
Tags: Brazil
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Latin America has reported a 42.5% year-over-year growth in cryptocurrency adoption, marking it as one of the fastest-growing regions.
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Brazil’s largest fintech bank, Nubank, has suspended Nucoin trading, citing the need to protect users from potential market volatility.
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Brazil will have a second Solana ETF, shortly after its first on August 8, while the US might not see such a financial vehicle soon.
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Brazil’s agency rejected Binance’s $370K offer but accepted $1.76M to close an investigation into its derivatives products.
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The Solana ETF is in the preparatory stage, awaiting approval from Brazil’s stock exchange, B3, for its official launch.
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Nubank customers will be able to send and receive Bitcoin, Ethereum, and Solana using its app.
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Domestic Exchanges Account for 99.7 of Brazilian Cross-border Crypto Trades – Central Bank
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Worldcoin’s decision to silently discontinue Orb Verification in India has remained undisclosed for several months.
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Worldcoin Discontinues its Orb Verification Services in India, Brazil and France
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Under the new taxes, Brazilian citizens will pay the state up to 15 of their crypto profits.
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Brazil Expansion Is “Central Focus” for Coinbase
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Brazilian Unicorn Nubank to Launch Crypto Withdrawals
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Brazilian Financial Regulator Co-launches Crypto Glossary
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Brazil’s Largest Lender Itau Unibanco Brings Bitcoin Trading Service to Clients
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Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
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