South America

Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country.

Brazil

Blockchain Pioneer Believes Bitcoin will End Notaries: Brazilian blockchain pioneer Aleksander Mandic is of an opinion that the new technology represents a new era for the internet and will help end government notaries in Brazil. Notaries are magistrates or other senior government officials who act as impartial judges when documents are signed.

Mandic gave his views to a local business news outlet called Valor Economico.

According to him:

“Blockchain will act as a trustworthy digital system with immutable record keeping visible to all stakeholders while being incredibly cheap and easy to maintain”

But, other blockchain promoters like Carl Amorim do not share this view and believe that blockchain will not remove the need for notaries but rather update it and improve it.

Ledger Nano S Starts Pre-order in Brazil: The latest version of Ledger Nano hardware wallets can now be pre-ordered in the country. The new device will come with a variety of new options including Bluetooth connectivity.

However, the inflated price tag of the new hardware wallet has raised some eyebrows.

Securities Commission Denounces Rumours Regarding ICO and STO Regulation: Brazilian Securities and Exchange Commission (CVM) has denounced online rumours that it is going to tighten regulations on Initial Coin Offerings (ICOs) and Security Token Offerings (ICOs).

The current law sees companies with less than R $10 million in revenue as small businesses and doesn’t require them to register with the regulator. According to a recent communique from the regulator:

“The CVM is constantly modernizing regulations due to different factors including innovative infrastructures, supervision, demands of market agents and others. At the moment, the subject in question (ICOs and STOs) are not in the scope of initiatives to be prioritized in the short term”

University to Offer Higher Studies in Blockchain Technology: Brazilian university Uninter is going to offer a new higher course named “Blockchain, Crypto-Coins, and Finance in the Digital Era” for crypto and blockchain enthusiasts in the country.

With the total manhours set for this course at 1,940, it will cover a wide range of subjects like financial accounting, international financing system, Artificial Intelligence, and Electronic Payment Security.

Brazilian Experts to Talk on Blockchain During the World Economic Forum Meeting: Brazilian cryptopreneurs Eduardo Carvalho and Fábio Asdurian were invited to talk during the latest meet of the World Economic Forum taking place in Davos, Switzerland.

The premier economic forum of the world will see renewed discussions and panels on blockchain and cryptocurrencies as they continue to disrupt the conventional economic model prevalent in the world.

Report Shows Brazilians Traded R $6.9 Billion worth of BTC in 2018: A new report by analyst Fernando Tracelli shows that Brazilians traded almost R 7 billion of BTC during 2018 alone.

The report titled Annual Report: Brazilian Market of Cryptocurrencies 2018 shows that the 2018 volume while significant, is 22% less than that of 2017 which largely fell under the bull market.

Brazilian Expert Believes that Blockchain can Increase Life Expectancy: Brazilian expert Ailtom Nascimento, executive vice president of Stefanini believes that blockchain can help increase life expectancy in the country. 

Nascimento believes that the integration of blockchain into health-related services will help provide better healthcare and thus, greater life expectancy.

Venezuela

Petro Cryptocurrency in trouble as Venezuelan Political Crisis Ensues: The current Venezuelan president Nicolas Maduro’s flagship project Petro will be in danger as the political uncertainty grows in the country.

Currently, the opposition leader Juan Guaido has declared himself as the interim president amid mass protests that have engulfed the oil-rich nation. With reports of US backing a coup in the country, the cryptocurrency project may bite the dust if a new regime is successful in assuming control of the country, one way or another.

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