Binance Ordered to Halt Offering Derivatives Trading in Brazil

The Brazilian Securities and Exchange Commission (CVM) on Monday ordered cryptocurrency exchange Binance to immediately cease offering derivatives trading services in the country. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating […]

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Bitcoin in Emerging Markets: Latin America

In advance of her “Crypto Across Emerging Markets” panel at Consensus: Distributed on May 11, Leigh Cuen is writing a three-part column on how cryptocurrencies are used in the developing world. The first installment explored bitcoin adoption in the Middle East and the second covered Africa. Some believe the broader economic crisis might lead to “dollarization” in emerging […]

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Rainforest Charity Launches Crypto Appeal to Help Protect Amazon

A veteran non-profit is embracing the crypto community to fight Brazil’s forest fires. The Rain Forest Foundation, founded in 1987, announced today a campaign to fight the Brazilian forest fires with the help of the crypto community. Although the Foundation has accepted crypto for years—and even developed their own, BitSeed, in 2014–the Brazilian fires has […]

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This Brazilian Investor Just Accidentally Bought Bitcoin at $20,000

Every crypto investor’s worst nightmare came true for one Brazilian trader, who accidentally bought bitcoin at a massive premium. At one point, he bought 0.0047 BTC for 340 Brazilian reals, worth about $91. At press time, said amount of bitcoin is worth less than $15 on other exchanges, meaning at the rate he paid for […]

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