BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

Brazil Becoming New World Leader in National Blockchain Adoption

BlockNews Team by BlockNews Team
August 18, 2022
in BUSINESS, CRYPTO
Reading Time: 2 mins read
2
SHARES
28
VIEWS
Share on XShare in TelegramShare on Reddit

In the last few days and weeks, Brazil has started to emerge as one of the world’s most active countries in terms of adopting blockchain technology. Within the last one week – at least five major examples of institutions and government adoption of blockchain technologies have been announced.

This adds to the trend of blockchain adoption in government and economy being led by nations in South America – Brazil, Chile, Venezuela, and El Salvador.

Globally in 2021 crypto adoption jumped by 880%, driven by peer-to-peer trading platforms, according to the Global Crypto Adoption Index.

However, long-term stability for crypto will likely rely on governments and institutions adopting blockchain technology. Thus making the use of crypto much more mainstream and accessible.

In the last month alone CoinDesk reports three major developments from Brazil:

  • July 21 – Brazilian fintech company, BEE4, launches a local tokenized stock marketplace allowing mid-sized companies to tokenize their public offerings on Quorum a network running on Ehtereum (CoinDesk).
  • August 15 – Brazil’s largest brokerage, XP, launched Bitcoin and Ether trading (CoinDesk).
  • August 16 – Brazil’s largest investment bank, BTG Pactual launched a crypto trading platform called Mynt, that allows customers to trade BTC, ETH, SOL, DOT, and ADA

In breaking news, on August 17, the Brazilian legislation proposed to require all gold mined in Brazil to be tokenized on a blockchain. No decision has yet been made regarding the legislation.

However, the very act of proposing this bill is a step toward the government’s inclusion of blockchain technology in market regulations and economic activity.

For example, tracking all mining on blockchain could revolutionize the mining industry and create greater transparency and accountability for mining operations.

Things change fast in the blockchain industry, and the leaderboard may require updating in light of recent events. The current list of top 10 countries leading blockchain technology in the world is dominated by Asian and European countries, according to the Blockchain Council.

Regardless of which government or institution adopts blockchain first, it is evident that a global trend is emerging. Technological development may be happening faster in some countries while adoption is gaining more traction in others.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: brazilcrypto
Tweet1ShareShare
BlockNews Team

BlockNews Team

DON'T MISS THESE! HOT OFF THE PRESS

BNB Faces Double-Top Warning: Analysts Predict a 30% Correction Ahead — Here Is What’s Next for Bulls
BINANCE BNB

BNB Faces Double-Top Warning: Analysts Predict a 30% Correction Ahead — Here Is What’s Next for Bulls

October 15, 2025
XRP Holds Firm at $2.50 — Analysts See 57% Chance of Breakout Toward $9.50
CRYPTO

XRP Holds Firm at $2.50 — Analysts See 57% Chance of Breakout Toward $9.50

October 15, 2025
Trump Coin Crashes Out of Top 100 — Is the Hype Finally Over? Here Is What’s Next for TRUMP
CRYPTO

Trump Coin Crashes Out of Top 100 — Is the Hype Finally Over? Here Is What’s Next for TRUMP

October 15, 2025
Friday Could Ignite a Massive Ripple Rally — Here Is What Traders Are Watching
CRYPTO

Friday Could Ignite a Massive Ripple Rally — Here Is What Traders Are Watching

October 14, 2025
Bitcoin Pulls Back While Solana Holds Strong Above $197 — Here Is Why Analysts Say It’s a Healthy Reset
BITCOIN

Bitcoin Pulls Back While Solana Holds Strong Above $197 — Here Is Why Analysts Say It’s a Healthy Reset

October 14, 2025
Cardano Price Forecast: ADA Eyes a 40% Rally if $0.70 Support Holds — Here Is Why Traders Are Getting Bullish
CARDANO

Cardano Price Forecast: ADA Eyes a 40% Rally if $0.70 Support Holds — Here Is Why Traders Are Getting Bullish

October 14, 2025
Load More

Related News

BNB Faces Double-Top Warning: Analysts Predict a 30% Correction Ahead — Here Is What’s Next for Bulls

BNB Faces Double-Top Warning: Analysts Predict a 30% Correction Ahead — Here Is What’s Next for Bulls

October 15, 2025
XRP Holds Firm at $2.50 — Analysts See 57% Chance of Breakout Toward $9.50

XRP Holds Firm at $2.50 — Analysts See 57% Chance of Breakout Toward $9.50

October 15, 2025
Trump Coin Crashes Out of Top 100 — Is the Hype Finally Over? Here Is What’s Next for TRUMP

Trump Coin Crashes Out of Top 100 — Is the Hype Finally Over? Here Is What’s Next for TRUMP

October 15, 2025
Friday Could Ignite a Massive Ripple Rally — Here Is What Traders Are Watching

Friday Could Ignite a Massive Ripple Rally — Here Is What Traders Are Watching

October 14, 2025
Bitcoin Pulls Back While Solana Holds Strong Above $197 — Here Is Why Analysts Say It’s a Healthy Reset

Bitcoin Pulls Back While Solana Holds Strong Above $197 — Here Is Why Analysts Say It’s a Healthy Reset

October 14, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews