Federal Police has been authorized by the Brazilian Government to use full force against activities of money laundering taking place on the basis of cryptocurrencies. Police have been asked to initiate a full-scale crackdown operation against such activities in an effort to bring the criminals before trial. So far operations are going on in 5…
Coinbase, alongside one of the major partners of Ripple based in Japan, has decided to provide assistance to a crypto firm based in Brazil that was founded by a former Microsoft executive. The assistance comes in the form of $26 million, an amount that can certainly be helpful if utilized in the proper way. The…
In news relating to Ripple that is not about their ongoing legal battle with the SEC, two of their major clients by the names of Banco Rendimento and MoneyNetint have recently made headlines after they announced that they are going to be making much cross-border payments on behalf of small and medium enterprises (SME) in…
According to news making the rounds, Ripple, parent company of the XRP crypto recently held a closed-door meeting with high ranking officials of the Central bank in Brazil. According to the statement released by the premier bank of the South American country, President of the bank, Roberto Campos Neto held the meeting via a live…