The exchange must disclose how much money was collected via the sale of tokens. Parent Firm 2TM criticized Brazil’s governing bodies on the regulation of crypto. Securities authorities in Brazil have demanded details on the digital tokens produced by Mercado Bitcoin. The largest cryptocurrency exchange in Latin America. Mercado Bitcoin
Employees would have the option of doing their jobs from home or these locations. The firm stated in March that it will acquire Sim;paul Investimentos. The global cryptocurrency exchange community is increasingly focusing on Latin American nations like Brazil as a result of the region’s robust cryptocurrency market. Binance, the
The Brazilian Securities and Exchange Commission (CVM), recently announced the ban of prominent cryptocurrency exchange, Bybit. According to the official announcement, the regulatory body ordered the suspension of Bybit, from engaging in the securities brokerage business. CVM stated: “Public offering of any securities intermediary services, directly or indirectly, to Brazilian
This wave of layoffs follows a round of reductions at 2TM in June. The business laid off 90 people, or 12% of its total workforce of 750 previously. In light of the ongoing crypto winter, 2TM, the parent business of the Latin American exchange Mercado Bitcoin, has announced the second
In September of last year, Mynt’s release was announced. Key Brazilian broker XP has also shifted its focus to the cryptocurrency market. Bitcoin (BTC) and other cryptocurrencies have been widely adopted by people throughout the globe, and Brazil has become a major hub for the sector. Many smaller banks were
Santander plans to provide its Brazilian clients with access to crypto trading. Santander has already made inroads with crypto in Latin America. Spanish banking giant Santander intends to start offering cryptocurrency trading to its clients in Brazil in the upcoming months. Mario Leao, CEO of Santander Brazil, announced this on
Customers that meet XP’s investment criteria will be allowed to trade on the Xtage platform. XP’s Assets Under Custody increased by 4% in the second quarter. Companies all across the world are investing in crypto as it grows. Brazilian brokerage XP Inc., which now manages over $153 billion in assets,
Mercado Bitcoin is going to obtain a licence in Mexico and operate very soon. This may be the biggest competition for the crypto exchange Bitso. Mercado Bitcoin, a Brazilian crypto exchange, might start operating in Mexico as early as 2022 if the regulatory license is granted. Mexican regulators have yet
The unit will alert and educate users about the dangers of using digital assets. Meinberg did not reveal the number of agents in the crypto unit. Traditional intelligence units have a tough time detecting crimes concerning cryptocurrency because of various distinguishing characteristics. As a result, several nations have already set
Brazil has taken steps to officially develop an investing agency. Agents will undergo special training for dealing with crypto scams. The Brazilian government has announced the creation of a new investigation team that will specifically function only for crypto-related scams and cases. The crew will undergo certain training focusing on
