Bitcoin Forum

Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

Huobi, one of the largest crypto-currency exchanges in the world, opens its office in Brazil without much publicity. According to local media reports, the management of the Singapore company was spotted at a trade event in this South American country where it actively contacted the well-known figures from the Brazilian crypto-currency community. It was also reported that Huobi has already rented an office in São Paulo, the country's largest city, considered its financial capital. In addition, the company began to search for local staff through LinkedIn, in particular, opening the vacancy of the Compliance Director and the Manager of the Digital Market. Huobi, who moved from China to Singapore last fall after the ban on the country's crypto-currency trade, has been actively expanding its activities around the world in recent months. In January, it was reported that Huobi intends to open an office in San Francisco. In April, the crypto-exchange Huobi Korea began its work in Korea - this event should have happened earlier, but was postponed due to tightening of regulation in the country. Next, Huobi announced plans to open its first offices in Europe and Canada - in London and Toronto, respectively.

I read that there is 400 000 active users and around 2000 BTC exchanged per day. Great figures !

Malta, Switzerland, Germany,... Every country wants to be the number 1 in the crypto (adoption, exchange, hub, ...) But very few nations do something to help to make something concrete. Other than regulations which at the end, make the country unfriendly for cryptos


Reported your account

Today,An estimated 1.4 million of open crypto-currency  trading accounts, shared between 3 competing platforms  . Foxbit count 400 000 users and holds 36% of the market shares and the exchanges between Bitcoin and Brazilian are around 2000 BTC per day.
There are about 150 new companies related to blockchain and cryptomonnaies that are developing .

Each country is trying to be the BlockChain hub in their region (Malta in Europe, Brazil...). However all of this  is good for the cryptocurrency

It is a big news, And, need only good news at this moment. But I am not sure, Brazil cannot be a crypto leading country too early. They have to prove many things. Maybe we are getting more news like this; if every state continues to accept bitcoin wisely, then bitcoin may help their country to remove Poverty, And, we will get a stable Bitcoin Price. Oh, I have too much hope.

This is great the world market of cryptocurrency is going viral ,and this means that soon there will be no more fiat currency account and the banks will be silent

this is great news! I was in Brazil, and what surprised me the most: they barely carry paper money! All locals always go with credit cards! In Brazil, there were huge chains of stores accepting crypto coins and bitcoin! It's no wonder that they realized the greatest advantage of the crypto world before anyone else!

Bitcoin have come to stay. Haters should take or leave it. It will keep spreading like bush fire all over the world. Bravo to Brazilians on this great step.

This is good news,the world market of cryptocurrency is going viral,it also great news bcs brazil is also bitcoin user country and good stup

Are you sure you were in Brazil? When did that happen, 2040?



What good news? That Brazil is doing trades worth 2000 BTC a day?
And about the article (https://www.forbes.com/sites/kenrapoza/2018/05/30/more-people-opening-crypto-trading-accounts-in-brazil-than-traditional-securities/)....


So from his own words, 90% of his clients have a single cent invested  ;D ;D ;D

Maybe Brazil has some potential to become a cryptocurrency centre, now that exchanges are moving to the largest country in South America, like recently Huobi planning to open office in Sao Paulo. But not too long ago Brazil was a third world country and most of the population is still very poor.

Well, things are improving and there, I think all countries will soon open such vozmozhnosti, and all will evolve in a greater degree of satisfaction, whatever it was also convenient.

Brazil has good volumes and prospects. Interestingly, this will affect the operation and price of bitcoin in 2018. I'd love to know How many bitcoins people own in Brazil ?

If can remember, since 2015 there are hundreds of stores accepting bitcoin in Brazil.

If they managed to focus by that time, they can be the tiger country for cryptocurrencies right now.

I find that very hard to believe though, Even in the USA people use paper money a lot in their transactions more than their credit cards just because they don't want to pay outrageous fees.

They started to adopt cryptocurrency years ago, but if they continue to fully adopt the system they can really be one of good place to use cryptocurrency. I heard so many projects being creates in brazil now, some of the exchanges make their move to enter in the market of Brazil. The potential to become a leader in cryptocurrency is there and I hope many country will do the same thing.

After setting up its working place in Sao Paulo Huobi wants to expands its business throughout the Brazil.

Brazil also has the potential to create the largest ICO service. public enthusiasm for crypto there increases every year.

I think that brazil will compete with swiss, venezuela, japan, because they are also widening its wings to become a crypto country

Many countries are reconsidering their attitude towards crypto currencies now, but it will take time untill we get a stable and really defines situation.

can you tell the source of where the news is? what makes this news better? can make bitcoin back to $ 20000
I would prefer if china became a leader in this crypto currency would be a big influence for all bitcoin owners

People here are discovering the crypto world each day and we have our own exchange called Foxbit.. :D

also, we have a lot of youtube channels only about bitcoin and another alts.

And government is trying to tax bitcoin... That's really a pain.. ¬¬

and, yes, I'm from Brazil.

I'm not sure about Brazil, because Brazil can not be the leader of a crypto country. There are still many countries that deserve to be the leader of crypto like russia or dubai with stable economic conditions

Wow..... This is huge breakthrough for Brazilians. A good pace has been set and in no time other neighbouring countries would follow suits. Huobi Exchange is a great platform and their token is doing good as well.

No matter how big is the news is whales decide when to pump and dump. Even it’s looking good that crypto currencies overtaking traditional brokerage equity  or other assets . But still regulation required for crypto currencies.

All countries can claim it but brazil has the potential to lead a crypto currency with high trading levels now but among other countries can make it a leader ,not cover it another country is also very influential to become a leader like japan who has started all the work connected to crypto

When these confusion will circle around the world all the minds are go down when some good news will arrive it will very comfortable and tension free for all the investors.

