#Brazil

Oct 22, 2020
2 min

Paulo Guedes: Brazil To Join The OECD And Plans To Launch IPO

Paulo Guedes, Brazil’s Minister of Economy, said that Brazil is about to join the Organization for Economic Cooperation and Development (OECD) and the Brazilian government has plans to launch a public offering of shares (IPO) for the newly-created digital bank of Caixa Econômica Federal. It has been reported that Caixa Econômica Federal created a digital bank during the pandemic to help the government send financial aid to around 64 million Brazilians. However, Guedes’ commen

0 comments

Brazil To Use Blockchain-Based System “National Health Data Network” To Track COVID-19 Vaccinations

Crypto News Point

Sep 26, 2020
1 min

Brazil To Use Blockchain-Based System “National Health Data Network” To Track COVID-19 Vaccinations

Brazil has planned to use a blockchain-based system called the National Health Data Network or RNDS to track COVID-19 vaccinations, as a recent YouTube webinar from the Ministry of Justice and Public Security hosted discussion on blockchain’s usefulness in several categories, including the fight against corruption. It has been reported by Reuters that at the beginning of September, the country is not likely to push a mandatory vaccine, while September 9 news reported by Merco

0 comments

Meat Processing Company JBS S.A. Uses Blockchain Technology To Help Reduce Deforestation In Brazil

Crypto News Point

Sep 25, 2020
2 min

Meat Processing Company JBS S.A. Uses Blockchain Technology To Help Reduce Deforestation In Brazil

JBS S.A., a major meat processing company, is using blockchain technology to help reducing deforestation in the Amazon rainforest, Brazil. On September 23, it has been reported by Reuters that JBS said that it plans to launch a blockchain-based traceability system for its meat supply chain to ensure it does not buy livestock from farms that are known to have illegally felled trees. However, the company has previously only monitored the final link in the meat supply chain, mea

0 comments

WhatsApp Announces Instant In-App Fiat Payments In Brazil

Crypto News Point

Jun 16, 2020
2 min

WhatsApp Announces Instant In-App Fiat Payments In Brazil

WhatsApp has announced instant in-app fiat payments for over 120 million users in Brazil. On June 15, it has been reported in a statement released by WhatsApp that users that have Visa and Mastercard debit or credit cards from Banco do Brasil, Nubank or Sicredi can now attach instant payments to their messages. However, there’s an unspecified monetary limit imposed due to Anti-Money Laundering (AML) and Combating the Financing of Terrorism concerns. Additionally, WhatsApp use

0 comments

Private Investment Bank BTG Pactual Issues Real Estate Tokens On Tezos

Crypto News Point

May 20, 2020
2 min

Private Investment Bank BTG Pactual Issues Real Estate Tokens On Tezos

Banco BTG Pactual, the largest private investment bank in Latin America is issuing some of its real-estate backed security tokens on Tezos blockchain. Previously, the bank had issued its ReitBZ tokens on the Ethereum blockchain while raising $10 million in Ether and Gemini Dollars. ⁠Largest Private Investment Bank in Latin America Issues Real Estate Tokens on #Tezos Banco BTG Pactual, the largest private investment bank in Latin America is moving some of its real estate-back

0 comments

Crypto News Point

May 13, 2020
1 min

Brazil May Open The Doors For Bitcoin

Brazil may have opened the doors for Bitcoin (BTC), as Bitcoin’s year-to-date performance compared to the Brazilian Real coupled with the country’s financial distress. On May 11, it has been reported by Delphi Digital titled “The State of Bitcoin” that Brazil’s central bank lowering its interest rates to 3% and the fact the Real had lost 30% of its value relative to the US dollar could drive away investors “who find the risk-reward tradeoff no longer attractive” in certain lo

0 comments

Tax Rules Hit Brazilian Crypto Exchanges

Crypto News Point

Feb 15, 2020
3 min

Tax Rules Hit Brazilian Crypto Exchanges

Tax regulations implemented before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges, as digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due to dwindling trading volumes. Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business https://t.co/2fz11bMk9k pic.twitter.com/q7Y8iKgXZ

0 comments

Brazil To Fine Taxpayers Failing To Declare BTC And Crypto Transactions

Crypto News Point

Dec 7, 2019
1 min

Brazil To Fine Taxpayers Failing To Declare BTC And Crypto Transactions

Tax agency of Brazil- The Department of Federal Revenue (RFB) published a new tax code specifying on fines for taxpayers who fail to declare their Bitcoin (BTC) and cryptocurrency transactions. On Dec. 6 Cointelegraph Brasil reported that the new crypto tax code is a follow-up to provisions made by the RFB in August that require Brazilian citizens to report all transactions involving cryptocurrencies, in accordance with rules established by Normative Instruction 1,888 introdu

0 comments

Crypto and Blockchain Helps Saving the Amazon Rainforest by a US Foundation

Crypto News Point

Sep 5, 2019
2 min

Crypto and Blockchain Helps Saving the Amazon Rainforest by a US Foundation

A New York-based Foundation and a non-profit NGO, Rainforest Foundation who works in Central and South America are expecting to support anti-deforestation attempts to the Amazon Forest with crypto and blockchain technology. Fires and Deforestation in the Amazon Rainforest On September 4’ 2019, the Rainforest Foundation offered help to the crypto and blockchain group for asking their support to fight against forest fires and deforestation in Brazil. The post on the Foundation’

0 comments

Follow Us On

mail@cryptonewspoint.com

Contact Us