Deutsche Bank Veteran: Brazil’s Weakening Currency Creating ‘Perfect Environment’ for Bitcoin
CoinTelegraph spoke to Miranda about his plans for the newly launched exchange, Bitcoin’s “untapped potential” in Latin America, and the increasing popularity of BTC in the world’s 7th largest economy, Brazil. FlowBTC is Brazil’s newest Bitcoin exchange that just launched today. "The problem with liquidity in Brazil is we have natural buyers, we have people who want to trade, but we don't have natural sellers," said Marcelo Miranda, a nine-year Deutsche Bank veteran and founder of FlowBTC, to CoinDesk. This problem has been tackled via a partnership with AlphaPoint, a “software platform....
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Brazil’s central bank, the Banco Central do Brasil (BCB), is pushing for more time to roll out its central bank digital currency (CBDC). Earlier in May, BCB released a document covering the general guidelines and characteristics of Brazil’s future CBDC. Roberto Campos Neto, BCB’s chief central banker, also stated earlier last year that the country […]
Today BTCFlow has launched the first institutional exchange in Brazil, Latin America’s largest economy. “The digital currency market in Brazil is still in its infancy,” said Marcelo Miranda, founder of BTCFlow. “However, we are seeing aggressive growth and adoption in other markets, and have no doubt Brazil will follow suit.” BTCFlow was founded by Marcelo Miranda, a nine-year veteran of the Brazilian division of Deutsche Bank. While at Deutsche, he was the head of equity trading for Brazil. Spanning all of his career, he has accumulated over 15 years in finance and technology.
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