If Brazil continues to develop in this direction, then soon we will see very good statistics! What causes, in my opinion, great interest in this country

Brazilian football star Brazil has established itself as a developing nation in the world. Brazil's Economy Brazil is a very strong international world and Brazil is ahead of industry and trade.

Excellent news!

Is it true? can you give me the proof?
hopefully this news is true and hopefully Cryptocurrency will start to be used all over the world. Aamiin

My hope in the future, Cryptocurrency will have a system that can provide better security to its users

I think almost every country want too show how trendy and technological it is. Nowadays many of governments are hurrying to control crypto currencies and make them to work on the government. I would like this countries who is counting themselves on the first place about crypto made not so grabbing and cutting freedom terms for every user.

Brazilians always ahead when it comes to tech trend. They rarely missed out tech trend like bitcoin But when they follow, they follow for real and stick with it. Brazil is going to be cryptocurrency ringleader both regulatory side and development side. In Brazil, there is a rapid trend for bitcoin and people are opening cryptocurrency trading accounts more than traditional brokerage accounts.

almost every country expects the same to have technological sophistication and they are competing to be the best and the progress of their country and this is experienced by many countries that have developed crypto and will be a good asset in the future and I am sure that many developing countries will recognize things the bitcoins are a source of hope for many countries to become state assets.

They have proven a lot about bitcoin. Maybe we can get more news like this because every country continues to receive bitcoin in a sensible way so bitcoin can help his country to eradicate poverty and we can get stable bitcoin prices and everyone has a lot of expectations out there. 8)

Weird...the news are saying exactly the opposite:

https://www.bloomberg.com/news/articles/2018-06-07/brazil-doubles-down-on-currency-intervention-as-rout-continues




Common, Brazil, the champion of murders and crime is all but a "developing" nation and "strong' internationally whatever that means.

And since you also mentioned football, aren't you the guys that got a Seven-Up from Germany on your own home field?

 

How is the regulation and government point of view about Cryptocurrency in your country?

I think there are so many people from this place, good news for bitcoin, it will grow here

The entire market is in a bad move at the moment, but we must admit that this is good enough for the entire community in here, anyway, brazil is not going to change much in here

I guess Huobi is working hard to take over Brazil Crypto market, which is good for now.

As far as I know in Brazil they want to prohibit the use of crypts.

I think Brazil may embrace Bitcoin too early. Perhaps Brazil is not suitable for cryptocurrency. I don't think it is necessary to advance into the field. Is he doing business with Venezuela?

You are in Brazil, and to your surprise they barely carry paper money, if every country continues to accept Bitcoin wisely, then Bitcoin can help its country to eradicate Poverty, And we will get a stable Bitcoin Price.

Yep, but this will going to change

https://btcmanager.com/bitcoin-mining-company-to-launch-ipo-on-london-stock-exchange/

I'm glad to hear about the good news about Bitcoin. There are a lot of negative news about Bitcoin. They are almost all fake news. The market is falling under the influence of these fake news. I hope to see some more news like this post.

This is really great and can be consider as a big achievement of cryptocurrency market and we hope that with the announcement of a new exchange in brazil people may encourage to invest more in crypto market.

Wow, this is a very good news. North American countries participated. More and more countries will accept cryptocurrencies. I am very happy.

Brazil is making some good moves economically to embrace the future. They expanding their territories in the crypto industries and this would be a major boost to their economic growth, which experts have predicted to be among the top 10 in the world by 2030.

In Brazil, it is very important to introduce a crypto market! In the new year, 15,000 stores signed a contract for the reception of coins. DASH! I'm sure that Brazil has chosen the right direction in the development of the crypto market! I'm sure that Brazil will help to make a strong economic crush! In Brazil, many people have long given up cash! Brazil is moving in the right direction and opens its doors to bitcoin and the entire crypto market! Crypto market is the future, and here one will win who will start his first development and advancement in this direction!

If this is the case probably, this would be a major setback in bitcoin or in cryptocurrency. Sell the news. People more and more are believing in bitcoin. This is great. Crypto might become so known around the globe now. And up up btc.

I found this is a great news for the industry. let me clarify. The more account will generate more demand, and as a result more supply will be required and it will make the market more growing and rising with higher possibility.

a very good response the more bitcoin will use bitcoin will rise a positive news story that will lift bitcoin.
hopefully bitcoin later this year increased.

Good news for Brazil. Thus, Brazil sees the density in bitcoane
I want to be cho and in my country the development took place

WOW! It is great to hear that they are trying to beat the traditional brokerage house. I hope and believe they will be succeed in the competition and will make a great platform for the traders. Thus the crypto market will rise high.

This is seriously very good news , Brazil is considered to be one of the developed and advanced country of the world and this is very good to see that Brazil has added crypto currencies to their technology and I am surely that the introduction of bitcoin will advance their technology and their technology will upgrade to many levels because bitcoin itself is a new definition of digitalisation and the introduction of bitcoin into many countries signifies that the era of digitalisation has been started.

Well, things are improving and there,Maybe Brazil has some potential to become a cryptocurrency centre, now that exchanges are moving to the largest country in South America, like recently Huobi planning to open office in Sao Paulo. But not too long ago Brazil was a third world country and most of the population is still very poor.otherwise I think all countries will soon open such vozmozhnosti, and all will evolve in a greater degree of satisfaction, whatever it was also convenient.

