What’s a Bitcoin? Brazil President Proposes a ‘Euro’ For South America

The president of Brazil, Jair Bolsonaro, blamed Bitcoin for canceling an indigenous cryptocurrency project, despite not knowing what it is. And now he’s considering a South American ‘Euro.’ Cryptocurrency To Bank Brazil’s Unbanked The 45 million Brazilian Real ($ 11.5 million) project planned to introduce a cryptocurrency for use by the indigenous population, who remain […]

Crypto News

South Korea’s Top Crypto Exchange Just Launched a Major Product, But is There Real Demand From Institutions?

Bithumb, South Korea’s largest Bitcoin exchange by trading volume, has launched an over-the-counter (OTC) trading platform that will allow deep-pocketed traders to exchange crypto assets off the books. In an official announcement, Bithumb Global Limited, a Hong Kong-based subsidiary of the South Korean exchange, said that it will cater services to institutional clients under the […]