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Latam Insights: Brazil Bans Predictions Markets, Report Highlights Region’s Mining Potential
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil issues a blanket ban on non-financial prediction markets, Hashrate Index highlights the potential for bitcoin mining growth… Read full article
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Central Bank of Brazil: Stablecoins Dominate Over $6.9 Billion Crypto Purchases Registered in Q1
According to data released by the Central Bank of Brazil, stablecoin purchases comprised $6.8 billion of the $6.9 billion in cryptocurrency purchased abroad by Brazilians during Q1. This represents an increase of over 100% compared to the same period last… Read full article
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Hashrate Index: Brazil and Venezuela Show Potential to Grow Latam’s Bitcoin Mining Share
A new report on the state of bitcoin mining in Latam found that the region is lagging in bitcoin mining adoption, even as it holds vast energy resources. While Paraguay holds the fourth place in global hashrate, Hashrate Index picked… Read full article
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Brazil Cracks Down on Prediction Markets With Sweeping Ban
Brazil bans prediction market platforms, blocking access to Polymarket and Kalshi to protect investors and reduce risks from unregulated betting.
Brazil has taken strong action against prediction market platforms, signaling a major shift in its financial rules. The government has… Read full article
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Brazil Issues Ban on Non-Financial Prediction Market Contracts
The measure, which would affect international prediction markets, like Polymarket and Kalshi in Brazil, is part of a battle against illegal gambling by President Lula’s Administration. According to a technical note, these platforms would reproduce fixed quota bets, which are… Read full article
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Building Through the Noise: Security Transparency and New Milestones in Brazil & the US
To our SatoshiPay investors, Pendulum community, and partners,Continue reading on Medium » Read full article
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Largest Bank in Brazil Moves to Invest in Bitcoin Mining
Itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across Brazil. Minter’s approach allows it to take advantage of surplus energy that would… Read full article
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