   

It sound quiet interesting, slowly and slowly, countries are beginning to acknowledge crypto and blockchain technology. It would really help not only bitcoin economy, but also in their country and their economy. That only means that their country is beginning to recognize the existence of bitcoin and how blockchain technology can help them.

im glad to hear some good news about cryptocurreny. this mean not all countrys are hated the used of blockchain tech. im hope more new good news will be coming soon to bring up the market.

This is a good news. It's a happy news to lovers of Bitcoin. I think this will affect Bitcoin in the world, if the news is true.

Great to here the news. I hope it will increase day by day. It will make the industry prosperous in coming days. And will bring something benevolent for the whole market.

I thought Japan is the leader, isn't? Anyway, smart countries trying to adapt it already, other just trying to regulate it or add taxes for it.

Brazil is likely to be another country that will accept Bitcoin. Every month there is good news from countries that accept more bitcoin. I guess that in 2020, the whole world will accept bitcoin

many people want to be the number one in the world, and Belarus) so far it is bad for everyone. I hope that the cryptocurrency will be perceived positively by countries in the near future!

I think Bitcoin good news comes every month. Brazil is a big country. Happy to get good news. I am not sure but I think, the world will accept bitcoin very soon. It is my belief that in 2022, bitcoin will take 90% of the country's progress by itself.

wow! this is a really good news at this momemt for crypto marker, Because this is a possitive new about of crypto market,Because of a fake news such as a market dump, it can be a loss to the market, as well as a good news about crypto, it can be useful to market, marker pump, so due to sharing this news with everyone many many thanks for you.

What is that

   With 207 million citizens Brazil can do much more. Not just them, entire world can make much higher daily numbers, and that will happen.
Brazil have many stores that accept crypto-payments.
   Brazil shows improvements in their economy. Brazil is seventh largest in the world by purchasing power parity, growing industry. Brazil is in
the world’s top 10 biggest economies in 2017.
   Good news from Brazil right after news from South Korea. Better days are coming with more countries joining Blockchain!

Back in 2009, if someone living under Brazilian law made his or her first transaction buying and selling bitcoin at a profit, they had to pay (or should have paid) income tax in order of 15% of its capital gains (unless the total amount involved was less than to R$35,000 ($10,600) in a month, when a tax exemption was applicable).

It's not easy to have a business in Brazil. Anyone wanting to do so needs to hire an accountant and a lawyer to prepare a contract equivalent to the articles of organization in the US. Afterwards, there is the need to obtain a taxpayer ID issued by the federal, state and municipal governments.

But differently from most businesses, cryptocurrency-related ventures that deal directly with large sums of money, securities, art, jewelry or other assets are subject to very specific duties regarding anti-money laundering policies and compliance in general.

First presented in 2015, the discussed bill adds nothing to the digital currency legal environment.

Collected (https://www.coindesk.com/legal-future-cryptocurrencies-brazil/)
They leaned on the crypt to get government scope. They're not able to do business smoothly, the crypt started the business easily. The people of Brazil are benefiting and the government is satisfied with the tax.

I guess that's a decent amount of potential growth there. If they continue growing their economy along with their own crypto market we could see some interesting things.

I wonder what Jorge Stolfi is doing these days and how he's taking the current situation, lol.

One would know if a government knows what is good for their citizens with the way it treats cryptocurrency. Forward thinking governments embrace bitcoin while others ban it.  :-X

Brazil is a very poor country. Brazil will be too late to reach Bitcoin. But the good news for Brazil is that bitcoin is helping Brazil a lot. It is expected that in this poor country, Bitcoin will take place very quickly. This is very good news for Brazil.

It is like water in the middle of the arid desert. this good news hopefully can fix the current bitcoin price. If every country continues to accept bitcoin wisely, then bitcoin can help its country to eradicate Poverty, And, we will get a stable Bitcoin Price.

Yes, I heard even Brazil football legend Ronaldinho is launching an ambitious new cryptocurrency project which aims to establish a football academy, host amateur and global league matches around the world, develop and operate a betting platform and marketplace, and develop digital VR stadiums that will analyze player skills and compile a blockchain database with which to create new teams. I hope Brazil will adapt to the digital society faster.

Huobi is opening an office there but does Brazil have any large native exchanges? If they want to be big they should make their own but i guess if huobi can reach out to the Brazilian people then it's great for btc

Great news unbelievable i didn't know that so many members and users of bitcoins out there. Congratulations i'm so happy to Brazil they know how to use a new generation of transfering money in digital currency or electronic cash i'm so amazed and excited for the greater things happen in Brazil we should celebrate them i believe that one day other nation use bitcoin to have an convenient life.

Maybe we are getting more news like this And we will get a stable bitcoin price. They started accepting electronic money many years ago, but if they continue to apply the system fully, they can really be a good place to use electronic money. The potential to become a leader in electronic money is there and I hope many nations will do the same.

can you please let us know the Government's point of view toward crypto and Blockchain in brazil?

Oh, cool! Really interesting news about Brazil. And what about ICO projects will it be in demand in Brazil what do you think?
I have found a really safe application. It calls Socratus. It is a insurance ecosystem which provide a digital platform for insurance companies . So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem such as property, flight delay, cyber insurance and etc. Their main aim is to help insurance companies to reduce costs (it can be reduced from 15 to 25 %) and  get their business on new level. Also, they powered by Smart-contracts & Socratus Oracles.It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures. From my point of view, it is innovative and fit the market.

Very good! I am more than happy to see this kind of news! It finally seems that bitcoin is having a good momentum at the moment, lets see how it keeps going forward

Fresh breeze blows bro. but that is my thinking. is this good news can make the situation so that the price of cryiptocurrency in the market becomes better than now ...

