ring that saw victims blackmailed into handing over tokens. The Brazilian media outlet Livecoins reported that the probe was codenamed “Operation Sextorsion” and was carried out by the Civil Police in Patos de Minas, Minas Gerais. Three unnamed suspects, thought to be…
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Two top Brazilian professional football (soccer) players claim they have fallen foul of a crypto scam – and say that they were convinced to invest in a fraudulent project by a fellow pro…. Read More: Top Brazilian Footballers ‘Embroiled in Crypto Scam’ – Which Players Are Involved? Read more »Sign up for e-EUR – the…
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Binance, the cryptocurrency exchange, has launched a prepaid cryptocurrency card in Colombia, expanding its reach in Latam. The card, which will allow customers with their identity verified to make payments with crypto, establishes the country as one of the leading markets for the exchange in Latam behind Brazil and Argentina.
Binance Announces Crypto Prepaid…
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Brazilian neobank Nubank, known for its crypto-friendly stance, has made headlines by hiring David Marcus, the former crypto chief at Meta (formerly Facebook), while simultaneously seeing a key member of its management team step down. The move comes hot on the heels of the bank’s release of its own crypto asset…. Read More: Brazilian Unicorn…
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Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume, a reality related to OTC (over-the-counter) trades, according to market analysts. Crypto Market Moves Again in January, According to…
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