1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments

Cielo, the largest credit card processing company in Brazil, recently announced support for cryptocurrency payments on its point-of-sale devices. Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin (BTC) and cryptocurrency purchases on its point-of-sale (PoS) devices. Crypto payments via QR codes Cointelegraph Brazil reported the news on Aug. 30. According […]

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Brazil Central Bank Adopts IMF Guidelines for Crypto Classification

The Central Bank of Brazil has adopted guidelines from the International Monetary Fund for classifying cryptocurrencies. The Central Bank of Brazil has moved to classify bought or sold cryptocurrency assets per International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug. 26. With the new classification under IMF standards, traded cryptocurrencies will […]

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Crypto News From Brazil: Week in Review

From Cointelegraph Brasil: regulators in the country have opened several enforcement actions against alleged crypto scams last week. Last week, Brazilian authorities took regulatory action against crypto-related businesses and several alleged cryptocurrency scams. Earlier this month, legal requirements for crypto-related business tightened in the country, when Brazil’s tax authority, the Department of Federal Revenue (RFB), […]

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Brazilian Non-profit Tags Clothes for Workplace Abuse Using Blockchain

The Brazilian non-profit Alinha Institute launches the blockchain-based Alinha Tag to track clothing through the supply chain for ethical workplace practices. The Brazilian non-profit Alinha Institute has launched their Alinha Tag, aiming to inform customers of the labor conditions of the workshops that produced their clothes. As per a Cointelegraph Brasil report from July 3, […]

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