There are lots of good signals coming up. Seems crypto is going to have a good time. ;D

Brazil really has a great progress towards crypto currency. This is proven by the opening of the trading account of crypto currency there. This could be a reference for other countries to do the same thing.

this will be very good and this is good news, with the Brazilian country which provides great opportunities for bitcoin and I think this is a great progress by the Brazilian state.

great progress from this beautiful country, the world of crypto will get better with the increasing number of members from Brazil, is it a factor that affects the rise of crypto charts lately? I think yes, this year will be great.

It's really nice to see the rise of blockchain and crypto currencies in Brazil. The Brazilian are really starting to trade crypto in great numbers.
Now it's only a matter of time before we will start to see many interesting ICO projects coming out of Brazil.

This is really very good news, if more and more countries are accepting bitcoin and are competing to become leaders in the crypto world. this will make crypto currencies have a bright future in the world of the world economy

Is that so , thats pretty good actually . Never thought brazil are into cryptocurrency . I mean , when i think of brazil i only imagine football or other sports . Guess id have to re evaluate my views . I just looked it up on google and dang , there are lots of people whos into bitcoin from brazil .

"A year ago, an exchange called Foxbit had roughly 100,000 registered users. Today, it exchanges around 2,000 Bitcoin to and from Brazilian reals daily and has a 36% market share. They also have 400,000 registered users out of the estimated 1.4 million that have opened accounts with them and their three main competitors in less than two years’ time. Compare that to the roughly 600,000 who have stock brokerage accounts and it’s plain to see: Brazilians have discovered cryptocurrency. In 2016, Brazilians moved $160 million in and out of Bitcoin. Last year, it hit around $2.4 billion."

That is a HUUUUUUUUGE amount of money than i ever imagine  ;D

Source (https://www.forbes.com/sites/kenrapoza/2018/05/30/more-people-opening-crypto-trading-accounts-in-brazil-than-traditional-securities/#4181365e7e21)

I think  Brazil has some potential to become a cryptocurrency centre, now that exchanges are moving to the largest country in South America, like recently Huobi planning to open office in Sao Paulo. But not too long ago Brazil was a third world country and most of the population is still very poor.

I really like Brazil! at the beginning of the year, more than 15,000 stores were using to accept crypto coins in their stores! Brazil is well developed in the crypto market! I really like that they are one step ahead of many more developed and civilized countries! Now they crypt fever!)))

As for the figures it only proves the capacity of bitcoin to help people even you only have a small amount of money, and with this you can generate income while waiting. Bitcoin really is something at the same time government or countries who accepted bitcoin are smart with making decisions because it is a very wise decision to make.

Well received news  that will soothes all stressed  nerves. I think this Brasil and Indian news are really making impact on the market as the sentiments may be part of the sudden surge in the bitcoin price of over $8k. The rally has started in earnest.

Great! good to all Brazillians   who are into  crypto it's really  a good  news .  Looking  forward on this progress  and I hope that  my country  will soon  accept and adopt bitcoin  so that  it will be much  easier  for us   to  make  such  crypto transaction.

Brazilian must seen the present and future of cryptocurrency which they want to buy into that direction for total economic development. I hope more individual from different countries in the world would buy into that idea which cryptocurrency would bring to them both at present and in the near future.

This is a very good news that Brazil is one the country that has legalised bitcoin. Bitcoin has been in lots of controversy because of its volatile nature and due to which its valuation keeps on flactuation and the second reason is that is its illegal use and because of this many countries are not in favour of bitcoin but still there are few countries who has legalised bitcoin and they are witness that bitcoin boost their development and I am sure that in the end every country is going to legalise bitcoin.

thats quite a bit. glad that brazil is moving up and improving. showing a great example to other countries

Wow, actually its a great news from Brazil. I think after this, there will be more contry that will accept and legalize bitcoin.

It's a good news, indeed, if it's true, of course. It might mean more public acceptance and, as a result, cryptocurrencies should become more trustworthy.

Wow.. This is really wonderful and I hope other civilized countries can follow suite.

Especially good news from a large country of developing countries
Waiting for stronger news to have a greater impact on the market .

This is very pleasing. Over time, the crypto currency is becoming more militant and more rasprostronenoy.Nadeyus soon in every country it will be legalized and recognized

Good news for all people in Brazil, using bitcoin they will have the opportunity to earn more income, so the people there have side income in addition to salary from their own work. This should be of greater concern to the people there in order to better improve their economies and prosper the people there.

Good news always makes us grateful. Cryptocurrency lovers are the happiest when there is news of crypto money received in a country, or the government legalizes cryptocurrency as a legitimate payment instrument. Slowly but surely the digital currency will become one of the financial instruments that applies globally. Like or dislike.

It really was a great news and a happy news was needed at this moment. Accepting Brazil's Bitcoin will have an impact on it. Brazilian economy will change in infrastructure. Brazil will reduce the number of unemployed people and people will be released from poverty and curse.

That is a good move by Brazil and am sure they are not the only country who want to set record, there are several countries along the line and that is great to hear that.

If Brazil becomes a full crypto friendly country then they can provide plenty of trade for venezuela. The region needs something like that as it is almost a certainty that other countries in that region will fall as well

Yes, that's good news, but I think it will be difficult for Brazil to become a crypto currency leader, I prefer China, which is the leader of crypto currency because in China there are far more users, and it will definitely help for crypto prices to rise again higher.

That was a new beginning for brazil. Given the economic downturn for many years Bitcoin as a new horizon for this country. It is also a great opportunity to attract the attention of investors and big speculators. I believe that the following countries will accept bitcoin as a payment method

I am also happy to hear the news because it makes the crypto community more developed, and hopefully, many countries that follow Brazil in the future will be increasingly recognized by the public.

