Ripple teams up with Mercado Bitcoin to launch faster, cheaper cross-border transactions in Brazil. The service aims to streamline treasury operations between Brazil and Portugal using blockchain technology. Bollywoodfever: Ripple, the digital asset infrastructure provider, has expanded its digital payment…
Brazil’s cryptocurrency imports reached $12.37 billion by August 2024, surpassing last year’s total. The Central Bank’s data highlights growing demand despite an increasing trade deficit in digital assets. Brazil, Bollywoodfever: According to data from the Central Bank of Brazil, cryptocurrency…
Brazil may reinstate daylight saving time to address power generation issues caused by a severe drought affecting hydroelectric plants. Learn how this move could alleviate energy pressure. BollywoodFever: Brazilian authorities are expected to approve the reinstatement of daylight saving time,…
Brazilian Federal Police dismantled three criminal organizations that laundered $9.7 billion using cryptocurrencies. Eight arrests were made, and assets worth $1.58 billion were seized. Bollywoodfever: Brazilian Federal Police have dismantled a major money laundering operation that used cryptocurrencies to launder…
Brazil’s GDP grew by 1.4% in Q2 2024, surpassing expectations, driven by strong services and industry sectors. Full-year growth projections are set to increase. Bollywood Fever: Brazil‘s economy outperformed expectations in the second quarter of 2024, as robust performances in…