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Brazil Tax Authority Requires Reporting All Bitcoin Transactions Starting Today

Brazil Tax Authority Requires Reporting All Bitcoin Transactions Starting Today

Beginning today, Aug. 1, Brazil citizens are obligated to report on their crypto transactions with the country’s tax authority, the Department of Federal Revenue (RFB).

2 AUGUST 2019

Brazilian Trade Official Says Tax Reform Will Lead to Evasion Via Crypto

Brazilian Trade Official Says Tax Reform Will Lead to Evasion Via Crypto

The head of a major Brazilian trade association, the Federation of Industries of the State of São Paulo (FIESP), said that Brazilians could start using crypto to evade taxes.

26 JULY 2019

Brazilian State Launches Blockchain Platform for Government Contract Bids

Brazilian State Launches Blockchain Platform for Government Contract Bids

In Brazil, the state of Bahia has launched a blockchain application to track the process of public bidding on government contracts, according to a report by Cointelegraph Brazil on July 12.

13 JULY 2019

Brazilian coffee cooperative to launch a coffee-backed cryptocurrency

Brazilian coffee cooperative to launch a coffee-backed cryptocurrency

One of the largest Brazilian arabica bean cooperatives is brewing up a cryptocurrency of its own.

12 JULY 2019

Brazil Requires New Diplomats to Know About Blockchain and Crypto

Brazil Requires New Diplomats to Know About Blockchain and Crypto

The Brazilian diplomatic academy, the Rio Branco Institute, will now require that candidates have knowledge of cryptocurrencies and blockchain, Cointelegraph Brazil reported on July 8.

9 JULY 2019

Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities

Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities

The Department of Federal Revenue of Brazil (RFB) has released new rules requiring that cryptocurrency exchanges inform the regulator about users' transactions in order to identify tax fraud, Cointelegraph Brazil reported on June 19.

20 JUNE 2019

Facebook Releases Cryptocurrency White Paper for Libra Currency
Breaking news

Facebook Releases Cryptocurrency White Paper for Libra Currency

Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18.

18 JUNE 2019

Breaking news
Gov’t of Brazil to Consider Bill Requiring Public Administration to Promote Blockchain

Gov’t of Brazil to Consider Bill Requiring Public Administration to Promote Blockchain

The Brazilian government will consider a draft bill that requires all units of local public administrations to promote new technologies such as blockchain, Cointelegraph Brazil reports on June 11.

13 JUNE 2019

Exclusive: Microsoft Registers Blockchain and AI Platform for Agriculture in Brazil

Exclusive: Microsoft Registers Blockchain and AI Platform for Agriculture in Brazil

Microsoft has registered a suite of applications in Brazil that are designed to improve efficiency in the agriculture sector, according to an exclusive report by Cointelegraph Brazil on June 6.

7 JUNE 2019

Brazil Establishes Committee for Cryptocurrency Regulation

Brazil Establishes Committee for Cryptocurrency Regulation

The President of the Chamber of Deputies of Brazil has ordered to establish a commission to consider cryptocurrency regulation in the country, Cointelegraph Brasil reported on May 31.

1 JUNE 2019

Brazilian Police Arrest Suspect for Money Laundering With Bitcoin

Brazilian Police Arrest Suspect for Money Laundering With Bitcoin

Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24.

25 APRIL 2019

Brazil: Highest Inflation In 4 Years Propels Bitcoin Volume To Record Highs

Brazil: Highest Inflation In 4 Years Propels Bitcoin Volume To Record Highs

The inflation rate in Brazil, the world’s ninth largest economy, spiked to its highest level in four years, driving more people to Bitcoin, as indicated by the recent rise in Bitcoin trading volumes.

22 APRIL 2019

Brazilian Bank Aims to Raise $15 Million Through Security Token Offering

A Brazilian investment bank is planning to raise millions of dollars through the offering of a security token.

21 FEBRUARY 2019

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.

17 FEBRUARY 2019

First Cinema In Brazil To Accept Bitcoin For Tickets

In 2018, Bitcoinist reported that Major Cineplex Group – the largest movie theater chain in Thailand, was set to start accepting cryptocurrencies as a means of payment for a broad range of services such as the purchase of movie tickets and even popcorn.

5 FEBRUARY 2019

Brazil: Government Suspends Indigenous Crypto Plans, New President Criticizes Project

Jair Bolsonaro, the new Brazilian president who has officially taken office a week ago, has criticized a project offering to create a cryptocurrency for indigenous people in a Jan. 7 tweet.

9 JANUARY 2019

Fintech Unicorn Brex Considers Brazil Launch

Brazil is a possible future destination for financial services startup Brex - even if that is unlikely to happen in the short-term.

27 DECEMBER 2018

Brazilian Retail Chain Adds Crypto as a Payment Option

A Brazilian supermarket chain called Oásis Supermercados has added cryptocurrency as a payment option.

26 DECEMBER 2018

Crypto Exchange Huobi Dismisses 6 of Its 10 Employees in Brazil: Report

Major cryptocurrency exchange Huobi has recently dismissed 60% of its workforce in Brazil, a country it entered a few months ago. While the motive behind the move is currently unclear, competition in the country could be the culprit.

16 NOVEMBER 2018

Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization, better governance and more agility in customer service.”

21 OCTOBER 2018

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