#brazil

Cardano’s Charles Hoskinson Announces New Decentralized Social Media Platform for Brazil Amid X (Twitter) Crackdown

cryptosheadlines3 months ago03 mins

Charles Hoskinson’s new platform aims to provide Brazil with a censorship-resistant social media solution amid government crackdowns on traditional platforms. This move highlights Cardano’s broader mission of decentralization and could enhance Cardano’s visibility and influence in global digital governance. Alongside recent developments like Cardano’s preparation for a major governance shift with a new Constitutional Committee,…

Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention

cryptosheadlines3 months ago01 mins

The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN) software to circumvent the blockage, establishing fines of…

Brazil Bans Musk’s X Platform After Failure to Appoint a Legal Representative

cryptosheadlines3 months ago07 mins

September 1, 2024 at 01:00 PM GST updated: August 31, 2024 at 10:37 PM 2 mins read News The Supreme Court of Brazil has now banned X after the Tesla CEO, Elon Musk, failed to appoint an attorney in Brazil. In his ruling, Justice Alexandre de Moraes referred to issues to do with non compliance…

BlackRock’s Ether ETF Launches in Brazil on Aug 28, 2024

cryptosheadlines3 months ago05 mins

BlackRock is expanding its dominance in the cryptocurrency market with the launch of Ether Spot ETF in Brazil. According to additional information, BlackRock’s Ethereum ETF will begin trading on August 28, 2024, with the ‘ETHA39’ name. The interest investors can trade ETHA39 as a Brazilian Depositary Receipt. BlackRock, a leading asset manager, is constantly exploring…

Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

cryptosheadlines3 months ago01 mins

The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due to climate factors and Brazil’s worst orange harvest…

Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin

cryptosheadlines3 months ago01 mins

Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin, the meli dolar, for the Brazilian market. The development was completed in partnership with Ripio, an Argentine cryptocurrency exchange, and is issued by Meli Uruguay S.R.L., a part of the Mercado Libre group. Mercado Libre…

Solana ETFs Face Regulatory Setbacks in the U.S. Amid Brazil’s Approval

cryptosheadlines3 months ago06 mins

August 22, 2024 at 02:17 PM GST updated: August 22, 2024 at 01:24 PM 2 mins read News U.S. Solana ETFs face near-zero approval chances under the current SEC due to concerns over Solana’s security status. Brazil embraces Solana ETFs, with its regulatory body approving multiple funds, contrasting U.S. regulatory setbacks. The SEC’s reluctance stems…

Solana ETF Faces Hurdles, Bloomberg Analyst Suggests Approval

cryptosheadlines3 months ago05 mins

Analysts, including Bloomberg’s Eric Balchunas, suggest that the approval of spot Solana ETF has a “snowball’s chance in hell” due to ongoing SEC concerns. In contrast to the U.S., Brazil’s Securities and Exchange Commission (CVM) has approved its second Solana ETF within a month. The chances of spot Solana ETF approval in the United States…

Brazilian Regulator Grants Approval for Second Solana ETF in the Country

cryptosheadlines3 months ago05 mins

The Brazilian Securities and Exchange Commission (CVM) has greenlighted a second Solana exchange-traded fund (ETF) weeks after it approved its first one on August 8. According to the CVM’s central database, the product will be launched by Hashdex, an asset manager based in Brazil, in collaboration with the local investment bank BTG Pactual. Brazil’s Second…

Brazilian Regulator Greenlights Second Solana ETF This Month

cryptosheadlines3 months ago04 mins

Brazil’s securities commission, the CVM, has approved a second Solana ETF this month. Hashdex, a Brazil-based asset manager, will offer the new Solana ETF in partnership with investment bank BTG Pactual. Brazil’s Securities and Exchange Commission (CVM) has greenlit a second Solana ETF, marking a notable step for crypto investments in the region. This new…

Brazilian Bitcoin Startup Bipa Raises $1.4M in Seed Round

Salim1 year ago1 year ago04 mins

Bipa intends to grow its user community and provide easy access to Bitcoin for people in Brazil. Bipa, a Brazilian startup focused on streamlining financial transactions using Bitcoin, has recently concluded its seed investment round, securing R$8 million (around $1.4 million). The funding will support Bipa’s mission of simplifying financial processes. Prominent investors in this…

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Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention

Brazil Bans Musk’s X Platform After Failure to Appoint a Legal Representative

BlackRock’s Ether ETF Launches in Brazil on Aug 28, 2024

Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin

Solana ETFs Face Regulatory Setbacks in the U.S. Amid Brazil’s Approval

Solana ETF Faces Hurdles, Bloomberg Analyst Suggests Approval

Brazilian Regulator Grants Approval for Second Solana ETF in the Country

Brazilian Regulator Greenlights Second Solana ETF This Month

Brazilian Bitcoin Startup Bipa Raises $1.4M in Seed Round