Home » Brazil

Brazil

Lana Del Rey and Florence + the Machine to Play Brasil’s MITA Music Festival

The lineup also promises HAIM, Flume, The Mars Volta, BadBadNotGood, Jehnny Beth, and more. Lana Del Rey and Florence + the Machine to Play Brasil’s MITA Music Festival Consequence Staff

Rioters For Former President Jair Bolsonaro Storm Brazil’s Congress, Supreme Court

HipHopWired Featured Video Source: Anadolu Agency / Getty Supporters of former Brazilian president Jair Bolsonaro stormed government buildings in a move eerily similar to the insurrection at the U.S. Capitol. On Sunday (Jan. 8), rioters in support of the former president of Brazil stormed the buildings of Congress, the presidential palace, and the federal Supreme Court in the capital of Brasilia. The mob of far-right individuals numbered in the thousands, smashed windows, set fires while, ransacked offices, and made off with official documents and weaponry. Federal troops were able to regain control and push them out after three hours of their actions. Related Stories Brazilian President Luiz Inacio Lula da Silva swiftly condemned the rioters, stating that the “fanatical fascists” responsi...

Crypto makes history in 2022: Five instances of governments embracing digital assets

The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. Some of the names are not new, while others showed progress significant enough to include them in this listicle. The United Arab Emirates and El Salvador continued to push their crypto agenda and the United Kingdom showed great effort to lay the regulatory foundation, while Brazil and the Central African Republic legally recognized the cryptocurrencies.  Brazil 2021 might have been a year of mass adoption in Brazil, but it was 2022 when the country finally got its own regulatory framework. Before leaving his office, Jair Bolsonaro, the ...

Tomorrowland Is Returning to Brazil In 2023 After 7 Years

Tomorrowland is making a triumphant return to São Paulo, Brazil in 2023.  After seven years, the iconic dance music festival brand will reappear in Brazil from October 12-14, 2023. It will take place on the grounds of Parque Maeda in Itu, a municipality of São Paulo.  The first two successful 2015 and 2016 Tomorrowland Brazil festivals took place at the same venue and welcomed more than 150,000 people, who joined together to dance under the barrage of lights at the “Book of Wisdom” and “The Key To Happiness” main stages.  Guilherme Gazzola, the mayor of Itu, said that Tomorrowland Brazil goes above and beyond the music and inspires change and significant improvements to the region.  Scroll to Continue Recommended Articles “In addition to it...

Ultra Worldwide Now Has Music Festivals On All 6 Inhabited Continents

The team behind Ultra Music Festival have secured their spot as the most international music festival brand. After expanding to Peru and Abu Dhabi, Ultra Worldwide now has festivals on all six inhabited continents. The inaugural Ultra Abu Dhabi was postponed in 2020 due to COVID-19 concerns, but it’s now been confirmed to take place March 4-5, 2023. Ultra’s booming beats and coruscating laser beams will debut at the largest open-air venue in the Middle East, Etihad Park. Ultra South Africa. Ultra Worldwide After the Abu Dhabi fest wraps up, the Ultra tour will make its way to South Africa for its eighth edition, hosting back-to-back events in Cape Town and Johannesburg on Friday, March 10th and Saturday, March 11th. Africa’s largest electronic music festiva...

Crypto.com continues its worldwide registration push with Brazilian EMI license

Crypto.com has received a Payment Institution License (EMI) from Banco Central do Brasil, the central bank of Brazil. The license will allow it to “continue offering regulated fiat wallet services for customers in Brazil,” according to an announcement on the company’s website. Crypto.com has offered a Visa card in Brazil for purchases in cryptocurrency or fiat since last year. The Singapore-based cryptocurrency exchange recently added a proof-of-reserves page to its website. It has received approvals in several countries in recent months, including France, the United Kingdom and South Korea, the announcement states. It has provisional approvals in several more jurisdictions, including Singapore, Dubai and Ontario. It also had an agreement with the city of Busan, South Korea, whic...

