Ripple Kicks Off South America Expansion With Brazil Launch
Blockchain payments company Ripple has launched in Brazil as the first stage of its planned expansion across South America.
Executive director Suzanne Pelletier told CoinDesk old school philanthropy isn’t making the cut, necessitating new donation methods.
Information regarding crypto transactions exceeding $7,600 in value must be submitted to the National Treasury.
The World Bank is teaming up with MakerDAO to bring blockchain education to Brazilian favelas.
“This initiative is an answer to great transformation”, the regulators said.
“I don’t know what Bitcoin is,” Brazilian President Jair Bolsonaro says even as his administration eyes blockchain projects.