Now they crypt fever! I think Brazilian and Indian news is really impacting the market as sentiment may be part of a surge in bitcoin prices over $ 8,000. Great! Looking forward on this process and I hope that my country will soon accept and accept bitcoin so that we can easily carry out cryptanalysis. It can mean more public acceptance, and as a result, electronic money will become more reliable.

yes bro. hope this good news will change the market better :'(

I heard that the legendary football player Ronaldinho is launching his platform with his own cryptocurrency. This project will focus on the creation and development of the football Academy, which will involve both Amateurs and professionals. You can say everything related to sports will be present in this platform.

Every time you post such a news, it is a good practice to also post the source of that information.
Speaking of the news, every such news brings in a lot of positive vibes to the entire community and the same reflects in the market valuation. Only such news can make people enter this market more and make a fortune out of it.

Is someone there can update on what's the current development of acceptance for crypto on Brazil? I heard few years ago than more than hundreds of stores are accepting bitcoin, this was around 1-2 years ago.

But it looks like this country has been quiet in media and I believe that they are developing very well there. It's not only a good news but its also an encouraging and challenging thing on the part of other countries who are still skeptic of adopting crypto's.

 Brazil is the top one country of the crypto -Currency market.Because this country has huge number of users and daily exchange is huge to any other country.

This is good news  to the crypto family and such that loves crypto. Brazil has a reasonable population where bitcoin can thrive among the people on P2P  basis. Brazil is good fertile ground and the crypto will  sell and do well for all to see. I hope Brazilian government will give full backing to crypto currency.                                                                                                                                                                                                                                                   

This is great news, because I want as many countries as possible to allow bitcoin on their territory and began to develop it, to change in their economy. This will greatly improve the development of the technology itself.

Each such news is a great sign for bitcoin. The more countries accept it, the faster it is fully implemented in the world as a currency. And it's great that Brazil turned out to be such a modern country.

I didn't know Brazil was so technologically advanced. I think that such a decision of this country will significantly affect the positive development of bitcoin technology and accelerate its global implementation.

I am very happy if Brazil accepts bitcoin, this will have a positive impact on Brazil's economy, it will be better, of course I am very happy with this news

Most of the countries in South America are poised to be leaders in the cryptocurrency market very soon and I attribute this to the fact that it's cheaper to mine cryptos in Latin America due to cheap electricity consumption.

I have not heard any news about brazil. I think brazil's government is planning to legalize electronic money. The electronic money market is booming here. There are many large projects operating in brazil. This is a good news for investors.

many countries have started their business on the blockchain system, this is good news for bitcoin investors in entering each country's program for crypto currencies

People are now getting to understand and see the relevant of them adapting and accepting the use of cryptocurrencies. Cryptocurrency is the solution to the corrupt and centralized financial system of the world. Its time people need to accept the fact that cryptocurrency is the future of the world financial system.

Its a good news when hear people from others country more active in cryptomarket. I am believe in near future, cryptocurrency become popular investment in the world. I am believe there is not too late to start make investment in cryptocurrency

Brazil surprises and it pleases, I hope other countries will follow its examples, it will have an impact on the course:)

This is very good and positive news, with the news like this the impact is also very influential with the fate of bitcoin later. So we also have to continue to support and try so that developing countries can also participate in developing cryptocurrency.

this might make Brazil a good country for crypto, we can wait for how the development of crypto in Brazil has an impact on countries around the world. so I think it's a big thing for Brazil if it really has good potential.

Looking forward to this process and I hope that my country will soon accept and accept the bitcoin so that we can easily implement decryption. Hope this good news will change the market better. This project will focus on the creation and development of the Football Academy, which will involve both Amateurs and professionals. Whenever you post such a news, it is a good practice to also post that information. Only such news can make people enter this market more and earn more money from it. I heard a few years ago over hundreds of stores are accepting bitcoin, this is about 1-2 years ago. It is not only good news but it is also an encouraging and challenging part of the other countries who are still skeptical about accepting crypto. Because Brazil has a large number of users and Daily exchange is huge for any other country.

We know little little water drop can make a pond, little little pond can make a river and the little littel river can make the ocean. So, small small news can make a community, and the small small community can make massive power. So, there is no doubt we can make a better world, a better easy financial world. We are making Bitcoin world where are many depending on your finger tap.

yes the big country should have the big vision about bitcoin, they should know about bitcoin and should have positive thinking about bitcoin, if bitcoin is not grown in a country, i think the country wouldn't be the great country in the future (in my opinion) so its good for brazil to accept bitcoin in their country

Brazil has struggled with the economic crisis for years. Corruption in the political system with the standard of accusations, betrayal continues. It is not surprising that Brazilians seek a "new horizon" like Bitcoin.

This is a good news for bitcoin future. Finally people already understand what is bitcoin and how easy to use it, also what is the benefits of using it. Then new investors will come and the prices will be going up more and more. Stay hold and buy more. Never sell your bitcoin to new investor for lower prices.

I trust that bitcoin have a good future, day by day every country trying to used bitcoin as a payment method or others activitie.brazil is large country,so that they are opened trading platform. Its amazing News for crypto lover.        

The world has realized the importance of cryptocurrency and despite the dip in market, there is an underground adoption going on.

This is great news for the cryptocurrency world. The adoption of it by any country, the company significantly increases the progress of bitcoin and the entire cryptocurrency in general.

I think that it is great that more countries are ready to accept btc and this means that we will be able to benefit from crypto even more as it is going to develop much and will give us more opportunities

It is very good that many countries are becoming bolder and not afraid to change and adopt such cutting-edge technology. I am sure that this will only improve the development of Brazil.

