Tag: Brazil

Stablecoin issuer Tether will make USDT available at 24,000 ATMs in Brazil starting Nov. 3. The mutual conversion of Tether and Brazilian reals will be managed by the local crypto services provider SmartPay and the ATMs’ owner TecBan. On Oct. 20, Tether announced it will enable the conversion of USDT to Brazilian reals through an…

Brazil, the largest South American country, is joining the first movers to regulate cryptocurrencies. The Brazillian senate has passed a bill to regulate cryptocurrencies in the country on April 27. The bill yet must first be passed by the Chamber of Deputies before President Jair Bolsonaro signs it into law. The bill aims at creating…