Brazil World Cup Gets Unique Bitcoin Bookies

There's a brand-spanking-new bitcoin ATM available for bitcoin enthusiasts available in Brazil, according to a Tuesday announcement from San Diego-based Genesis Coin. Deployed by Coinverse, the Genesis1 ATM is located at the Shopping Nações Unidas at the World Trade Center building in São Paulo, Brazil. Coinverse starts their operations during a time when the world's eyes are fixed on Brazil with the ongoing World Cup games. "This launch comes at an ideal time and place to bring convenience and flexibility to the large number of international tourists who will be visiting Brazil during....

BitPagos, who has successfully launched Bitcoin service in Argentina is now expanding into South America's largest country, Brazil, with the release of Ripio.com. Ripio allows anyone living in Brazil to be able to make Bitcoin purchase orders through their website, and with a basic bank slip, can buy Bitcoin at thousands of locations throughout Brazil. Also read: "Argentina: Bitcoin Just Received an Unintentional Boost". BitPagos Launches Ripio in Brazil. "We have noticed an exponential growth of Bitcoin economies all around the world. And mainly in Latin America, where the expensive....

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.

Multilingual Austrian Economics expert Fernando Ulrich is driving the cryptocurrency bandwagon in Brazil and the Portuguese-speaking world. His blog, translated as “Money in the Digital World,” on Brazilian business portal InfoMoney, has introduced many influential Brazilians to cryptocurrencies. And with the World Cup just months away, these are exciting times for Brazil’s economy. We reached out to Ulrich earlier this week to get his views on Bitcoin in Brazil and elsewhere.

Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to a letter sent by Hashdex to its clients, the state-backed banking institution will be able to offer its customers the possibility of buying the crypto ETF of Hashdex, which will have the ticker “HASH11.” That said, the Bank of Brazil’s customers could have exposure by investing in....