Many countries should take the example of Brazil, which has adopted this cryptocurrency. All countries should pick up on this trend, and then the world will really be able to transform with the adoption of cryptocurrency.

Is it true? hopefully with this happening, it can give a positive thing and lead to a better direction. hopefully it can give good influence to other countries in order to legalize bitcoin

What's the news in Brazil, whether the price is 1eth high or the price of 1btc or bitcoin has been allowed to enter Brazil, maybe I won't know about it.

This is totally a great good news to all of us. Great indeed that the crypto currency community has another good news like this. I hope more upcoming news and announcements will spread throughout our community.

if Brazil wants to become the king of cryptocurrency trading it is not enough to just have a lot of brokers. Brazil must create many breakthroughs related to blockchain technology

João Amoêdo, the candidate for the New Party, is running on a platform for new financial innovation including the integration of blockchain in electronic voting platforms, accountability in public management, and establishing digital identities online. This can be a great start for the nation. If truly this was said by an aspirant, then there's sense in saying that brazilian government has an open mind for cryptocurrency trading in the country. Because an aspirant can't just say this, if he does, in a market that doesn't have a feeling for bitcoin, the he will run the risk of loosing the election, so he already knows that their market have an open invitation for bitcoin.

Great move from Brazil, I hope it will be the american leader in crypto adoption just like Malta is in Europe.

This is good news, of course, this is a very good achievement, because it is not easy in one country to legalize this cryptocurrency to be extraordinary.

Wow really good news when Brazil want accepted bitcoin for their payment and make cryptocurrency more famous and know by all Brazil people, hope by this news could make bitcoin and altcoin price will growing up and higher.

This is good news for crypto holders, especially for me. I read in Brazil that many people use crypto for everyday transactions, this will make Bitcoin more stable because Bitcoin continues to be used not stored as assets. And that is the main goal of Bitcoin. Brazil is a country that has a dense population and consumption of Bitcoin will have a good impact on the crypto market.

It would be more perfect if you attach the news link that you sent in this forum. But I will say that this is good news, if Brazil will become the leader of the crypto currency. Not only is it famous for the soccer players, ;D but Brazil will be famous for this good news. Thank you..

Brazil is becoming a major player in the crypto world and not just investors and traders but we can see many new potential ICO projects that are launching from Brazil promising many benefits to investors and users and it is even a great source even for the betterment of the crypto market in the future because the country is developing rapidly in the trading industry  

I am happy to read this news, of course, bitcoin is enjoyed by all circles in Brazil. This will have a positive impact, of course I hope not only in Brazil, if all countries are the same as Brazil Bitcoin will be the No. 1 currency.

the good news is that Brazil allows bitcoin, but this is not the first country to make such a decision. much is laid down in the laws of the countries, we will see what changes will be in the legislation of Brazil.

If this news is true then it will be a great thing for the people who live in Brazil. It's a really big achievement for these people.

This is a good news in the crypto space and we need more of this. I hope that bigger countries will adopt crypto soon.

at least this is a trigger for other countries to follow. so that with many countries that allow bitcoin, it will have a big impact on its development. and i think impact is not immediately felt, but it does need a process

Legalize bitcoin as a new hope for the Brazilian economy after the crisis. A progress Brazilian step into the Bitcoin space will have a significant impact on the market.

I have noticed it too that Brasil is making big inroads into the Cryptocurrency markets and in Bitcoin as well. They also signed a deal with PundiX to get their Xpos around in their shops etc, so they are making big partnerships to make Bitcoin and other cryptos accessible to the locals in more than just the traditional sense so you will be able to buy and sell Bitcoin in a shop as well as going onto an Exchange. This means that even those who don't trade Bitcoin but want to buy it easily will be able to use an Xpass wallet or card and buy it from their favorite shopping outlet that stores an Xpos.

Brazil is one of the countries that is capable of developing a wider bitcoin and will become a great crypto country. Good news will continue to provide a positive response to the development of bitcoin.

the good news from brazil is Bitcoin Gold (BTG) is a free, open-source cryptocurrency project developed by bitcoin volunteer fans. Bitcoin Gold is a fork proposed to the Bitcoin network to create a new blockchain. The new blockchain is not compatible with the existing version of Bitcoin.

That would be a good start for the Brazil economy.

It is true that the crypto market is now in need of big news to boost market prices higher, and in my opinion this news is great news, with this news expected that the crypto market will return high in the coming months.

I seem to be left behind by this news,
but I'm not sure that is true. you should use the official link so that it can be as proof. so we can research it and try to find the truth and not just a rumor

That would be a good start for the Brazil economy. Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.

yeah i think that was good news, that we know brazil have some liberal culture and this thing might ben can develop cryptocurrency into out of the boundaries that we have been imagine

Also, they have large numbers of people who can adopt this chain, if brazil will pushed this and most of their citizen will follow and adopt the system it can make a good impact to the entire world, it can bring domino effects, aside from that, those countries who also dealing with them can be influence by
such moves, we just need to keep monitoring the progress and expect good outcome,.

it proves that the interest of people who invest in cryptocurrency is increasing and that it will make the cryptocurrency will be very strong and last forever, besides that I am sure the price of cryptocurrency will definitely increase because of the increasing number of people investing in cryptocurrency.

Definitely this is a happy news from Brazil this will increase the popularity of cryptocurrencies in the world and most of the countries will give priority to this. There is a lot of hope as crypto will rule the world.

Good the see, that the interest of people for cryptocurrencies increase in South America too. Venezuela, Columbia, brazil.. On the other hand, if people have to buy crypto, because their national currency is hyper inflating, it is not that good.

