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Brazil
Brazil’s Mercado Bitcoin Exchange Raises $200M From SoftBank
Mercado Bitcoin, Brazil's largest exchange and one of the largest in Latin America, has raised $200 million in series B funding from the SoftBank Latin America Fund. "The Hash" panel discusses the booming interest for cryptocurrencies in Latin America and the implications for global crypto markets.
SoftBank Invests $200M in Brazil Crypto Exchange Mercado Bitcoin
The company contemplates acquisitions in Argentina, Chile, Colombia and Mexico.
Brazil Stock Exchange Lists First Bitcoin ETF in Latin America
QR Capital's bitcoin ETF started trading on the Sao Paulo-based B3 exchange under the ticker QBTC11.
Brazil's Central Bank Pushes Back Target Date on CBDC by Two Years
BCB said the timeframe for a CBDC depends on the evolution of its current projects and the international landscape.
Berkshire Hathaway Invests $500M in Brazilian Digital Bank Nubank
The investment is part of a G Series funding round carried out in January.
New FTX Derivative Lets Traders Bet on Re-Election of Brazil’s Bolsonaro
The “Bolsonaro 2022” futures contract should theoretically track the Brazilian president’s perceived chances of re-election.
Coinbase, SoftBank Back $26M Funding for Brazilian Crypto Asset Manager Hashdex
The firm has $76 million in assets under management.
Stablecoins Like USDC See Growing Demand in Latin America: Bitso CEO
Latin Americans are increasingly turning to stablecoins as a store of value.
Consensus 2021: Crypto Is Booming in Brazil, but Regulations Lag Behind
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
$2.2B Bitso Becomes First Crypto Unicorn in Latin America
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.
