Brazil Regulators Move to Block Bitcoin Mining Investments
The Brazilian Securities and Exchange Commission has declared a bitcoin mining company to be unlawfully offering securities.
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.
Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities.
Ripio is driving mainstream adoption among the unbanked of South America, offering crypto loans in Argentina, Mexico, and Brazil.
Huobi, a major cryptocurrency exchange originally from China, has told CoinDesk that it's setting up shop in Brazil.
Corrupt Brazilian officials have been caught allegedly using bitcoin to divert millions in public funds that were intended for prison supplies.