On the Brazilian stock exchange, B3, Hashdex already listed the Nasdaq Hashdex Bitcoin Reference Price Index Fund, a fully bitcoin-based ETF that seeks to neutralize carbon emissions, and an ether-backed ETF. In Brazil, it also launched a bitcoin-backed fund aimed at qualified investors. Source link … [Read more...] about Brazilian Crypto Asset Manager Hashdex Pursues US Expansion Following 2 Key Hires
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Brazilian Crypto Unicorn 2TM Raises $50M in Series B Round Extension
Mercado Bitcoin currently has 3.2 million users, a figure that represents 80% of the accounts held by individuals on the Brazilian stock exchange, said Dagnoni, who added that Mercado Bitcoin’s trading volume totaled $7 billion between January and October 2021. Source link … [Read more...] about Brazilian Crypto Unicorn 2TM Raises $50M in Series B Round Extension
Brazilian Ride-Hailing Giant 99 to Enable Bitcoin Trading
Orsolini Filho added that the company implemented the bitcoin trading feature following research conducted at the company’s request that showed potentially strong demand for the service. According to the data, 81% of Brazilian digital banks’ users already know or have heard of cryptocurrencies, while another 54% do not invest in digital assets but have shown interest in … [Read more...] about Brazilian Ride-Hailing Giant 99 to Enable Bitcoin Trading
Brazilian securities regulator approves Ether ETF
Brazil's Comissão de Valores Mobiliários (CVM), the country's securities regulator, has approved an Ether (ETH) exchange-traded fund (ETF), according to an announcement by QR Capital, the holding company of QR Asset Management.The fund, which trades under the ticker QETH11 will trade on Brazil's highly reputable B3 stock exchange, which operates as a regional exchange and … [Read more...] about Brazilian securities regulator approves Ether ETF
Brazilian ‘King of Bitcoin’ Arrested for Involvement in Alleged $300 Million Fraud
Claudio Oliveira, owner of the Bitcoin Bank in Brazil and known as the ‘King of Bitcoin,’ was arrested yesterday for his alleged participation in a fraud scheme involving $300 million. According to inquiries from federal authorities, Oliveira faked a Bitcoin hack back in 2019 in which his company lost a significant amount of bitcoin. More than 7,000 customers lost their funds … [Read more...] about Brazilian ‘King of Bitcoin’ Arrested for Involvement in Alleged $300 Million Fraud