Brazil’s stablecoin surge in 2024: transaction volumes outpace Bitcoin

2024-10-10 22:56

Brazil’s stablecoin market is experiencing explosive growth, significantly outpacing Bitcoin in transaction volume on local exchanges. This surge reflects an increasing preference for stablecoins in B2B cross-border payments, driven by the need for stable US dollar exposure amid local currency fluctuations. origin »

USDx stablecoin (USDX) на Currencies.ru

$ 0 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 1.62 %

Cегодня L: $0 - H: $0

Капитализация $0 Rank 99999

Доступно / Всего 0 USDX

brazil local bitcoin transaction surge stablecoin payments

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Источник: invezz.com

brazil local → Результатов: 60

Brazil’s National Currency ‘Real’ Plunges by 10% Causing Local Bitcoin Trade Volumes to Soar

In the wake of Brazil’s recent market slide, a local cryptocurrency exchange has noted a massive spike in its daily BTC trade volume. To be a bit more specific, we can see that the exchange in question (Negocie Coins) saw $1.

2019-5-6 00:49	Bitcoin Innovation
brazil local trade btc exchange question negocie

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Brazilian Authorities Arrest Suspect Of Running Potential Crypto Money Laundering Scheme

Brazilian police arrested a man that was apparently running a crypto money laundering scheme in Brazil. The information was released by the local news site Gauchazh on April 23. As per the report, law enforcement officials shut down a Bitcoin (BTC) mining farm that operated in a clandestine drug laboratory in Porto Alegre. Suspect Arrested […]

2019-4-25 00:20	Legal & Regulation
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Police bust potential Bitcoin money laundering scheme in Brazil

Brazilian police have arrested a man on suspicion that he was running a drug trafficking ring and laundering funds using Bitcoin. According to a local report, law enforcement officials found a clandestine drug laboratory containing Bitcoin mining equipment in Porto Alegre, in southern Brazil, and arrested the unnamed man yesterday.

2019-4-24 18:07	hard fork
police bitcoin man found equipment southern drug

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Bitcoin at a $200 Premium in Brazil with Record Breaking Trading Volumes

A record breaking half a billion dollars worth of 100,000 bitcoins exchanged hands in Brazil within a 24 hour period according to a local stats site. The vast majority of... The post Bitcoin at a $200 Premium in Brazil with Record Breaking Trading Volumes appeared first on Trustnodes.

2019-4-17 16:13	News
brazil record breaking premium trading volumes 200

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Crypto Nightmare: This Brazilian Investor Just Accidentally Bought Bitcoin at $20,000

Every crypto investor’s worst nightmare came true for one Brazilian trader, who accidentally bought bitcoin at a massive premium. At one point, he bought 0. 0047 BTC for 340 Brazilian reals, worth about $91.

2019-2-16 03:27
bitcoin bought brazilian accidentally crypto investor nightmare

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Bitwage Service Adds Payroll Tax Payment Funding Options for U.S. Businesses

Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.

2019-1-16 05:22	Startups
payroll companies bitwage employees crypto fiat bitcoin

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Nigeria caught in WhatsApp fake news whirlwind ahead of elections

After numerous infamous cases of people in India and Brazil falling prey to fake news spread on WhatsApp, the problem is now spreading to Nigeria. The West African nation is hosting its national elections in February next year, and a report from The Poynter Institute says its citizens are at risk of being conned by misinformation surrounding political parties – and it’s reaching people through WhatsApp.

2018-12-3 11:35	Insider
whatsapp people nigeria spread report through political

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Brazil Tax Authority Orders Crypto Exchanges to Provide Monthly Reports

Brazil’s tax regulator, the Department of Federal Revenue, is requiring local cryptocurrency exchanges to report their operations on a monthly basis in order to verify tax compliance and improve the country’s fight against money laundering and corruption.

2018-11-4 00:30
monthly exchanges tax brazil cryptocurrency report reports

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Huobi Enters Japanese Market With BitTrade Acquisition

Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market.

2018-9-14 22:25	Digital assets
bittrade huobi exchange japan japanese platform partnership

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Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges

In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States […] The post Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges appeared first on Bitcoin News.

2018-9-1 20:05
exchanges spread brazil price data institutions round-up

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Brazilian Cryptocurrency Investment Platform Hacked, Personal Data of 264 Investors Leaked

Cyberpunks have broken into the system of Brazil’s controversial bitcoin investment platform, Atlas Quantum. If the report by local news source Portal do Bitcoin on August 26, 2018, is anything to go by, the hacker was unable to steal digital assets of investors but succeeded in leaking sensitive information of 264K users, including their email addresses, phone numbers and the amount...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-8-29 19:00	#scams
investors bitcoin investment platform leaking sensitive hacker

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Brazilian Presidential Candidate Pledges To Legalize Bitcoin (BTC) If Elected

A presidential candidate in Brazil has pledged to legalized cryptocurrency in the country if elected. He revealed this through his Twitter handle on the 7th of August, as he affirmed the local currency of the nation remains the national currency of the country as a legal tender for transactions, but cryptocurrency will obtain the status […]

2018-8-12 06:40	News
currency cryptocurrency country elected candidate presidential national

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Bitcoin at a Premium in Brazil, Why?

Bitcoin is slightly down again today to $6,400, but a number of hot-spots are apparently developing across the world as told by local premiums. We recently wrote about South Africa... The post Bitcoin at a Premium in Brazil, Why? appeared first on Trustnodes.

2018-8-10 18:42	News
bitcoin brazil premium premiums told wrote local

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Brazilian Authorities Shutter International Cocaine Ring Financed Using Bitcoins

The Brazilian Police force has successfully arrested several members of an international drug syndicate using cryptocurrency to launder proceeds from their illicit deals. End of the Road According to local news Folha de S.

2018-7-18 18:00
international using cocaine brazilian folha drug deals

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Binance becomes first crypto exchange with broker-dealer license in Brazil

Binance, the largest crypto exchange by trading volume, has secured regulatory approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer, according to a Jan. 2 statement.

Binance bags its 21st global crypto license in Brazil

Binance has fortified its presence in Brazil by bagging approval to take over Sim;paul, a locally licensed broker-dealer.

Bitcoin reserve bill introduced in Brazil’s Congress

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LATAM crypto update: Crypto.com’s Visa card, Nubank Brazil launches crypto exchange tool, and Milei’s concerns

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LATAM crypto update: Lemon launches virtual cards in Argentina, crypto ATM usage in Colombia grows 25%

LATAM’s cryptocurrency scene is witnessing notable growth this week, with Lemon launching virtual cards in Argentina and the use of crypto ATMs in Colombia surging by 25%. These developments highlight the region’s increasing embrace of digital assets, offering new opportunities for users and businesses alike.

LATAM crypto update: Argentina advances token regulations, Brazil’s crypto imports surge 40%

This week in LATAM’s cryptocurrency landscape, Brazil continues to see an increase in cryptocurrency activity, with imports of digital assets reaching USD 1. 4 billion in September, as Argentina moves forward on plans to regulate tokens.

Brazil seeks smoother cooperation with new central bank leadership on crypto regulations

Brazil’s government is set to enhance its cooperation with the central bank to tackle regulatory issues surrounding cryptocurrency and meal vouchers. This initiative is anticipated to take shape next year with the appointment of Gabriel Galipolo as the new central bank president.

2024-10-10 22:56

brazil local → Результатов: 60

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