Softbank-backed Brazilian crypto firm acquires Portuguese exchange

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterNEW YORK, Jan 12 (Reuters) – Softbank-backed Brazilian company 2TM, which runs Latin America’s largest cryptocurrency exchange Mercado Bitcoin, said on Wednesday it will acquire a controlling stake in … Read more

Brazilian federal deputy proposes crypto payment option for workers

Brazilian federal deputy proposes crypto payment option for workers

Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers.Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. However, the bill warrants crypto payments to be made … Read more