Tag: Brazil

A New Bitcoin World

More Cities and Regions Accepting Coins for Taxes, Services

More Cities and Regions Accepting Coins for Taxes, ServicesCryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and the lives of ordinary people much easier. More […]

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August 6, 2019 0

Brazilian Supermarket Chain Now Accepts Payment in Bitcoin

Brazilian Supermarket Chain Now Accepts Payment in BitcoinA Rio de Janeiro supermarket chain, Oásis Supermercados, is now accepting payment in bitcoin core, bitcoin cash and litecoin. It joins a growing number of Brazilian businesses in construction, ecommerce, hospitality and transport, already taking payment in cryptocurrency. Also read: Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet Shopping the Cryptocurrency Way Beginning Dec. 18, […]

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December 21, 2018 0

Bitcoin Miners Flock to Paraguay as Country Weighs Its Social Development Options

Bitcoin Miners Flock to Paraguay as Country Weighs Its Social Development OptionsParaguay’s Itaipú Dam, one of the largest hydroelectric facilities in the world, is supporting bitcoin and ethereum mining in a city on the country’s border with Brazil and Argentina. These efforts have already spawned a number of new cryptocurrency businesses, creating multiple millionaires, but an ongoing reassessment of the dam’s developmental potential could spell boom or bye […]

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November 6, 2018 0

Brazil’s Tax Authority Goes After Cryptocurrency Profits

Brazil's Tax Authority Goes After Cryptocurrency ProfitsBrazil’s tax authority has published proposals to regulate the cryptocurrency landscape over concerns digital assets are being used to launder money and evade tax. A document released by the Department of Federal Revenue of Brasil (RFB) disclosed plans that will force cryptocurrency traders to reveal their identities and for exchanges to submit financial reports to […]

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November 3, 2018 0

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

New Pos Terminal by Pundix Allows Nigerians to Make Purchases in BitcoinIndonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches […]

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September 29, 2018 0

Not Dead: There’s Good Reason to Be Long on Bitcoin

Not Dead: There’s Good Reason to be Long on BitcoinWith western Christianity set to celebrate the basis of its theology this weekend, bitcoiners the world over might be showing up to churches in droves, hoping one resurrection might lead to another. The ecosystem’s main prophet, Tom Lee of Fundstrat Global Advisors, has outlined four reasons why enthusiasts ought to be bullish on the future: […]

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March 30, 2018 0

Why Venezuela’s New National Cryptocurrency El Petro Will Fail

Why Venezuela’s New National Cryptocurrency El Petro Will FailWashington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled out, adding woes to a region […]

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January 28, 2018 0