Tag: Brazil

  • US-China soy trade war could destroy 13 million hectares of rainforest

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    Study suggests Brazil likely to rush to fill China’s sudden soy shortfall by boosting farming The Amazon rainforest could be the greatest casualty of the trade war between the United States and China, warns a new study showing how deforestation pressures have surged as a result of the geopolitical jolt in global soy markets. Up […]

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  • Brazilian Bitcoin Exchange Wins Standoff as Bank Reopens Account to Avoid Fines

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    Banco do Brasil reportedly even held $32,300 of the exchange’s funds in limbo. A lawsuit against it was filed on Sept. 12. Initially, an injunction was denied, but judge Fátima Rafael, from the Federal District Court, later gave the financial institution a 24-hour period to reopen Bitcoin Max’s accounts or face a fine of about […]

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  • Brazil: Antitrust Watchdog Sends Questions to Crypto Exchanges After Bank Account Closures

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    Brazil’s antitrust regulator has sent a questionnaire to crypto exchanges whose banks accounts have previously been closed, major Brazilian financial newspaper Valor Economico reportsTuesday, October 20. The Brazilian Administrative Council for Economic Defense (CADE), operated by the local Ministry of Justice, sent the questionnaire to ten companies: Bitcoin Market, Bitcambio, BitcoinTrade, Foxbit, Walltime, Braziliex, BitBlue, Open Digital […]

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  • Brazilian Football Club Avaí to Launch Cryptocurrency, $20 Million ICO

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    Just days after French soccer giant Paris Saint-Germain football club (PSG) announced its own cryptocurrency, complete with an initial coin offering (ICO), Brazil’s Avaí Football Club has come up with a similar plan. Announced Wednesday, Avaí FC has partnered with blockchain-based sports investment ecosystem SportyCo and football investment platform Blackbridge Sports to raise funds worldwide through the ICO, aiming to raise […]

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  • Venezuela crisis: More migrants cross into Brazil despite attacks

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    The number of Venezuelans entering Brazil is rising, officials say, despite Saturday’s attacks on makeshift migrant border camps. A Brazilian army spokesman said about 900 Venezuelans were expected in the state of Rorarima on Monday, a steep rise in the daily average. The numbers of people trying to flee Venezuela’s economic collapse are stoking regional […]

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