It is too early to rejoice and announce that Brazil will be a home for cryptocurrency enthusiast. As long as the law is for cryptocurrency is not friendly, it will never be a leader in cryptocurrency.

That's great news for crypto currency.I think every country think about crypto currency.crypto currency will become a suitable payment method for everyone.Bitcoin bring new idea,technology that's great innovation for world.there are few people they don't want bitcoin rise because if bitcoin rise they will be fall in loss because they use old idea and technology.I belive they can't stop bitcoin as well as crypto currency.

is it right  . If it's correct I think this is good news for bitcoin. We need a leader in e-money and help develop stronger electronic money in the future. I think to do this Brazil needs to do a lot to show itself as a pioneer in the field of electronic money.

wow  it is  a  good  new for investors Brazil is  going  to   use  blockchain  and  i  think  there will  be  more  places that  will start  to  use  it  and  there  will be  more good  news.

Opening crypto accounts does not only make a country strong or crypto friendly until the government and authorities gives it green light and augment crypto as part of its payment processing like Estonia.

Cool, we are dreaming of having a nation that supports electronic money, grow it and become a leader in electronic money. Brazil is a populous country and certainly is a potential market for bitcoin. While many countries are opposed to bitcoins, it is great to have such a large country accept and support electronic money. This is good news to increase the bitcoin value

Yes it's a great news from Brazil, welcome to the new generation of money making forum Brasilia. It's a very big developed countries hope people will come to know about cryptocurrency very soon also they will start investing for a better future.

Of course, It's a good news from relevant countries. hope for the future purpose. I am it has a good future prospect.

I declare that this is good news for the world of cryptocurrencies. I was very interested in reading this news, but I also did not find a link connected to the news. But I believe because Brazil is a developing country.

The first Brazilian Bitcoin conference titled "I BitConf" took place in Florianópolis. This event has been very successful bringing people together from many states of Brazil and Argentina. BitConf is an initiative started by the Brazilian Facebook community and other Bitcoin group sites.
After the end of the first conference, the organizing committee organized two further events with larger scale. These conferences still focus on issues surrounding digital money and focus primarily on Brazil and Argentina. However, they also extend to other countries, such as the US, China and Russia.
The benefits of Bitcoin are becoming well known in Brazil, Argentina, Venezuela and Latin America. Many Latin American countries are suffering from a prolonged recession and rising inflation. In particular, Venezuela's inflation rate has reached 720% over the years and this is the same with its neighbors. Quite a lot of people from these areas now want to participate in the decentralized economy, Bitcoin.

Many believe that Latin American countries such as Brazil and Argentina are fertile ground for Bitcoin. Currently, both countries are witnessing an exponential increase in the use of Bitcoin. By the end of 2015, Bitpay saw significant growth across Latin America trading volumes above 1,747%. "Latin America is proving to be an extremely favorable environment for Bitcoin," Bitpay said. Because there is a large percentage of the population with little or no access to traditional financial services. "

A very good vision of this open minded country to cryptocurrencies and hopefully, Brazil will also inspire other countries who are still in confusion whether they will embrace the blockchain technology too or just remain wondering and asking "what if" in their minds. The time to travel to the moon is here and these countries shouldn't be wasting much time believing in some negative thoughts from others.

And with Brazil legalizing cryptocurrency in their land, I think that this is a pretty much good idea, to help their economy rise up, I'll probably put Brazil on my bucket list for sure, and I hope that with Brazil accepting crypto, other countries that have banned BTC would finally legalize them or somewhat make them neutral for the sake of their citizens.

That is pleasantly surprising. Brazil is huge and if their government will accept cryptocurrency it will be a great leading by example. Their population is massive and it will be a wide expansion of the crypto. It will give more credits and trust to bitcoin and other altcoins. 

This is very pleasing. Over time, the crypto currency is becoming more militant and more rasprostronenoy.Nadeyus soon in every country it will be legalized and recognized

I hope that as you expect, if not only Brazil legalizes Crypto, other countries must also develop like Brazil, because why by accepting Crypto, there will be a lot of benefits and the government will get a big profit.

Brazil as a world-class tourist destination certainly does not want to lose momentum in crypto trading, because many rich people who travel use crypto money. This opportunity is used by Brazil to attract as many tourists as possible, because the effects of many tourists certainly make the economy more advanced.

Brazil needs to start pushing forwards or it will be outclassed by its neighbours argentina and venezuela. Brazil has a better economy so there is a better chance for setting up the necessary infrastructure

Brazil good news for bitcoin Crypto currency ligel  Currency From Brazil.Government accept from bitcoin for Brazil.Day by day most country ligal from bitcoin.This is world wide currency. Brazil country government thinking from bitcoin than this currency ligal this country people.Bitcoin user most country people.Bitcoin is world popular currency. This coin market cap.1st listed & high price for market. Brazil people used bitcoin & other currency. I Think so Brazil country government devolope bitcoin uses. Bitcoin economy is better from world wide.

good news for cryptocurrency users. this is the beginning for the good of crypto world. that's going to be continuous and that eventually it will even support more people especially in our government.

This is really good news as more and more people are being aware of bitcoin, it can help also make the value of bitcoin much higher.

This is a good trend and I hope that we can observe it in other countries and not only in Brazil. this is extremely important for bitcoin

The fact that Brazil is becoming a leader is not accurate information as the race for leadership continues but I am very happy for every country in the world that it develops financial independence from traditional currencies !

Brazil's encryption has developed very slowly!
Japan in eastern Asia is the fastest growing country for cryptocurrencies!
Japan is leading the world of cryptocurrencies!

