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Bitcoin Scammers ‘Tired’ of Crypto as Focus Switches to Prepaid Cards

News Bitcoin (BTC) scammers may be abandoning the cryptocurrency to focus on extorting money via prepaid debit cards, a new study suggests. Revealing its findings in a blog post on Dec. 16, cybersecurity company Kaspersky Lab highlighted a growing trend in Brazil as an example of hackers’ growing ..

Binance Cryptocurrency Exchange Launches Latin American Fiat Gateway

News Binance, the leading global cryptocurrency exchange by trading volume and users, today announced the launch of its fiat gateway for Latin America. The announcement was made during laBitConf, a major crypto event for Latin America held in Montevideo, Uruguay. The new platform, named Latamex, w..

Brazil’s Tax Authority Fines Those Who Fail to Declare Bitcoin and Crypto

News Brazil's tax agency, the Department of Federal Revenue (RFB), published a new tax code that specifies 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 further follow-up ..

BRICS Nations Discuss Creation of New Crypto For Unified Payment System

News According to one official in attendance, members of international association BRICS discussed the creation of a new cryptocurrency at a recent summit. On Nov. 14, Russian financial news outlet RBC reported that the director-general of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev ..

Cryptocurrency and Blockchain News From Brazil: Oct. 28-Nov. 3 in Review

Local News Brazil has seen another tumultuous week in the cryptocurrency industry, as the alleged pyramid scheme Atlas Quantum upsets it customers yet again, another six individuals linked to the Unick Forest crypto scheme are arrested, and the founder of A2 Trader challenges Brazilian regulators ..

Crypto News From Brazil: Oct. 14–20 in Review

Local News Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum denied that video..

Brazil Opens A Formal Inquiry Into The Country’s Rampant Cryptocurrency Scams

News Brazilian Congressman Aureo Ribeiro, author of a bill that purports to regulate the Brazilian crypto market, requested the opening of a Parliamentary Inquiry Commission (PCI) to investigate crypto-related fraud in Brazil. Cointelegraph got access to a document that asks for a deep investigat..

Ripple, Coinbase Invest in Mexico’s Biggest Crypto Exchange Bitso

News Ripple, the firm behind the third biggest cryptocurrency XRP, has led an investment round in Bitso, one of the biggest crypto exchanges in the Spanish-speaking world. The first Mexican crypto exchangeAn early partner of Bitso, Ripple has led the new investment round to support the first crypt..

Crypto and Blockchain News From Brazil: Oct. 6-12 in Review

Local News The story of Brazil’s crypto scams took a new twist over the past week as CEO of an alleged pyramid scheme reportedly fled the country after rejecting court deadlines. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Banco Or..

Crypto News From Brazil: Sept. 30–Oct. 6 in Review

Local News Brazil saw another week of reports on alleged cryptocurrency scams as the Sao Paulo Court ordered to block the assets managed by Unick Forex, while another firm was reported of promising 400% returns through a cryptocurrency investment scheme. Here is the past week of crypto and blockch..

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