Coinbase Reportedly to Acquire Mercado Bitcoin Owner 2TM

America’s largest trading platform, Coinbase Global Inc, is reportedly on track to acquire 2TM- the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange. (Read More)

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Coinbase’s Big Bet On Latin America’s Largest Crypto Brokerage

U.S. cryptocurrency exchange Coinbase Global Inc is inching closer to a major acquisition deal of 2TM, owner of Latin America’s largest crypto brokerage Mercado Bitcoin. As per a report by a local newspaper O Estado de S.Paulo, the agreement would be finalized by the end of April. However, the news outlet did not disclose the […]

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Mercado Libre Invests in Blockchain Infrastructure Firms Paxos, 2TM

Mercado Libre invests in 2TM and Paxos. The firm did not disclose the investment amount. The senior Vice President gave ...

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SoftBank-Backed Brazilian Bitcoin Exchange Raises $50 Million In Extension Round

2TM, the owner of Mercado Bitcoin, had captured $200 million in July and is now valued at about $2.15 billion.

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Mercado Bitcoin Is The New Sponsor Of Brazilian Football Club Corinthians

The biggest bitcoin exchange in Latin America is the new sponsor of Corinthians, one of the most popular football clubs in Brazil.

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Ripple and Mercado Bitcoin to launch crypto-enabled payments in Brazil

Mercado Bitcoin, one of the largest crypto exchanges in Latin America and a partner of Mastercard, is working with Ripple on crypto-enabled international payments.

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Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up

Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset, Brazil’s Mercado Bitcoin payments arm and how regulators are targeting AI-generated fake news.

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Brazil’s crypto exchange Mercado Bitcoin licensed as payment provider: Report

Cryptocurrency exchange Mercado Bitcoin was granted a payment provider license from Brazil’s central bank on June 2, according to local media reports. With the license, the company will launch its fintech solution MB Pay. “The approval of the Central Bank is a crucial step, as it allows us to continue expanding our business and providing [...]

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