Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges

In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States … Read more

Bitcoin-Themed Hostel Opens in Scenic Brazilian Town of Paraty

Located between the mountains and the sea not far from Rio de Janeiro, Paraty is renowned among travelers to Brazil for its scenic views. It features waterfalls, tropical beaches, an historic Portuguese colonial town, and now a Bitcoin-themed hostel. Also Read: This Week in Bitcoin: Islamic Exchange, Self-Regulation, Social Trading Bitcoin Hostel in Paraty, Brazil … Read more

P2P Markets Report: Latin American and Hungarian Volume Surges

Latin American peer-to-peer (P2P) markets have seen an influx of volume in recent weeks, with the Localbitcoins markets of Argentina, Brazil, and Venezuela posting significant spikes in volume. In other news pertaining to international P2P markets, the Hungarian Localbitcoins markets produced near-record volume in recent weeks, whilst Canada’s recent surge in volume appears to have … Read more

Huobi Expected to Enter Brazilian Cryptocurrency Market

The third largest cryptocurrency exchange by volume, Huobi, appears poised to enter the Brazilian market – with local reports indicating that the company has established an office in São Paulo, in addition to seeking to hire local talent. The interest in Brazil’s market comes at a time of peak interest in cryptocurrency among Brazilian citizens, … Read more

Brazil’s Largest Brokerage Reportedly Working on OTC Bitcoin Brokerage

The OTC bitcoin trading market appears to be attracting big banks and brokers from all over the world who wish to secure a piece of this growing pie for themselves. And the latest company that might create a brokerage specifically for the field is from the largest economy of South America.  Also Read: Barclays Testing … Read more

Brazilian University Launches Cryptocurrency Masters Programme

A major Sao Paulo institution is launching what has been reported as Brazil’s first Master’s degree in cryptofinance. The course comes amid an increasing embracement of virtual currencies on the part of the Brazilian universities, with themes pertinent to cryptocurrency increasingly being incorporated into mainstream tertiary finance studies. Also Read: FSA Study Reveals 3.5 Million Cryptocurrency … Read more

Brazilian Securities and Exchange Commission Suspends Mining Scheme

Brazil’s Securities and Exchange Commission (CVM) recently suspended the operations of mining investment scheme, Hashbrasil. The CVM has accused the company of violating securities laws by conducting an unregistered public offering. Also Read: Chinese Altcoins Can’t Stop Failing Hashbrasil Suspends Operations After Warning From Brazilian Securities and Exchange Commission The Brazilian Securities and Exchange Commission has … Read more

There Are At Least Twice as Many Bitcoin Traders in Brazil as Stock Investors

Bitcoin critics try to attack the cryptocurrency from all angles, but one thing no one can deny is that BTC has now completely captured the attention of the masses. According to figures in local reports, there are already more than twice as many people invested in bitcoin as those who trade stocks in Latin America’s … Read more

Brazil Regulator Prohibits Funds from Investing in Cryptocurrencies

Brazil’s Securities and Exchange Commission announced on Friday that local investment funds are prohibited from investing in cryptocurrencies. The country’s regulators are currently working on crypto regulation; seven public hearings have already been held to discuss this subject. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading No Crypto … Read more