My opinion is do not have positive and bigger effect if Brazil government want to accept bitcoin because just small people from Brazil is active become investor or trader in bitcoin and crypto currency, we are looking for greatest country like UK or Netherland for allowing bitcoin transaction.

Brazil is a develop country. In fact, it may become a hive of cryptocurrency since there are some brazilian people that I know whom are getting part of crypto world. At present, they need to regulate cryptocurrency so that it will become legal in Brazil. As we know, USA is a cryptocurrency friendly and anytime, it may influence Brazil anytime.

it's true, but with the info about the brazilian government accepting bitcoin will have a good impact on other countries to be interested in accepting cryptocurrency and bitcoin, so with this news will have a major impact going forward.

As of now many country started to become one of the best country who use cryptocurrency and most of them started to allow it to use in public places and I think it is a very good news. If Brazil will fully develop it and they fully adopt it I think it will have a good impact in their economy and because of this many countries will be get interested on cryptocurrency.

This is really a good news ;D I'm hopeful that neighboring countries as well as the asians will also follow Brazil.

The cryptocurrency market is growing quickly, so it is normal for many people to open a cryptocurrency account in Brazil. We expect more development in other countries.

if in the future Brazil can prove to the world that using Crypto money can increase the country's economy, of course, other major countries will emerge following it.

I recall back in October 2017 when Brazil hit the limit of their initial million dollars of Bitcoin under administration. Presently they have over $35 million under administration even with Bitcoin falling. They are doing exchange, only with an algorithm. It's a nondirectional exchange that profits on the wasteful aspects, and on the volatility inherent in this new and worldwide cryptocurrency trading system.

It's making me jealous of Brazilians. Hope other countries will take a cue from them.

After some day Aren't they tell bitcoin is ben im afraid of, With some good news there some other thing can happen   

Brazil is showing the world how to manage its crypto economy that is good news.
The Department of Federal Revenue of Brazil (RFB) is doing a great job of requiring the companies that carry out crypto-related operations to reveal the amounts of transactions and the identity of the clients if they exceed R $ 10,000 Brazilian reals ($ 2,700). month.

I see it positive because the nation can thus collect taxes that can benefit its citizens, avoids the evils of corruption, money laundering, etc.

According to Cointelegraph (https://cointelegraph.com/news/brazilian-tax-regulator-publishes-draft-on-cryptocurrency-taxation)

Excited news about at this present trading currency in the Brazil country.some days before I have reading few articles bitcoin banned in Brazil. Absolutely it is the good processing Brazil to available bitcoin.

wow this is really cool, of course bitcoin will have a good impact on the people of Brazil and their government. If it continues to survive, the improvement of the economy there will be very good.

Man, this is a great news. Hope it becomes a leader one day.

That's a great news actually, were most of the companies all over the world now are connected into blockchain technology.  This is showed that

at the present time now crypto or bitcoin really has a capacity to become a currency all over the places in the entire world.

I think this is good news especially for people in Brazil. This will make the economy in Brazil getting better, especially if people there are processing and utilizing bitcoin well then it can be ascertained that the economy there will be more advanced and people there will increase their income.

I hope other countries could be like this.

if you say this is good news and hope to be able to help bitcoin prices now I strongly agree, but if for bitcoin to be stable I don't agree because if bitcoin is stable, it will make bitcoin less interested by investors.

We can pigeonhole about old investors cause they like bitcoin with its volatility, they will still invest in bitcoin even though the price of bitcoin is not volatile, they can choose long term investments to address this issue. But the most important thing is new investors, many of them do not like bitcoin because of volatile prices, hopefully with a stable bitcoin price can attract every new investor to invest in bitcoin and also the most likely thing that will happen if the stable bitcoin price is every merchant will accept bitcoin as a payment system, surely this will make everyone know and interested in bitcoin.

The Brazilian financial authority gives permission for bitcoin, so that it can be used freely. The opportunity is taken by Grupo XP, which is the largest financial group in Brazil with various business models. They see a great opportunity from bitcoin so that it accepts as a means of payment. There are even universities that accept payments using bitcoin.

One Brazilian step that can be a good response to blockchain technology, and I think this will be a good development for the country's economy, but now the market is red so it will be a tough challenge to be able to convince investor confidence.

Well, this is a wonderful news indeed it means how rapidly cryptocurrency increasing its popularity in Brazil. Everyday huge amount of cryptocurrency is being exchanged there and investors making profits at the same time. So it seems someday Brazil will be one of the leading crypto holders countries as it has a huge population.

If Brazil have initiated the crypto then it is a good sign for their future and we can say that Brazil can lead in the crypto soon, Crypto is the one which is most popular now a days for online investment and online trade as well bitcoin is important for me due to its nature and i can buy things now over the internet.

This news is very good for the crypto market. Because it will lead to crypto currency. Because of which the crypto market will benefit. And there is such a country in the whole world. Those who hate crypto currency The country will also consider adopting a crypto currency.

It seems that there are many good developments in Brazil and this makes crypto more widespread, crypto users increase so the future will be good and the crypto will be one more superior transaction.

Maybe we are becoming greater news like this And we are able to get a strong bitcoin price. They started accepting electronic cash a few years ago, but if they retain to apply the system completely, they could definitely be a terrific vicinity to use digital money. The ability to turn out to be a leader in electronic cash is there and I hope many countries will do the equal.

This is indeed awesome coming from Brazil.  It's seem some countries of the world have started taking positions when it comes to cryptocurrency having seen the ability to change the world,  they don't want to miss out on every opportunity it can bring. 

Great full and nice good news that means bitcoin including whole cryptocurrency as well they people support there will be continoue to progress and somep country understand well hiw they can help for the community adopting virtual currency.

great new. at this time