Brazil could cement its status as an economic leader thanks to 2024 CBDC move

As of 2022, more than 30 million Brazillian citizens have no bank accounts, and no credit or debit cards. What’s wrong here? For roughly a decade, Brazil has been passing legislation aimed at changing the situation. However, the results have fallen short of expectations. To better understand the reason, let’s take a step back to look at a historical perspective. The Brazilian banking industry has always been extremely concentrated, historically due to the country’s macroeconomic volatility, the bank’s legacy technology and stringent oversight. At one point in time, the regulator needed some reliable “bulwarks” to build the local financial system and deal with scale. Concentration was an inevitable flipside of that strategy. However, in the past few years, the balance started to shift, with...

The Jux: Harry Styles’ Tour Van Carjacked By Gunmen In Brazil

HipHopWired Featured Video Source: Laurent KOFFEL / Getty Harry Styles is not above the jux. His tour van was carjacked in Brazil by armed thieves in a bizarre heist. As per The Mirror, the crooner’s vehicle was stolen as it was driving through the city of Curitba, Brazil at for his show at the Pedreira Paulo Leminski venue. According to G1, three unidentified men pulled along side of the van on BR-116 Road in São Paulo and “subdued” the driver. While it was originally reported that the automobile contained the singer’s personal belongings, it was actually storing the merchandise that was set to be sold at the show. Local police have yet to identify the culprits or find the stolen van. Related Stories This has been a harrowing few weeks for the former One Direction front man. Back in Novem...

Brazilian crypto industry gets regulatory clarity amid global uncertainty

As the global crypto community is still licking its wounds from the FTX collapse, a liquidity crisis continues to spread around centralized exchanges and decentralized finance (DeFi) alike.  It is soon to be decided whether the coming regulation triggered by FTX’s bankruptcy will bring a silver lining to crypto. The Chamber of Deputies of Brazil, the lower house of the country’s federal legislative body, has passed a regulatory framework that legalizes the use of cryptocurrencies as a payment method within the country. It is estimated that 10 million Brazilians, or about 5% of the population, trade crypto assets. The largest centralized exchange in Brazil is a local business called Mercado Bitcoin, with roughly three million users. International players like Coinbase or Gemini do not ...

Spain for the win? Top 3 fan tokens to watch during the FIFA World Cup

The FIFA World Cup in Qatar is boosting the value of national soccer team fan tokens despite the cryptocurrency bear market. World Cup Qatar hype boosts fan token prices These digital fan tokens are currently rallying despite the cryptocurrency market downturn, securing up to 170% gains from the Nov. 10 lows. At the core of the massive uptrend is the World Cup, which will be held from Nov. 20 to Dec. 18 in Qatar. Fan tokens are cryptocurrencies that enable fans to engage with and participate in their favorite team’s decisions. Moreover, they create new sponsorship opportunities for sports clubs and national squads outside of traditional revenue sources. Here’s a brief overview of the top gainers in the fan token sector, alongside their technical outlook during th...

FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO

The crumbling of the FTX crypto empire may have damaged Brazilian retail and institutional sentiment toward crypto. However, its impact won’t affect everyday citizens — who will still use crypto for cross-border transactions. Reflecting on the recent fall of FTX, Thiago César, the CEO of fiat on-ramp provider Transfero Group said that the exchange’s fall, like in many countries around the world, has hurt confidence around centralized crypto exchanges and crypto in general.  Transfero Group is tied in closely with the Brazilian crypto ecosystem and FTX as it was the fiat on-and-off-ramp provider for the exchange and is also the issuer of Brazilian Stablecoin BRZ, which was listed on the now-defunct exchange. César told Cointelegraph that the collapse of the exchange had removed a...

What’s It Like Using TikTok’s Music-Streaming App?

After swiftly taking over social media in a matter of years, TikTok has its sights set on music streaming, too. In 2020, the company’s Chinese owner ByteDance, officially debuted a music-streaming app, Resso, in three countries — Brazil, India and Indonesia — with ambitions to soon expand into new territories, likely under a brand name associated with its most famous product. This past spring, the company registered the handles @TikTokMusic on both Twitter and Instagram; in May, it filed a trademark application with the U.S. Patent and Trademark Office for a service under that name. And in October, The Wall Street Journal reported, and Billboard has confirmed, that ByteDance is in conversations with all the major music rights holders to launch its music streaming service in additional coun...